John Malone, the chairman of Liberty Media, explained why his company made a buyout bid for Barnes & Noble valuing it at $1 billion. The decision came down to Liberty's bid for Sirius and his outlook for Nook, he said. You might look at the experience we've had with Sirius XM, Malone told shareholders at a meeting in Denver on Monday. In 2009, Liberty acquired a 40 percent stake in Sirius XM in exchange for a $530 million investment. That stake is now worth more than $5 billion. It seems that Malone thinks that Barnes & Noble shares are similarly undervalued. Malone then pointed to Barnes & Nobles Nook e-reader as a possible source of future success, saying that as publishers grow wary of the dominance of Amazons Kindle, theyre more likely to offer their support to the rival Nook. Malone also thinks that Nook, which runs on Android software, could expand by becoming an e-reader platform for third-party devices. But he denied rumors that Liberty would push for synergy between the Nook and any of its existing properties, including Starz, LiveNation, and QVC. Malone said that he expects a decision from Barnes & Nobles board in the coming months, if not weeks. Continue reading at 'AdWeek'
[ AdWeek | 2011-05-24 00:00:00 UTC ]
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Sir Elton John has finally revealed the title and cover of his first autobiography, Me, to be released in October. Continue reading at The Bookseller
[ The Bookseller | 2019-03-26 00:00:00 UTC ]
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John Murray Press has acquired an anthology of 50 poems written in endangered languages, accompanied by translations and commentaries. Continue reading at The Bookseller
[ The Bookseller | 2019-03-22 00:00:00 UTC ]
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James Verdesoto is a graphic designer who's masterminded the visual marketing for countless movies, including iconic posters for "Pulp Fiction" (when he was creative director at Miramax), "Girl, Interrupted" and "Ocean's Eleven." Today, Vanity Fair puts him to great use with the release of... Continue reading at Advertising Age
[ Advertising Age | 2019-03-12 00:00:00 UTC ]
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Sir Elton John will take part in a one-off signing event at Waterstones Piccadilly this autumn, as part of a "global event" publication for his autobiography, Macmillan has revealed. Continue reading at The Bookseller
[ The Bookseller | 2019-03-12 00:00:00 UTC ]
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ALA officials said the president's budget proposal was discouraging, but the bipartisan support in Congress over the past two years gives library supporters "reason to hope.” Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-03-11 00:00:00 UTC ]
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Longtime Penguin art director John Hamilton passed away in February, at the age of 55. Eight colleagues and collaborators share their memories of him. Continue reading at The Bookseller
[ The Bookseller | 2019-03-01 00:00:00 UTC ]
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John Young’s Farewell Tour of a Terminal Optimist (Kelpies Edge) is the winner of this year’s £3,000 Scottish Teenage Book Prize, an award run by Scottish Book Trust and supported by Creative Scotland. Continue reading at The Bookseller
[ The Bookseller | 2019-02-27 00:00:00 UTC ]
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John “Jack” Vincent Neal, cofounder of Neal-Schuman Publishers and the Neal-Schuman Foundation died on February 20. He was 77. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-02-26 00:00:00 UTC ]
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Penguin Random House's longtime art director John Hamilton has died aged 55, the publisher has confirmed, with chief executive Tom Weldon paying tribute to his "incredible spirit" which "helped define" PRH. Continue reading at The Bookseller
[ The Bookseller | 2019-02-12 00:00:00 UTC ]
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John Haynes, the founder director of car manual publisher the Haynes Group has died, aged 80, after a short illness. Continue reading at The Bookseller
[ The Bookseller | 2019-02-12 00:00:00 UTC ]
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John Murray has acquired the new "delightfully mind-bending'" book from bestselling author and cartoonist Randall Munroe. Continue reading at The Bookseller
[ The Bookseller | 2019-02-07 00:00:00 UTC ]
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The newspaper publisher’s board said the $1.3 billion offer “is not in the best interests of Gannett and its shareholders.” But the fight for control is likely to go on. Continue reading at The New York Times
[ The New York Times | 2019-02-05 00:00:00 UTC ]
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The owner of Canadian music business Sunrise Records, Doug Putman, is in rescue bid talks for HMV. Continue reading at The Bookseller
[ The Bookseller | 2019-02-05 00:00:00 UTC ]
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The American Library Assn. announced the winners of its annual children's awards on Monday, with Meg Medina's middle-grade novel "Merci Suárez Changes Gears" taking home the group's prestigious John Newbery Medal for the most outstanding contribution to children's literature. Medina's novel,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-01-31 00:00:00 UTC ]
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John Coughlin, a two-time U.S. pairs champion recently suspended from figure skating, died by suicide in Kansas City, Mo., on Friday. He was 33. U.S. Figure Skating released a statement Saturday citing a Facebook post by Coughlin’s sister, Angela Laune, in which she said her “wonderful, strong,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-01-20 00:00:00 UTC ]
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Unsolicited buyout bid puts 23% premium on shares of newspaper publisher Gannett Continue reading at MarketWatch.com
[ MarketWatch.com | 2019-01-14 00:00:00 UTC ]
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Illustrator Helen Oxenbury has paid tribute to her husband John Burningham, who died last week. Continue reading at The Bookseller
[ The Bookseller | 2019-01-10 00:00:00 UTC ]
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John Burningham, the picture book author and illustrator whose books included Would You Rather and Mr Gumpy’s Motor Car, has died aged 82. Continue reading at The Bookseller
[ The Bookseller | 2019-01-08 00:00:00 UTC ]
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Burningham, who was married to fellow children’s writer Helen Oxenbury, created beloved picture books including Mr Gumpy’s Outing and Avocado BabyJohn Burningham, the children’s author and illustrator behind some of the 20th century’s most enduring children’s books, has died at the age of 82.The... Continue reading at The Guardian
[ The Guardian | 2019-01-07 00:00:00 UTC ]
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Despite employing a small army of contractors to monitor posts, it’s clear the company is no longer fit for purposeWay back in the 1950s, a pioneering British cybernetician, W Ross Ashby, proposed a fundamental law of dynamic systems. In his book An Introduction to Cybernetics, he formulated his... Continue reading at The Guardian
[ The Guardian | 2019-01-06 00:00:00 UTC ]
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