John Malone Explains Barnes & Noble Bid

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 & Noble’s Nook e-reader as a possible source of future success, saying that as publishers grow wary of the dominance of Amazon’s Kindle, they’re 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 & Noble’s board in the coming “months, if not weeks.” Continue reading at 'AdWeek'

[ AdWeek | 2011-05-24 00:00:00 UTC ]
News tagged with: #future success #amazons kindle #e-reader platform #third-party devices #existing properties #coming months

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John Grisham's Rooster flies into the chart top spot

John Grisham’s The Rooster Bar (Hodder) has leapfrogged David Walliams and Tony Ross’ The World’s Worst Children 3 (HarperCollins) to claim his second week at the UK Official Top 50 number one spot within a year. Continue reading at The Bookseller

[ The Bookseller | 2018-06-27 00:00:00 UTC ]
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John Murray and Hodder celebrate 400 years of publishing

Four hundred years of publishing history was toasted last night at the combined John Murray 250th and Hodder & Stoughton 150th anniversary party. Continue reading at The Bookseller

[ The Bookseller | 2018-06-22 00:00:00 UTC ]
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John Cena is willing to get surgery if it means giving Nikki Bella a child

President Obama during a news conference in 2012. The former president has shared his recent reading list. Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-06-18 00:00:00 UTC ]
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John Wiley saw 5% revenue jump in 2018

Academic publisher John Wiley has reported an increase in revenue in both its fourth quarter 2018 and whole fiscal year reports, driven by strong operational performance and favourable impacts from foreign currency. Continue reading at The Bookseller

[ The Bookseller | 2018-06-14 00:00:00 UTC ]
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Facebook Audience Network Added Auction Bidding for In-App Ads

Brands can now bid in auctions for in-application advertising on Facebook Audience Network. The social network opened up header bidding via Facebook Audience Network last March, and head of publisher solutions partnerships Vijay Balan said in a blog post that publishers have seen "significant... Continue reading at AdWeek

[ AdWeek | 2018-06-07 00:00:00 UTC ]
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Facebook embraces the mobile app version of header bidding

Facebook, looking to grow its ad business outside its own apps, has struck partnerships that enable it to plug into ad auctions run by ad exchanges like MoPubowned by TwitterFyber and Max. Facebook can now also work directly with publishers like Rovio, Talefun and GameInsight, which manage their... Continue reading at Advertising Age

[ Advertising Age | 2018-06-06 00:00:00 UTC ]
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Romance writer's bid to stop authors from using word 'cocky' fails in court

Self-published author Faleena Hopkins asserted her right to the word, but judge calls attempt to stop other authors using it ‘weak’ Romance writers around the world can breathe a sigh of relief after a US court ruled that they can continue to use the adjective “cocky” in their book titles, after... Continue reading at The Guardian

[ The Guardian | 2018-06-04 00:00:00 UTC ]
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BookExpo 2018: Rep. John Lewis, the Saga Continues

In the March trilogy, Congressman John Lewis, a renowned figure in the history of the civil rights movement and American social justice, and congressional staffer Andrew Aydin, Lewis’s digital director and policy adviser, wrote a graphic memoir about the struggle for racial justice. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-01 00:00:00 UTC ]
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Faber acquires ‘essential’ non-fiction title from John Grindrod

Faber & Faber has acquired an "essential" new non-fiction title from author and senior campaigns manager John Grindrod. Continue reading at The Bookseller

[ The Bookseller | 2018-05-15 00:00:00 UTC ]
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John Mesjak: PW’s Rep of the Year

Consortium Book Sales & Distribution trade sales manager Ruth Berger describes John Mesjak, PW’s 2018 Rep of the Year, as a “book-reading teddy bear who never sleeps." It's high praise—and uncontested at that. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-11 00:00:00 UTC ]
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John Murray acquires Irish reimagining of Homer's Iliad

John Murray is publishing Michael Hughes' "vivid, funny and brutal" reimagining of Homer's Iliad, set at the end of the Troubles in Northern Ireland in the mid-1990s. Continue reading at The Bookseller

[ The Bookseller | 2018-05-03 00:00:00 UTC ]
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Lauren St John | "People don’t choose their destinies"

The author whose love of animals has spawned a series of bestsellers opens a new four-part sleuth series, her first books for Macmillan Children’s. Continue reading at The Bookseller

[ The Bookseller | 2018-04-24 00:00:00 UTC ]
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Facebook finally explains why it bans some content, in 27 pages

Among the most challenging issues for Facebook is its role as the policeman for the free expression of its two billion users. Now the social network is opening up about its decision-making over which posts it decides to take down - and why. On Tuesday the company for the first time published the... Continue reading at Baltimore Sun

[ Baltimore Sun | 2018-04-24 00:00:00 UTC ]
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Dodgers cash in gamble by Austin Barnes

The Dodgers slumbered through half the game, awakening with a bolt of energy that revitalized the fans and players within the grand old ballpark. The Dodgers were three outs from winning a three-game series in which two of the opposing starters were Max Scherzer and Stephen Strasburg. They were... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-04-23 00:00:00 UTC ]
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Stephen Hendry memoir goes to John Blake

John Blake Publishing has acquired snooker player Stephen Hendry's memoir, Me And The Table: My Autobiography. Continue reading at The Bookseller

[ The Bookseller | 2018-03-28 00:00:00 UTC ]
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Booksellers Outraged by Chronicle’s Rollout of John Oliver Book

Chronicle president Tyrrelle Mahoney sent an e-mail to regional indie bookseller association board members apologizing for the rollout of 'A Day in the Life of Marlon Bundo,' which left most indies with no copies of the surprise hit last week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-26 00:00:00 UTC ]
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Walliams, Galbraith and Barnes up for CAMEOs

Fifteen "outstanding" book adaptations from the past year have been named on the shortlists for the Creativity Across Media: Entertainment & Originality Awards (CAMEO). Continue reading at The Bookseller

[ The Bookseller | 2018-03-22 00:00:00 UTC ]
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John Oliver Gave Mike Pence’s Book A Gay Makeover For Charity

And the audio format features guest turns from RuPaul, Jim Parsons, Jesse Tyler Ferguson, and John Lithgow. All sales go to The Trevor Project. What: A Day in the Life of Marlon Bundo, an alternate version of the Pence family children’s book, Marlon Bundo’s Day in the Life of the Vice... Continue reading at Fast Company

[ Fast Company | 2018-03-19 00:00:00 UTC ]
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Marlon Bundo: John Oliver lampoons Mike Pence with LGBT book

Television satirist John Oliver spoofs Vice-President Mike Pence's children's book - by turning the main character gay. Continue reading at BBC News

[ BBC News | 2018-03-19 00:00:00 UTC ]
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