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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Harassment suit puts book by John Doerr, BetterWorks CEO on hold

A book co-written by John Doerr of Kleiner Perkins Caufield & Byers and BetterWorks Systems Inc. CEO Kris Duggan has been put on hold in the wake of a sexual harassment and assault lawsuit against Duggan. “We and the authors have agreed to defer publication of 'Measure What Matters' at the... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-07-18 00:00:00 UTC ]
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John Higgs | 'It's a book about being delighted to be British'

At a time in which the British psyche is under interrogation - and a united kingdom may itself be under threat - John Higgs' cross-country pilgrimage has a certain resonance... Continue reading at The Bookseller

[ The Bookseller | 2017-07-03 00:00:00 UTC ]
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Ofcom has concerns about Murdoch power in UK if Sky bid allowed

Regulator’s reports conclude Murdochs are ‘fit and proper’ but allegations of harassment at Fox are ‘extremely serious and disturbing’Ofcom has published two in-depth reports on 21st Century Fox’s proposed takeover of Sky which demonstrate why it has concerns about the Murdochs’ influence on UK... Continue reading at The Guardian

[ The Guardian | 2017-06-30 00:00:00 UTC ]
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Bids flow in for Pullman character to be named after Grenfell Tower victim

A campaign to name a character in the second part of Philip Pullman’s The Book of Dust series after one of the Grenfell Tower fire’s young victims has helped raise more than £17,000 in just over 16 hours. Continue reading at The Bookseller

[ The Bookseller | 2017-06-27 00:00:00 UTC ]
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John Green to tackle mental illness in October novel

Six years after his huge hit The Fault in Our Stars, author John Green will bring out a new novel, Turtles All the Way Down, in October. Penguin Random House Children’s UK and PRH imprint Dutton Books in the US will publish the book simultaneously on October 10th, in a global English language... Continue reading at The Bookseller

[ The Bookseller | 2017-06-23 00:00:00 UTC ]
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John Bew wins £3,000 Orwell Prize

Historian John Bew has won the £3,000 Orwell Prize for Books 2017 for his biography of former Labour Prime Minister Clement Attlee, published by riverrun/Quercus. Continue reading at The Bookseller

[ The Bookseller | 2017-06-17 00:00:00 UTC ]
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Kiwi writer Anthony McCarten on Queen, the Popes, John Lennon and Weed

It's been a whirlwind of a time following the success of The Theory of Everything, but Anthony McCarten certainly hasn't been resting on his laurels. The New Zealand-born writer, based in London, has just finished screenwriting a film based on Winston Churchill's life, polished off Bohemian... Continue reading at Stuff

[ Stuff | 2017-06-16 00:00:00 UTC ]
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The 10 Best John Ashbery Poems

Picked by Karin Roffman, author of 'The Songs We Know Best: John Ashbery's Early Life.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-16 00:00:00 UTC ]
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PRH launches 'inclusion tracker' in bid to measure diversity

Penguin Random House UK is launching an "Inclusion Tracker" to measure the diversity of its authors and staff in the pursuit of a new company-wide goal to "reflect UK society by 2025". Continue reading at The Bookseller

[ The Bookseller | 2017-06-13 00:00:00 UTC ]
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John Noakes was your beloved, daredevil uncle – we mourn the loss | Lucy Mangan

For thousands of us of a certain age, the former Blue Peter presenter is that personal connection with a collective past There used to be just three television channels. There used to be a universally recognised teatime – five o’clock. And there used to be John Noakes. Now the last of these... Continue reading at The Guardian

[ The Guardian | 2017-05-29 00:00:00 UTC ]
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Nicky Morgan to write book for John Catt

Former education secretary Nicky Morgan is to write a book for indie John Catt Educational on character education. Continue reading at The Bookseller

[ The Bookseller | 2017-05-27 00:00:00 UTC ]
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Cengage c.f.o. John Leahy to stand down

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[ The Bookseller | 2017-05-24 00:00:00 UTC ]
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Valley signs Chinese authors in bid to raise profile of translation

Scarborough-based indie Valley Press is to publish a seven-book series by "acclaimed" Chinese authors in an attempt to help "raise the profile of translated books in the UK". Continue reading at The Bookseller

[ The Bookseller | 2017-05-24 00:00:00 UTC ]
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NEH Chair Resigns as Trump Renews Bid to Eliminate Arts, Library Funding

The president's latest budget proposal once again seeks to terminate the NEH, NEA, and virtually all federal library funding. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-23 00:00:00 UTC ]
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Obituary: John Davey

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[ The Bookseller | 2017-05-13 00:00:00 UTC ]
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[ The Guardian | 2017-05-07 00:00:00 UTC ]
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MLB notes: Red Sox' Matt Barnes banned for four games

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[ Los Angeles Times | 2017-04-25 00:00:00 UTC ]
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“SNL” And John Oliver Pulled No Punches In Putting Bill O’Reilly On Blast

Bill O’Reilly has just entered the Nose Pin Zone, where advertisers would have to clamp something over their nostrils in order to not smell the toxic publicity coming from his recent sexual harassment lawsuit revelations. It started with a months-in-the-works New York Times article on April 1,... Continue reading at Fast Company

[ Fast Company | 2017-04-10 00:00:00 UTC ]
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John Murray snaps up spy thriller first published as Kindle Single

John Murray publisher Mark Richards has pre-empted a novel about a "psychopathic but glamorous and alluring" Russian assassin, Codename Villanelle, by Luke Jennings. Continue reading at The Bookseller

[ The Bookseller | 2017-04-07 00:00:00 UTC ]
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HarperCollins' Joseph Zigmond moves to John Murray

John Murray has appointed Joseph Zigmond, formerly of HarperCollins imprint William Collins, as senior commissioning editor. Continue reading at The Bookseller

[ The Bookseller | 2017-04-05 00:00:00 UTC ]
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