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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Lynne Truss: ‘A bad book review can kill you – look at the case of John Hawkesworth’

The tale of a hubristic Georgian book editor is an early example of trolling, and a lesson for us allThe case of the 18th-century man of letters John Hawkesworth is not often invoked, perhaps because no one has heard of him. Books of notable Georgians in England go straight from Hawke to Haydon.... Continue reading at The Guardian

[ The Guardian | 2017-01-13 00:00:00 UTC ]
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Bad Choices to John Murray

John Murray has acquired Bad Choices from Ali Almossawi, author of Bad Arguments. Continue reading at The Bookseller

[ The Bookseller | 2016-12-15 00:00:00 UTC ]
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Amazon Swings Into Header Bidding With Cloud-Based Service for Publishers

Amazon plans to announce a cloud-based header bidding solution aimed squarely at publishers as early as next week, according to people familiar with the matter.Header bidding has become one of the most important areas of ad tech because it lets publishers take more offers for their ads at once... Continue reading at Advertising Age

[ Advertising Age | 2016-12-02 00:00:00 UTC ]
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Authors join Julian Barnes in condemning US authors' admission to Booker prize

Writers including AS Byatt and Philip Hensher say Commonwealth and British writers face greater struggle to find readers, now ‘dice are loaded’ AS Byatt, Philip Hensher and Susan Hill have joined authors backing Julian Barnes’s call for the Man Booker prize to exclude US writers once again, a... Continue reading at The Guardian

[ The Guardian | 2016-11-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #writers including #authors compete #booker prize #philip hensher #find readers #susan hill #paul beatty #julian barnes


Time Inc. said to spurn takeover bid

Investors Edgar Bronfman Jr. and Ynon Kreiz made a takeover approach for Time Inc. in recent months, but were rebuffed by the iconic magazine publisher, according to a person familiar with the... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2016-11-29 00:00:00 UTC ]
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Julian Barnes: opening up Man Booker to US authors is 'daft'

Julian Barnes has reignited the debate over the Man Booker Prize rule changes, calling the decision to allow American authors to compete "straightforwardly daft". Continue reading at The Bookseller

[ The Bookseller | 2016-11-29 00:00:00 UTC ]
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Nosy Crow publishes Buster's Christmas with John Lewis

Nosy Crow has created a children’s picture book based on this year's John Lewis Christmas advert to be published today (10th November) to coincide with the release of the retailer’s advert. Continue reading at The Bookseller

[ The Bookseller | 2016-11-11 00:00:00 UTC ]
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Tronc Plunges After Gannett Drops Takeover Bid; ADM Gains

Newspaper publisher Tronc plunges after Gannett abandons deal talks; Archer Daniels Midland, Coach gain on earnings beat Continue reading at ABC News

[ ABC News | 2016-11-02 00:00:00 UTC ]
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What Future Publishing has learned from using header bidding

Header bidding is a hot topic in publishing currently having unlocked new ways to bump up programmatic ad yields. Being early into the tech, case studies are still few and far between though magazine publisher Future has made some good headway. The group, which trades 70 percent of its 400... Continue reading at Digiday

[ Digiday | 2016-10-26 00:00:00 UTC ]
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Frankfurt: Emma Barnes Talks Tech Literacy at The Markets

‘If I can do it, anyone can,’ says Bibliocloud c0-founder Emma Barnes, who speaks Tuesday at Frankfurt’s The Markets about publishing’s need to know tech. With just one day to go before Tuesday’s (October 18) The Markets: Global Publishing Summit from Frankfurt Book Fair and Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-10-17 00:00:00 UTC ]
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Elton John will publish 'no-holds-barred' autobiography in 2019

Elton John may soon be trading his piano keyboard for a computer keyboard with news that the legendary recording artist is writing his autobiography for publication in 2019.  Publisher Henry Holt & Co., a division of Macmillan, has acquired the rights to John’s autobiography, according to a... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-10-14 00:00:00 UTC ]
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Elton John memoir and Jim Broadbent comic lead FBF hotlists

A memoir from Elton John and a graphic novel from Oscar-winner Jim Broadbent are among the hottest as-yet-unsigned properties from UK agents heading into the Frankfurt Book Fair. Continue reading at The Bookseller

[ The Bookseller | 2016-10-07 00:00:00 UTC ]
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Barnes Bookshop sold to Venetia Vyvyan

After 10 years of ownership, bookseller Isla Dawes has sold Barnes Bookshop to former director of Heywood Hill Bookshop Venetia Vyvyan for an undisclosed sum. Continue reading at The Bookseller

[ The Bookseller | 2016-10-01 00:00:00 UTC ]
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Facebook’s video metrics screw-up, explained

Facebook miscalculated how it was measuring average watch time on its platform. Agencies claim it’s not affected how they conduct business because they trade based on performance metrics like impressions, 10-second views and completed views -- not average watch time. That said, agencies and... Continue reading at Digiday

[ Digiday | 2016-09-24 00:00:00 UTC ]
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Beware of page latency: The side effects to header bidding

Publishers have latched onto header bidding as a new means of raising digital ad yields, but like any hyped area of digital media, the down sides can take longer to air. Header bidding is making publishers good money in the short term, but the benefits for the long term are more opaque. Here are... Continue reading at Digiday

[ Digiday | 2016-09-20 00:00:00 UTC ]
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Staff Pick: 'So, Anyway...' by John Cleese

Senior reviews editor Peter Cannon recommends 'So, Anyway...' by John Cleese, an autobiography about his childhood, schooling, and early career as a stage performer before the formation of Monty Python’s Flying Circus. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-16 00:00:00 UTC ]
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The Man Booker judges explain their choice

The much-talked about issue of diversity in the selection process for this year's Man Booker Prize was described as "a slightly academic premise" by the prize's literary director during this morning's press conference, as its judges unveiled a shortlist comprising British, American and Canadian... Continue reading at The Bookseller

[ The Bookseller | 2016-09-14 00:00:00 UTC ]
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Jo Malone urges bookshops to 'take risks'

Beauty entrepreneur Jo Malone has urged bookshops to “take risks” in order to prosper in these “strange” times. Continue reading at The Bookseller

[ The Bookseller | 2016-09-14 00:00:00 UTC ]
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John Murray to publish Paula McGrath’s second novel

John Murray is publishing Paula McGrath's second novel, A Difficult History: a book about "running away, growing up and finding out who you are". Continue reading at The Bookseller

[ The Bookseller | 2016-09-10 00:00:00 UTC ]
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John Banville's 'Dublin memoir' coming this autumn

Hachette Books Ireland is publishing Man Booker Prize-winning novelist John Banville's "Dublin memoir", Time Pieces, this autumn. Continue reading at The Bookseller

[ The Bookseller | 2016-09-03 00:00:00 UTC ]
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