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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iBooks Bestsellers: John Grisham's Reign Continues

'Rogue Lawyer' by John Grisham took the top spot once again on the iBooks bestsellers chart, and just released on October 27, Patricia Cornwell’s 'Depraved Heart' came in at #4. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-04 00:00:00 UTC ]
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Bidding Frenzy Erupts for Princeton U Press Backlist Title

Princeton University Press is breaking foreign sales records with its 2013 book 'The Great Escape,' after author Angus Deaton was named a Nobel Prize winner in economics last month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-02 00:00:00 UTC ]
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Publishing's grails and our unholy searches: Emma Barnes

'Tis but a scratch, of course. Still, writes Bibliolcloud and Snowbooks' Emma Barnes, certain problems in publishing begin to appear Grail-shaped to us. She's talking about such issues as accurate sales forecasting, reconciling statutory and management accounts, and knowing how profitable... Continue reading at The Bookseller

[ The Bookseller | 2015-10-28 00:00:00 UTC ]
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German literary thriller to John Murray

John Murray editorial director Mark Richards bought world English rights to Orient by Stephan Abarbanell, a literary thriller published last month in Germany by Blessing Verlag. US rights were sold in a pre-empt at the Frankfurt Book Fair to Claire Wachtel at Harper. Richards bought world... Continue reading at The Bookseller

[ The Bookseller | 2015-10-22 00:00:00 UTC ]
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At Frankfurt: AmazonCrossing's new $10 million translation bid

Meet Sarah Jane Gunter today, Wednesday, 3 p.m. Frankfurt Book Fair In a move that answers a constant question both from independent authors and from publishers, AmazonCrossing has announced that it now is accepting submissions.  Continue reading at The Bookseller

[ The Bookseller | 2015-10-14 00:00:00 UTC ]
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My Job In 5: John Chrimes, Freelance ELT writer

Describe your role I create content for English Language Teaching learning materials including course books, apps and online materials. I produce general titles for adults and teenagers to more specialised content for university students for naval officers and sales managers. I mostly write to... Continue reading at The Bookseller

[ The Bookseller | 2015-10-03 00:00:00 UTC ]
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Kissner Elected Chairman of John Wiley

The board of directors of John Wiley & Sons has officially elected Matthew Kissner to succeed Peter Booth Wiley, who first announced he would step down as chairman of the board in December 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-01 00:00:00 UTC ]
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Nexstar Attempts to Disrupt Meredith Deal with Bid for Media General

Proposal outlines a plan to create a ‘pure-play’ broadcast company, without ‘significant exposure to publishing.’ The post Nexstar Attempts to Disrupt Meredith Deal with Bid for Media General appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-09-28 00:00:00 UTC ]
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Dodgers place Enrique Hernandez on DL, call up Austin Barnes

It's official now: Enrique Hernandez will out more than a few days with his strained hamstring. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-09-01 00:00:00 UTC ]
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John Pettigrew: A manifesto for editors

In his call for Your five-minute manifesto for FutureBook, The Bookseller editor Philip Jones wrote that part of the planning of our FutureBook Conference this year (4th December at The Mermaid) is "to take this recent history of the book business and reflect on the job still to do." To that... Continue reading at The Bookseller

[ The Bookseller | 2015-08-21 00:00:00 UTC ]
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Rihanna blasts NBA's Matt Barnes for fueling dating rumors

Rihanna called out NBA star Matt Barnes on Sunday for instigating rumors that they were dating. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-08-18 00:00:00 UTC ]
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Former Clipper Matt Barnes gets shut down by Rihanna on Instagram

In an interview with TMZ on Sunday, Matt Barnes was questioned about his relationship with Rihanna. "Rihanna is my friend right now, so we'll see where it goes," Barnes said. Barnes went on to say that there "possibly" could be a future with her, adding that they're "just past the crush stage."... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-08-18 00:00:00 UTC ]
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Elton John blasts 'boorishly bigoted' Italian mayor for LGBT book ban

Elton John, the singer-songwriter known for his advocacy for gay rights, has strongly criticized Mayor Luigi Brugnaro of Venice, Italy, for banning 49 LGBT-themed children's books from the city's schools. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-08-17 00:00:00 UTC ]
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John Blake to release Cilla Black book

John Blake will publish a book about the late Cilla Black next week. Black, whose real name was Priscilla White, died overnight on Saturday 1st August at her home in Spain after falling over, hitting her head and having a stroke. She was 72. On Monday 10th August John Blake will publish... Continue reading at The Bookseller

[ The Bookseller | 2015-08-06 00:00:00 UTC ]
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Grizzlies' Matt Barnes tells his kids the Clippers are now his enemies on the court

Over the past several years, the Clippers and the Memphis Grizzlies have become rivals, their games filled with tough, physical, chippy play. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-07-29 00:00:00 UTC ]
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Illumination as Innovation: The New Saint John’s Bible

When it comes to print books, sometimes innovation means returning to ancient methodologies. To wit: the creation of the new, Illuminated St. John's Bible. The post Illumination as Innovation: The New Saint John’s Bible appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-27 00:00:00 UTC ]
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Bodley Head buys book by John Murray's Philipps

The Bodley Head has acquired a biography of spy Donald Maclean, written by John Murray publisher Roland Philipps. Publishing director Stuart Williams bought UK and Commonwealth rights, excluding Canada, to A Spy Named Orphan: The Lives of Donald Maclean, from Natasha Fairweather at United... Continue reading at The Bookseller

[ The Bookseller | 2015-07-24 00:00:00 UTC ]
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Emma Barnes: Menial publishing jobs are destroying our future

"Why are we still getting humans to do the work of computers?" Regular FutureBook contributor Emma Barnes of Bibliocloud and Snowbooks sees paperclip-and-pencil jobs in publishing as where industry newcomers get off on the wrong foot. And she follows the meager money upstairs to find little... Continue reading at The Bookseller

[ The Bookseller | 2015-07-21 00:00:00 UTC ]
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ALA Questions Bid for Independent Copyright Office

ALA joins a chorus of Internet and tech businesses in questioning a proposal to establish the U.S. Copyright office as its own independent agency. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-15 00:00:00 UTC ]
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What’s Next for Scholarly Publishing? PW talks with John J. Regazzi

The former Elsevier CEO is the author of a new book, Scholarly Communications: A History from Content as King to Content as Kingmaker Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-12 00:00:00 UTC ]
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