Microsoft Invests $300 Million in Upcoming Barnes & Noble Subsidiary

After announcing plans to possibly spin off its NOOK business in January, Barnes & Noble enters into a partnership with Microsoft. The tech company invested $300 million in the new subsidiary (currently under the working title NewCo), a post-money valuation of $1.7 billion, equating to a 17.6 percent equity stake. Barnes & Noble retains an 82.4 percent ownership of the new subsidiary. Continue reading at 'Folio Magazine'

[ Folio Magazine | 2012-05-01 00:00:00 UTC ]
News tagged with: #announcing plans #nook business

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B&N Reworks Microsoft Deal Making Nook Split Likely

A little more than two years after Barnes & Noble reached an agreement with Microsoft that created Nook Media, the two companies have terminated the original deal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-04 00:00:00 UTC ]
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Harper’s Invests in Book Culture

John “Rick” MacArthur is the minority partner in the third Book Culture to open in New York City at 450 Columbia Avenue, the former site of Endicott Booksellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book culture


Sales Rose 1% at Books-A-Million

Revenue at Books-A-Million rose 1.3%, to $101.2 million, compared to the third quarter last year, while the net loss stayed at $6.9 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-25 00:00:00 UTC ]
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Apple's $450 million ebooks settlement gets final approval

A federal judge in New York has given final approval to a settlement in which Apple will pay $450 million for its role in a conspiracy to fix prices for ebooks. Judge Denise Cote of the U.S. District Court in Manhattan called the settlement “fair and reasonable.” It requires Apple to pay $400... Continue reading at PC World

[ PC World | 2014-11-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #federal judge #fix prices #district court #$50 million #ebook purchasers #$20 million #ebook buyers


Hanley Wood Sells Exhibitions Business for $375 Million

  Hanley Wood has agreed to sell its exhibition businesses to Informa, a U.K.-based publishing and events company, for $375 million. The sale is expected to close by the end of 2014. Continue reading at Folio Magazine

[ Folio Magazine | 2014-11-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hanley wood


Time Inc. Locks in Outbrain's Headline Recommendations in $100 Million Deal

Time Inc., the nation's largest magazine publisher, has struck a deal making Outbrain the exclusive external provider of recommended stories for Time Inc.'s websites, including Time.com and People.com. Until now, Time Inc. had worked with a mix of the companies whose ubiquitous... Continue reading at Advertising Age

[ Advertising Age | 2014-11-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$100 million #including cnn #drive traffic #senior vp #ad sales #announce tuesday


Why is Sharjah Investing So Much its Book Fair?

The Sharjah Book Fair may seem to indulge foreign visitors with excessive perks, but it's all for the good and growth of the Emirate. The post Why is Sharjah Investing So Much its Book Fair? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-11-12 00:00:00 UTC ]
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Open Road Dodges $1 Million Bullet in Copyright Case

Judge Naomi Reice Buchwald has denied HarperCollins’ bid to recover more than $1 million in attorney fees from Open Road in its infringement case over an ebook edition of Jean Craighead George's 'Julie of the Wolves.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #copyright case #$1 million #open road #ebook edition


Bertelsmann invests in India e-learning company

Bertelsmann has continued its rapid education expansion with a direct investment in iNurture Education Solutions, a provider of higher education services in India. Shobhna Mohn, executive vice president of emerging markets at Bertelsmann, said the investment addressed two of the company's... Continue reading at The Bookseller

[ The Bookseller | 2014-10-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bertelsmann invests #emerging markets


McEwan and Barnes in character charity auction

Seventeen authors—including Ian McEwan, Julian Barnes (pictured), Zadie Smith and Hanif Kureishi—are auctioning off the chance for readers to have a character named after them in a forthcoming published work.  The venture will raise money for Freedom from Torture, a medical charity which... Continue reading at The Bookseller

[ The Bookseller | 2014-10-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #zadie smith #character named #raise money


Upcoming Comics Events: 10/20–10/26

'Seth's Dominion' Screening in Montréal, Canada; An Evening with Marjane Satrapi in Columbus, OH; Locust Moon Comics Festival in Philadelphia, PA Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-20 00:00:00 UTC ]
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Investing Outside the Box: The Daily Meal’s Test Kitchen

  While many publishers are weighing new technology investment priorities like ad platforms, video production or content management systems, Spanfeller Media Group's The Daily Meal has focused its attention on building a kitchen. Continue reading at Folio Magazine

[ Folio Magazine | 2014-10-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #test kitchen #daily meal #ad platforms #video production


Upcoming Comics Events: 10/13–10/19

Cory Doctorow and Jen Wang in Los Angeles, CA; Nick Dragotta in Santa Clara, CA; The Lakes International Comic Art Festival in Kendal, Cumbria, UK; F.A.C.T.S. convention in Ghent, Belgium Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-13 00:00:00 UTC ]
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Now You Can Get In on the Facebook Ad Network That Made Millions for the Kardashian Game

Facebook is taking the wraps off its mobile ad network after saying the early results helped lead to big gains for apps like Shazam and game makers like Glu Mobile, the developer behind Kim Kardashian: Hollywood. The company said today that the Facebook Audience Network is now open to all... Continue reading at AdWeek

[ AdWeek | 2014-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad revenue #in-app purchases #mobile advertising #ad server #drive traffic #mobile website


Upcoming Comics Events: 10/6–10/12

'Gotham Academy' Signing in Syracuse, NY; New York Comic Con in New York, NY; Takeshi Obata in New York, NY; Hyderabad Comic Con in Hyderabad, India Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-06 00:00:00 UTC ]
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Three Million First Printing for Riordan's Finale

Disney announced a three million copy first print run for 'The Blood of Olympus' by Rick Riordan, the fifth and final installment in the author's Heroes of Olympus series. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rick riordan #olympus series #print run #final installment


Upcoming Comics Events: 9/29–10/5

Michael DeForge, Patrick Kyle, and Simon Hanselmann in Minneapolis, MN; New York Super Week in New York, NY; Alternate Press Expo in San Francisco, CA; Massachusetts Independent Comics Expo in Cambridge, MA Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-29 00:00:00 UTC ]
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Lena Dunham's upcoming memoir: What are reviews saying?

Dunham's book 'Not That Kind of Girl' is being praised for its voice and humor, though some critics note her show 'Girls' isn't mentioned much. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-09-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lena dunham #upcoming memoir #critics note


Millennial Media Buys Nexage for $107 Million

Millennial Media has acquired mobile ad exchange Nexage for $107.5 million in cash and stock to boost its programmatic offerings. Under the deal, Nexage’s real-time bidding tools and mobile Web and app inventory across publishers will be used to build out Millennial’s automated media buying and... Continue reading at AdWeek

[ AdWeek | 2014-09-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #key reasons #big brands #mobile devices


Upcoming Comics Events: 9/22–9/28

Charles Burns and Michael Cho Signing in Cambridge, MA; 'From Here to Here' Exhibition Opening in New York, NY; Lucy Knisely Signing in Chicago, IL; Long Beach Comic Con in Long Beach, CA. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #charles burns #exhibition opening #long beach