The National Enquirer, the tabloid that billionaire Jeff Bezos accused of extortion earlier this year, is on the block to be sold by parent company American Media Inc. American Media’s board conducted a review of its tabloid business, including the Globe and National Examiner brands, and decided to explore strategic options. That will “likely result in their sale in the near future,” the company said on Wednesday. “We feel the future opportunities with the tabloids can be best exploited by a different ownership,” CEO David Pecker said in a statement. The Enquirer and its owner have come under intense pressure since Bezos made his allegations in a blog post in February. Bezos accused American Media of trying to blackmail him with photos of him with a woman who wasn’t his wife. He also published emails sent to his lawyer, Marty Singer, by American Media executives. The scrutiny extended to American Media’s hedge fund owner, Chatham Asset Management, which was questioned by New Jersey officials over the matter. The Bezos controversy followed a separate flap over the publisher’s ties to President Donald Trump. The company admitted that it worked with the Trump campaign to kill stories about the candidate’s relationships with women. Unloading the Enquirer would shift American Media’s focus toward fitness and lifestyle brands. In recent years, it acquired Us Weekly and Men’s Journal, as well as Bauer Media’s celebrity and teen brands. Bezos, founder and CEO of Amazon,... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-04-11 00:00:00 UTC ]
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Bookstore sales rose 6.9% in October over October 2014, hitting $747 million in the month. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-11 00:00:00 UTC ]
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Since its highly publicized decision to stop selling books through Amazon, sales at EDC have skyrocketed. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-11 00:00:00 UTC ]
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Although retail sales over the Thanksgiving weekend often receive a lot of attention, the fourth quarter as a whole continues to be vital for independent bookstores. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-10 00:00:00 UTC ]
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The publishing world has long seen programmatic as the realm of cheap, unsold inventory with far less revenue potential than what's sold through direct channels. But times are changing. Bauer Xcel Media, the U.S. arm the European magazine company, has shuttered its direct sales team in favor of... Continue reading at Digiday
[ Digiday | 2015-12-10 00:00:00 UTC ]
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Crucial holiday book sales in Germany have been low so far. We’re taking a closer look at Germany’s holiday spending behavior this year. The post Germany: Slow Start to Holiday Book Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-12-10 00:00:00 UTC ]
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The latest from bestselling Amish inspirational romance author Shelley Shepard Gray, Jim Wallis’ take on racism in America, and popular blogger Stephanie Rische’s dating memoir are just a few of the exciting spirituality and religion titles publishing in January. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-09 00:00:00 UTC ]
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Republican presidential candidate Donald Trump has received his share of celebrity endorsements, with stars such as Mike Tyson and Dennis Rodman backing the controversial billionaire. "Harry Potter" author J.K. Rowling, however, is decidedly not a member of Trump's fan club. The Scottish writer... Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-12-09 00:00:00 UTC ]
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Second quarter net income fell 9.5% at Barnes & Noble Education on a 0.6% increase in revenue. Comp sales fell 3.0%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-08 00:00:00 UTC ]
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Due in part to problems with its relaunch in the summer, sales at BN.com fell 22% in the second quarter of fiscal 2016 compared to the same period in fiscal 2015, Barnes & Noble reported. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-07 00:00:00 UTC ]
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The enduring popularity of coloring books for adults and a successful Small Business Saturday got the holiday season off to a strong start for independent booksellers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-04 00:00:00 UTC ]
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London-based digital start-up Lost My Name has said worldwide sales of its personalised picture book have reached 1m copies. Continue reading at The Bookseller
[ The Bookseller | 2015-12-03 00:00:00 UTC ]
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U.K.-based independent publisher I.B. Tauris has struck a deal with 'The Nation' magazine to publish two books next year that examine hot topics tied to the presidential election. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-12-02 00:00:00 UTC ]
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Fact of the day: USC's JuJu Smith-Schuster ranks sixth nationally among receivers, averaging 110 receiving yards per game. He has caught 68 passes, 10 for touchdowns. In The Times: Clay Helton's ability to keep USC on even keel has early beginnings John McKay and Tommy Prothro took USC-UCLA... Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-11-27 00:00:00 UTC ]
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The Arts Council will have its funding protected under the Spending Review, while business rates will be devolved to local councils. Continue reading at The Bookseller
[ The Bookseller | 2015-11-26 00:00:00 UTC ]
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Gardners’ turnover and profit was down last year in a ‘competitive and challenging” market, but international sales at the company performed strongly. Continue reading at The Bookseller
[ The Bookseller | 2015-11-24 00:00:00 UTC ]
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Produced in the form of Japanese comics, the guides appeal to students and teachers looking for a novel approach to learning science, technology and math. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-24 00:00:00 UTC ]
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Led by adult coloring books, third quarter sales at Books-A-Million rose 0.4%, but the loss increased to $7.1 million from $6.9 million in last year's third period. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-24 00:00:00 UTC ]
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China’s book market had a total value of 55bn RMB (£5.7bn) in 2014, with 18% of that (9.9bn RMB, £1.02bn) coming from by children’s book sales, according to Open Book, China’s book sales data company. Continue reading at The Bookseller
[ The Bookseller | 2015-11-20 00:00:00 UTC ]
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This week saw an unexpected new title shoot to the top of the U.K's official book charts: "Mog's Christmas Calamity," by children's author Judith Kerr. Aged 92, Kerr has penned a new book featuring "Mog," a cat beloved to generations of British kids but what's really unusual is that she wrote... Continue reading at Advertising Age
[ Advertising Age | 2015-11-20 00:00:00 UTC ]
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Coates' 'Between the World and Me' and Johnson's 'Fortune Smiles' won the nonfiction and fiction awards, respectively, at this year's National Book Awards. Johnson's work is the second short story collection in two years to win the fiction prize. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-11-20 00:00:00 UTC ]
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