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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Amazon said sales during its first ever Prime Day broke global records, receiving 398 orders per second across Prime-eligible countries. Sales on 15th July or Prime Day – when the retailer offered heavy discounts to encourage shoppers to sign up to Amazon Prime membership – were 18% higher... Continue reading at The Bookseller
[ The Bookseller | 2015-07-18 00:00:00 UTC ]
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Resources to be redirected to faster-moving digital and daily products. The post National Journal Magazine to Cease Publication By Year’s End appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-07-17 00:00:00 UTC ]
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E-book sales in the adult and children's/young adult categories fell a combined 8.1% in the first quarter of 2015 compared to the first period of 2014, according to AAP's StatShot program, Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-07-16 00:00:00 UTC ]
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Harper Lee’s Go Set a Watchman (William Heinemann) racked up first-day sales in the UK of over 105,000 copies, across print and digital editions, according to publisher Penguin Random House. Meanwhile Waterstones' own sales for the title are approaching 30,000, m.d. James Daunt told The... Continue reading at The Bookseller
[ The Bookseller | 2015-07-16 00:00:00 UTC ]
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Harper Lee’s ‘parent novel’ to To Kill a Mockingbird sets tills ringing despite ambivalent receptionDespite the widespread doubts over the decision to publish Go Set A Watchman, and despite the cries of horror that went up around the world over the weekend as readers discovered that the godlike... Continue reading at The Guardian
[ The Guardian | 2015-07-15 00:00:00 UTC ]
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Bookstore sales rose by just less than 1% in May compared to May 2014, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-07-15 00:00:00 UTC ]
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In the past year Kevin Gentzel has gone from newspapers to digital media and back again.After hopping from The Washington Post to Yahoo last year, Mr. Gentzel has landed at Gannett as the newspaper company's chief revenue officer and will report to the company's president of domestic publishing... Continue reading at Advertising Age
[ Advertising Age | 2015-07-15 00:00:00 UTC ]
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Barnes & Noble and Book-A-Million have both pronounced that 'Go Set a Watchman' had the largest first day sale of any adult fiction book in the history of both retailers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-07-15 00:00:00 UTC ]
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Led by sales of comics, revenue at Diamond Distributors rose 10% in the first half of 2015 over the same period in 2014. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-07-14 00:00:00 UTC ]
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The request makes its way to Vin Scully every now and then, the major league baseball player asking for a moment to meet the greatest broadcaster in baseball history. Giancarlo Stanton asked. Brandon McCarthy asked. Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-07-14 00:00:00 UTC ]
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Paula Hawkins’s novel has now been top of the UK hardback book chart for 20 weeks, outlasting even Dan Brown’s Lost Symbol• How Paula Hawkins wrote ‘the new Gone Girl’A record set six years ago by Dan Brown’s The Lost Symbol was broken this week by Paula Hawkins’s dark thriller The Girl on the... Continue reading at The Guardian
[ The Guardian | 2015-07-08 00:00:00 UTC ]
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After a downturn in fiction sales, Abingdon is closing its fiction program and broadening its Christian Living line. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-07-08 00:00:00 UTC ]
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Profits at Oxford University Press (OUP) were down slightly in the year to the end of March 2015 because of “difficult trading conditions”, the company has said. OUP had a total turnover of £767m in the 12 months to 31st March this year, up from £759m the year before, it revealed in its annual... Continue reading at The Bookseller
[ The Bookseller | 2015-07-04 00:00:00 UTC ]
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Sales of print books for the first six months of 2015 were running just about even with the same period in 2014 at outlets that report to Nielsen BookScan. Units inched up 0.3% in the period, to more than 286 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-07-03 00:00:00 UTC ]
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The Walker Books Group has appointed Lucy Pleydell-Pearce as senior group and intercompany sales manager. She joins Walker from Templar Books, where she was foreign rights manager. Pleydell-Pearce, who will take up the role 6th July, will manage the inter-company sales flow for books... Continue reading at The Bookseller
[ The Bookseller | 2015-07-03 00:00:00 UTC ]
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Barnes & Noble posted net income of $36.6 million in the fiscal year ended May 2, 2015 compared to a loss of $47.3 million in fiscal 2014. The profit improvement came despite a 4.9% decline in total revenue. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-25 00:00:00 UTC ]
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Statistics from the publishers association show that German ebook sales has stabilized, with prices dropping year over year, and print sales are up. The post German Ebook Sales Reaches 4.3% Of Overall Book Market appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-06-25 00:00:00 UTC ]
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Amazon's UK website sales rose by 14% to £5.3bn last year, but the company also paid less in corporation tax and received more handouts in government grants. According to accounts filed in the US, net sales for the UK website were £5.3bn ($8.3bn) to the year ending December 2014, up from... Continue reading at The Bookseller
[ The Bookseller | 2015-06-25 00:00:00 UTC ]
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Cornerstone has claimed that the first day sales of ‘Grey’ have been “record-breaking” for an adult paperback in the industry. The latest edition of E L James’ bestselling series – Grey: Fifty Shades of Grey as Told by Christian went on sale around the world yesterday, just 18 days after the... Continue reading at The Bookseller
[ The Bookseller | 2015-06-20 00:00:00 UTC ]
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Digital Comics marketplace Comixology has renewed its exclusive sales agreement with Marvel Comics, and expanded the deal to include sales via Amazon's Kindle Platform. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-19 00:00:00 UTC ]
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