Pearson invests in Nook tablets

UK publisher Pearson says it will invest in the Nook series of e-readers and tablets, buying a 5% stake in the business for $89.5m (£55.5m). Continue reading at 'BBC News'

[ BBC News | 2012-12-28 00:00:00 UTC ]
News tagged with: #nook tablets #pearson invests #5% stake

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Media report: Amazon plans to invest in Rackspace

San Antonio-based cloud services company Rackspace Technology Inc. could get investment from Seattle-based tech giant Amazon.com Inc., according to a Reuters report citing an anonymous source close to the deal. Amazon (Nasdaq: AMZN) would acquire a minority stake in Rackspace (Nasdaq: RXT) in... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-08-17 16:02:51 UTC ]
More news stories like this | News stories tagged with: #amazon plans #minority stake #apollo global management llc

Pearson reports first-half revenue drop of 17%

Pearson has reported revenue fell 17% in the first half of 2020 as the result of “significant disruption” caused by Covid-19. However, the company has said “things are improving”, citing better sales in June. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 08:05:58 UTC ]
More news stories like this | News stories tagged with: #pearson

Toronto's Pearson airport cuts 1/4 of staff due to reduced travel demand amid COVID-19 pandemic

The biggest airport in Canada is eliminating 500 jobs because of the dramatic reduction in demand for air travel due to COVID-19. Continue reading at CBC

[ CBC | 2020-07-14 14:02:27 UTC ]
More news stories like this | News stories tagged with: #dramatic reduction #pearson

'Invest money in podcasts to reap greatest benefits,' publishers told

Publishers have been urged to put their money where their mics are when it comes to podcasting, to reap the most benefits. Continue reading at The Bookseller

[ The Bookseller | 2020-07-08 19:05:22 UTC ]
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Andrew Scheer spotted without a mask at Toronto's Pearson Airport

Conservative Leader Andrew Scheer was seen at a departure gate at Toronto’s Pearson Airport today without a mask on — an apparent contravention of the rules that apply to travellers passing through the terminal. Continue reading at CBC

[ CBC | 2020-07-07 20:47:39 UTC ]
More news stories like this | News stories tagged with: #pearson airport #pearson

Investment Firm Bids to Nominate Directors to B&NE Board

Barnes & Noble Education said it was surprised to learn that Outerbridge Capital, which owns 13.5% of the company, plans to nominate four of its own candidates to run for B&NE's board of directors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-30 04:00:00 UTC ]
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Independent bookstore owner invests in online bookstore famous for destroying independent bookstores.

Nancy Bass Wyden, owner of New York City’s Strand Bookstore—one of the largest independent bookstores in the country—purchased stock in Amazon three times between April 6 and May 1, totaling somewhere between $115,000 and $250,000, according to Barron’s. If you’ll recall this was a time period... Continue reading at Literrary Hub

[ Literrary Hub | 2020-06-05 16:29:38 UTC ]
More news stories like this | News stories tagged with: #ll recall #time period #bookstore

Macmillan Children's hires Pearson and Timms as publishing directors

Macmillan Children’s Books has appointed Egmont's Nicole Pearson and Little Tiger's Barry Timms to new publishing director roles in its expanding Preschool, Brands and Classics division. Continue reading at The Bookseller

[ The Bookseller | 2020-05-05 14:15:14 UTC ]
More news stories like this | News stories tagged with: #macmillan children #publishing directors #publishing director #macmillan #pearson

Pearson down 5% in first quarter amid Covid-19 disruption

Pearson has reported it will pay its final dividend for 2019 to investors and is not furloughing any staff, despite a 5% fall in global revenues for the first quarter as a result of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 16:58:47 UTC ]
More news stories like this | News stories tagged with: #5% fall #global revenues #pearson

A newly discovered portrait of Mary Pearson reminds us that the Austens were total jerks about her.

Long before Tinder, there was Jane Austen, warning your dates and their families that you looked nothing like your picture: in this instance, her subject was Mary Pearson, a portrait of whom has recently been discovered and acquired by Jane Austen’s House museum. Pearson, who likely inspired... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-07 15:55:45 UTC ]
More news stories like this | News stories tagged with: #jane austen #pearson

Pearson warns Covid-19 will hit profits and pauses share buyback

Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-22 23:25:19 UTC ]
More news stories like this | News stories tagged with: #pearson

Meredith Continues to Invest in Print With Latest Food & Wine Upgrade

As many magazine publishers continue to look for ways to cut costs by scaling back frequency, thinning their books, and reducing their overall quality, Meredith isn't convinced that's the only way forward. Food & Wine, a brand the company took over when it acquired Time Inc. in 2018, is the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-12 14:16:40 UTC ]
More news stories like this | News stories tagged with: #magazine division #revenue growth #concerted effort #readers wanted #recent months #short answer

AAP's future in doubt as Nine and News Corp reconsider investment

Australian Associated Press board to discuss future of wire service, which is 45% owned by News CorpNews agency Australian Associated Press, whose 180 journalists provide much of the nation’s daily news and photos, is facing an uncertain future as major shareholders Nine Entertainment and News... Continue reading at The Guardian

[ The Guardian | 2020-03-02 01:40:44 UTC ]
More news stories like this | News stories tagged with: #uncertain future #daily news #major shareholders #independent entity #media organisations #content produced #news corp

AT&T boosts spending on R&D after four years of declines amid Time Warner buy, investments

AT&T Inc. managed something it hasn’t since 2014: An increase in spending on research and development. The Dallas telecommunications and now media company increased in investment in R&D last year by about $80 million to $1.28 billion, an increase of about 7 percent, it said in its... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-25 16:16:46 UTC ]
More news stories like this | News stories tagged with: #$80 million #exchange commission #time warner

AT&T boosts spending on R&D after four years of declines amid Time Warner buy, investments

AT&T Inc. managed something it hasn’t since 2014: An increase in spending on research and development. The Dallas telecommunications and now media company increased in investment in R&D last year by about $80 million to $1.28 billion, an increase of about 7 percent, it said in its... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-02-24 22:58:29 UTC ]
More news stories like this | News stories tagged with: #time warner

Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #pearson #penguin random house

Pearson forecasts lower 2020 profits

Pearson has has said it expects profit to fall in 2020, in its latest annual report. Continue reading at The Bookseller

[ The Bookseller | 2020-02-20 19:43:44 UTC ]
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'Hillbilly Elegy' author launches VC fund to invest in Triangle startups

Investor J.D. Vance, author of the bestselling memoir “Hillbilly Elegy,” has launched a venture capital firm based in Cincinnati, according to multiple media reports. The Ohio native’s firm, Narya Capital, will invest in startups in the Raleigh, Durham and cities such as Salt Lake City,... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-01-10 12:20:00 UTC ]
More news stories like this | News stories tagged with: #hillbilly elegy #marc andreessen #eric schmidt #memoir

Rakuten OverDrive in buyout deal with KKR investment firm

Investment firm KKR has signed a deal to buy digital reading platform OverDrive from Rakuten for an undisclosed sum. Continue reading at The Bookseller

[ The Bookseller | 2019-12-26 15:47:15 UTC ]
More news stories like this | News stories tagged with: #rakuten overdrive

£3m investment will improve 'clunky' system, says head of Essex libraries

The head of Essex's libraries has branded the county's current library IT system "clunky and out of date", as she hails the opportunity to invest in the service. Continue reading at The Bookseller

[ The Bookseller | 2019-12-23 00:45:10 UTC ]
More news stories like this | News stories tagged with: #essex libraries #libraries