Mike Luckwell buys struggling title from Jon Moulton's private equity company, Better Capital, with plan to target over-50sReader's Digest has been sold for just £1 to Mike Luckwell, whose previous major investments have included Bob the Builder creator HIT Entertainment and WPP.Jon Moulton's private equity company, Better Capital, has offloaded Reader's Digest UK – the waiting room staple that was once the biggest selling magazine in the world – after investing tens of millions of pounds into trying to rejuvenate the struggling business.Luckwell, the venture capitalist whose personal fortune is estimated at more than £135m, has acquired the title with the aim of targeting the "frisky over-50s" group that holiday and insurance company Saga has built a successful business on."Saga cleverly focused on holidays and the financial sector for the over-50s, but now has a finger in many pies," Luckwell said. "Today it has annual sales running into hundreds of millions – that merits a bit of competition."Luckwell said the acquisition will provide access to a database of more than 1.5 million names, of which only 9% have recently purchased a Reader's Digest product."There is significant potential to further develop and utilise those large databases," he said.Better Capital took the business out of administration in a £13m management buy-out in April 2010, and has since ploughed a further £23m into the company.The investment failed to fuel a turnaround at the title, which no longer... Continue reading at 'The Guardian'
[ The Guardian | 2014-02-17 00:00:00 UTC ]
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The 39th edition of Sharjah's International Book Fair is underway with controlled crowd density and other coronavirus risk-mitigation measures. The post The UAE’s Physical Sharjah International Book Fair Hosts 1,024 Exhibitors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-11-09 20:27:50 UTC ]
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Debut author of Yinka Where is Your Huzband, Lizzie Damilola Blackburn, and her editor Katy Loftus at Penguin, dish the dirt on the reality behind the dream of being published. THE AUTHOR: LIZZIE DAMILOLA BLACKBURN Continue reading at The Bookseller
[ The Bookseller | 2020-11-05 21:40:55 UTC ]
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Our commenters had some thoughtful responses to a story about novels that ended in disappointing ways. Continue reading at The Washington Post
[ The Washington Post | 2020-10-24 12:00:00 UTC ]
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'Dune', Frank Herbert’s 1965 global bestseller and landmark epic science-fiction novel, has been adapted into a graphic novel. In this nine-page excerpt, the novel’s key character Paul Atreides and his family members prepare to travel to, and take control of, the planet Arrakis, the only source... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-21 04:00:00 UTC ]
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As in life, saying goodbye is not easy for storytellers. Parting can be such sweet sorrow or such putrid disappointment. Continue reading at The Washington Post
[ The Washington Post | 2020-10-19 12:00:00 UTC ]
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What do actual readers think about the books which land on the New York Times Bestseller List? A new study finds out. Continue reading at Book Riot
[ Book Riot | 2020-10-09 10:33:00 UTC ]
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The King of Prussia, Penn.–based health and medical content distributor was bought by private investors Kevin Ream and Jeff Villwock. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-07 04:00:00 UTC ]
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Brit Bennett, Dara McAnulty, Kiley Reid and Rutger Bregman are among the authors shortlisted by booksellers for this year's Books Are My Bag Readers Awards. Continue reading at The Bookseller
[ The Bookseller | 2020-09-30 00:27:03 UTC ]
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IN HONOR of Banned Books Week, LARB’s editors have compiled a brief anthology of essays on works of literature that were — and, in some cases, still are — officially unavailable to large groups of readers around the world, as well as interviews with authors who have faced censorship. In this... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2020-09-27 12:30:06 UTC ]
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If you’re ready for your early readers and middle schoolers to explore manga, this is our list of the best manga for kids to get started, including Children of the Sea by Daisuke Igarashi. Continue reading at Book Riot
[ Book Riot | 2020-09-25 10:36:00 UTC ]
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Two years into its work, the book program for children devised by the United Nations and IPA gets a lusophone wing. The post SDG Book Club for Young Readers: A Portuguese-Language Expansion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-09-23 13:02:41 UTC ]
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A year after the RELX Group (formerly Reed Elsevier) wrestled away the crown of the world’s largest publisher from longtime leader Pearson, the STM, business, and legal publisher stayed #1 with revenue in 2019 of $5.64 billion, about a 7% increase from 2018. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-18 04:00:00 UTC ]
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In his latest book, The Wim Hof Method, the extreme athlete aims to change the way people perceive consciousness and human potential. (Sponsored) Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-14 04:00:00 UTC ]
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Do you join book clubs only to find you're unable to get into the activity? Here's one reader on how distraction thwarts book club attempts. Continue reading at Book Riot
[ Book Riot | 2020-09-02 10:34:00 UTC ]
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Puffin will publish a new animal detective series from Megan Rix for readers aged six plus. Continue reading at The Bookseller
[ The Bookseller | 2020-09-02 09:37:50 UTC ]
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We have a vague idea, and a great deal of received wisdom, but, notoriously, we’ve found it challenging to answer some of the simplest questions. Continue reading at The Bookseller
[ The Bookseller | 2020-08-24 18:03:10 UTC ]
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Welbeck Children’s has scooped Be More Vegan by food blogger, chef and author Niki Webster – a "young person’s guide to being more plant-based". Continue reading at The Bookseller
[ The Bookseller | 2020-08-23 20:03:38 UTC ]
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E-commerce firm Monwell has launched the Mail Bookshop with Associated Newspapers, the publisher of the Daily Mail and the Mail on Sunday. Continue reading at The Bookseller
[ The Bookseller | 2020-08-19 17:01:04 UTC ]
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Chris Bohjalian, Mary Kay Andrews and other novelists have turned to Zoom and Facebook Live to find their audience. Continue reading at The Washington Post
[ The Washington Post | 2020-08-19 12:00:00 UTC ]
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Rebecca Watson’s debut novel has a simple story line and an experimental approach. Continue reading at The Washington Post
[ The Washington Post | 2020-08-18 07:39:15 UTC ]
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