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 ]
News tagged with:
#late 1980s
#biggest shareholder
#early 1960s
#global circulation
E.L. James's latest Fifty Shades novel, 'Darker,' stays #1 on the iBooks Bestseller list this week, followed by thrillers from David Baldacci and Dan Brown. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-12-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ibooks bestsellers
#stays #1
#david baldacci
#dan brown
Publishers can't afford to be complacent if they are to help authors get more of their books into the hands of readers, agreed a panel of industry voices on how to navigate a "distracted world". Continue reading at The Bookseller
[ The Bookseller | 2017-12-02 00:00:00 UTC ]
More news stories like this |
Among the headlines this week: The results of a ReadersFirst E-book survey; The fate of net neutrality; And NYPL's first public meeting on the ambitious $317 million renovation of its main library. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-12-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#net neutrality
#public meeting
Scottish independent publisher Findhorn Press has been acquired by US mind-body-spirit publisher Inner Traditions, also known as Bear & Co. Continue reading at The Bookseller
[ The Bookseller | 2017-11-30 00:00:00 UTC ]
More news stories like this |
Dec. 1 Alien Invasion: S.U.M.1 Science fiction. Written and directed by Christian Pasquariello. Another WolfCop Horror comedy. With Leo Fafard. Written and directed by Lowell Dean. Apache Warrior Military documentary on U.S. Army helicopter crews in action. Directed by David Salzberg, Christian... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#movie openings
The 25 year-old nonprofit has engendered the distribution of more than 170 million free and affordable low-cost books and educational materials to educators and community leaders since 1992. It's just getting started. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-24 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#metro spotlight
#young readers
#educational materials
Former junior doctor Adam Kay's memoir This is Going to Hurt (Picador) has been named the winner of the Books Are My Bag Readers' Choice Award, as chosen by the public. Continue reading at The Bookseller
[ The Bookseller | 2017-11-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#choice award
#hurt picador
#bag readers
Lee Child is on top of the iBooks Bestsellers list this week with 'The Midnight Line,' his latest Jack Reacher novel. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#midnight line
#ibooks bestsellers
#lee child
The writer and editor promoted Joseph Conrad and DH Lawrence and deserves recognition as a great literary tastemakerThe first question worth asking of Helen Smith’s A-grade biography of Edward Garnett (1868‑1937) is just how many manuscripts passed across the desk of this publishers’ reader in... Continue reading at The Guardian
[ The Guardian | 2017-11-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#famous names
At outlets that report to NPD BookScan, unit sales of print books were 1% higher in the week ended Nov. 5, 2017, than in the comparable week in 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-11-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#print books
#1% higher
Simon & Schuster's worldwide sales grew 1% in the third quarter, up from $226m to $228m (£175m). Continue reading at The Bookseller
[ The Bookseller | 2017-11-04 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#1% rise
#simon schuster
Publishers and booksellers are preparing to give readers a welcome fright this Halloween with a range of spooky special promotions, activities and events, with one independent publisher crowdfunding for an entire new horror imprint. Continue reading at The Bookseller
[ The Bookseller | 2017-10-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#give readers
In spite of mostly tepid reviews, Dan Brown's latest Robert Langdon novel, 'Origin,' stays on top of the iBooks list this week. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ibooks bestsellers
#dan brown
#ibooks list
The sun had started to set on Dodger Stadium as the trio left the bullpen, yet the 103-degree heat still clung to Chavez Ravine like a cloak. Clayton Kershaw walked shoulder to shoulder through the swelter with pitching coach Rick Honeycutt and catcher Austin Barnes. An ovation greeted the... Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#clayton kershaw
#dodger stadium
You should not use the word love lightly. Love, about a person, means that every inch of them delights you, even the parts that also cause you pain or terror. It means you care about their flourishing; their way of seeing is dear to you; you want to stroke their hair and serve them cocoa; their... Continue reading at Slate
[ Slate | 2017-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#philip pullman
#english literature
#series set
#dark materials
A report from the Italian Publishers Association names low readership as its 'problem of problems' and vows to address the country's shrinking readership. The post Italian Publishers’ Report at Frankfurt Book Fair: Focus on Readers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-10-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#readers appeared
#italian publishers
Dan Brown has returned with his latest Robert Langdon title, 'Origin'—and with it, Brown returns to the top of the iBooks bestseller list, knocking Nelson DeMille's 'The Cuban Affair' out of the #1 slot. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#dan brown
#ibooks bestsellers
#cuban affair
##1 slot
While you can read ebooks on Android tablets and iPad devices, you really shouldn't. These screens can strain your eyes, causing discomfort and creating a negative experience. Not to mention, if you tend to read outdoors, the glare can be unbearable. Instead, an e-ink reader is the best option.... Continue reading at Betanews
[ Betanews | 2017-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ipad devices
#read outdoors
#e-ink reader
#great job
#kindle devices
#virtual bookstore
Dan Brown’s Origin (Bantam) has cracked the code to the UK Official Top 50 number one spot, selling 100,095 copies for £1m according to Nielsen BookScan’s Total Consumer Market. Continue reading at The Bookseller
[ The Bookseller | 2017-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#origin bantam
#dan brown
#nielsen bookscan
Max Lucado is #1 on our Religion Nonfiction Bestsellers list with his treatment of anxiety in ‘Anxious for Nothing’. Plus, Jonathan Cahn landed on both the Religion Nonfiction and Religion Fiction lists following the release of ‘The Paradigm.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#max lucado
#religion nonfiction