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
Getting an e-reader can do wonders for bookworms struggling with library management. (Physical space is a finite and precious resource, as we all found out during the pandemic.) You don’t even have to spend that much either, as today’s entry-level options pack a slew of features. Case in... Continue reading at PC World
[ PC World | 2022-09-13 15:01:41 UTC ]
More news stories like this | News stories tagged with:
#front light
#front lights
#battery life
#voracious readers
#signature edition
#audiobook
#kindle
Strand Bookstore is taking the idea of the “status tote” to a whole new level and is now selling a special Bottega Veneta limited edition black tote back for $1,500. I hate it. Yes, we here at Lit Hub are definitely part of the Literary Tote Industrial Complex, which traffics in superficial... Continue reading at Literrary Hub
[ Literrary Hub | 2022-09-13 13:56:21 UTC ]
More news stories like this | News stories tagged with:
#strand bookstore
#lit hub
#bookstore
Today's edition of Daily Deals is sponsored by the audiobook edition of Daisy Darker by Alice Feeney.`the audiobook edition of Daisy Darker by Alice... Continue reading at Book Riot
[ Book Riot | 2022-09-01 14:38:14 UTC ]
More news stories like this | News stories tagged with:
#daily deals
#audiobook edition
#alice feeney
#audiobook
“Somewhere along the line I liberated myself from the idea that I have to finish every book I start, instantly enlarging my exposure to new kinds of books.,” says the author and illustrator, whose latest picture book is “The Pigeon Will Ride the Roller Coaster!” “A book doesn’t have to be to my... Continue reading at The New York Times
[ The New York Times | 2022-09-01 09:00:20 UTC ]
More news stories like this | News stories tagged with:
#book doesn
#mo willems
#roller coaster
#picture book
New retailer partnerships, live events and book clubs are all planned to capitalise on the platform’s vibrant community of literature loversSocial media app TikTok is making increased efforts to tap into the power of its books content, with new retailer partnerships, live events and... Continue reading at The Guardian
[ The Guardian | 2022-08-15 16:03:52 UTC ]
More news stories like this | News stories tagged with:
#live events
#emotional novels
#older titles
#briefly gorgeous
#casey mcquiston
#beach read
#emily henry
#bestseller charts
If you've had your eye on one of Amazon's premium e-readers but haven't yet pulled the trigger, today might be the day to do so. As part of a wide-ranging sale across various own-brand Amazon devices, the Kindle Oasis, Kindle Paperwhite Signature Edition and standard Kindle Paperwhite are all... Continue reading at Engadget
[ Engadget | 2022-08-15 08:46:55 UTC ]
More news stories like this | News stories tagged with:
#kindle oasis
#kindle devices
#kindle paperwhite
#premium e-readers
#good time
#wireless charging
#automatically adjust
#fast charging
#all-time lows
#buying advice
#follow @engadgetdeals
#kindle
The surge of readers has buoyed a part of the digital media world that has gradually declined in recent years. Continue reading at The New York Times
[ The New York Times | 2022-08-14 09:00:18 UTC ]
More news stories like this | News stories tagged with:
#readers flock
#digital media
Ella Risbridger muses on the pain-writing-money trifecta, Nora Ephron’s Heartburn, and memoir as fiction. | Lit Hub Criticism Lulu Miller in praise of “the uncrushable beetle.” | Lit Hub Nature How Kiki de Montparnasse, a muse with a mind of her own, “essentially invented the idea of making an... Continue reading at Literrary Hub
[ Literrary Hub | 2022-08-06 10:30:41 UTC ]
More news stories like this | News stories tagged with:
#nora ephron
#lulu
#memoir
The books we love coming out this week include new titles by Hayley Scrivenor, Joanne Cannon, and Steven W. Thrasher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-29 04:00:00 UTC ]
More news stories like this |
Roving grammarian Ellen Jovin helps settle questions about commas, split infinitives and more in “Rebel With a Clause” Continue reading at The Washington Post
[ The Washington Post | 2022-07-26 12:00:53 UTC ]
More news stories like this |
Sorry to Kindle loyalists: people who read paper books tend to be more advanced readers, according to a recent study of the reading habits of thousands of teens around the world. The study, conducted by the Organization for Economic Cooperation and Development, looked at the way teenagers in 30... Continue reading at Literrary Hub
[ Literrary Hub | 2022-07-25 17:18:30 UTC ]
More news stories like this | News stories tagged with:
#recent study
#reading habits
#economic cooperation
#kindle
In 1904, after the Book Review published an appreciation of Henry James’s “The Turn of the Screw,” its letters page overflowed with ghost-story recommendations. Continue reading at The New York Times
[ The New York Times | 2022-07-22 15:44:31 UTC ]
More news stories like this | News stories tagged with:
#henry james
#book review
'The Last Session' is the story of a delightfully diverse group of close high school friends and RPG gamers as they confront the significance of friendships as they also prepare to finish a longrunning Dice & Deathtraps gaming campaign. An 11-page excerpt. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-20 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#jasmine walls
#11-page excerpt
Amazon’s Kindles are the e-readers most people want. Usually, high demand means higher prices. Yet Amazon is all but giving Kindles away for Prime Day 2022, offering up deals on both basic and bougie models at absurdly low prices, even as “Prime Day” continues on into its second day. (You need... Continue reading at PC World
[ PC World | 2022-07-13 14:58:47 UTC ]
More news stories like this | News stories tagged with:
#shiniest gem
#earned accolades
#blowing past
#solid $10
#absolute steal
#biggest draw
#7-inch display
#adding brightness
#extra inch
#brightness isn
#significantly cheaper
#whopping 32gb
#usual $190
#compelling option
#e-book
#kindle
In July 1933, we reported on Bennett Cerf’s fight to publish Ulysses in the U.S.—11 years after it was released in France. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-01 04:00:00 UTC ]
More news stories like this |
Klein, who previously served as editorial director of Lee & Low, will report to publisher Stacy Lellos. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-13 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#lee low
Driven by an increase in its physical stores, sales at Indigo Books & Music increased 17.4% in the fiscal year ended April 2, 2022, over fiscal 2021, rising to C$1.06 billion. Canada’s largest bookstore chain had an operating profit of C$29 million, compared to a loss of C$31.9 million in... Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#$1 billion
#physical stores
#operating profit
#bookstore chain
Exhibiting publishers from more than 80 nations participated in an Abu Dhabi International Book Fair that staged more than 650 events. The post Abu Dhabi International Book Fair’s Final Exhibitor Tally: 1,130 Publishers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-06-06 21:38:24 UTC ]
More news stories like this |
On June 1, 1940, our correspondent in London reported on the challenges British publishers faced in the early days of World War II. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-06-03 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#early days
We've curated a list of 15 memorable manga titles for middle schoolers. Find favorites for your young readers! Continue reading at Book Riot
[ Book Riot | 2022-05-27 10:36:00 UTC ]
More news stories like this | News stories tagged with:
#ve curated
#middle schoolers
#young readers
#manga