Report: EBay seeking bids for Classifieds Group at activist investors' urging

EBay Inc. is making plans to sell its international classifieds arm, eBay Classifieds Group, the Wall Street Journal reported Friday, citing unnamed sources. According to the Journal, Classifieds could be worth around $10 billion. The private equity firms TPG and Blackstone Group Inc., as well as the Internet conglomerate Naspers Ltd. and the German publishing company Axel Springer SE, have reportedly expressed interest in Classifieds, and eBay has begun contacting other possible buyers. The Journal… Continue reading at 'Silicon Valley Business Journal'

[ Silicon Valley Business Journal | 2020-02-21 21:52:59 UTC ]
News tagged with: #making plans #$10 billion #german publishing

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Nobody Looks Like Me: Seeking Diverse Book Covers

For young people of color, it has been historically difficult to find diverse YA book covers. But now? It's gettting better. Continue reading at Book Riot

[ Book Riot | 2019-11-22 11:40:38 UTC ]
More news stories like this | News stories tagged with: #ya book #diverse book


PA urges political parties to commit to axing 'unfair' reading tax

Trade bodies, including the Publishers Association (PA), have sent a letter to the political parties ahead of the release of their election manifestos calling for them to commit to removing "unfair and illogical" VAT on digital publications. Continue reading at The Bookseller

[ The Bookseller | 2019-11-20 05:24:16 UTC ]
More news stories like this | News stories tagged with: #reading tax #trade bodies #digital publications #publishers association


National Centre for Writing seeks working class writers

The National Centre for Writing in Norwich is relaunching its Escalator Talent Development Scheme, with a special focus this year on writers from working class backgrounds. Continue reading at The Bookseller

[ The Bookseller | 2019-11-15 00:58:56 UTC ]
More news stories like this | News stories tagged with: #national centre


Restructuring at Cengage as company reports 9% first-half revenue fall

Cengage has reported revenue of $693m in the six months to end September 2019, a fall of 9.1% from the first-half in the previous financial year ($762.6m). Continue reading at The Bookseller

[ The Bookseller | 2019-11-14 21:42:50 UTC ]
More news stories like this | News stories tagged with: #reported revenue


Haynes seeks buyer to secure future

Car manual publisher Haynes Publishing Group PLC is seeking a buyer for the company and all its subsidiaries in the interests of "securing a bright, new future for the group". Continue reading at The Bookseller

[ The Bookseller | 2019-11-14 15:18:28 UTC ]
More news stories like this | News stories tagged with: #secure future


US trade urges Daunt to be independent in spirit to revive ailing Barnes & Noble

After Elliott Advisors’ takeover of Barnes & Noble in August, the firm sought the man who turned Waterstones around to right its US acquisition. But what exactly is in James Daunt’s in-tray in New York? Continue reading at The Bookseller

[ The Bookseller | 2019-11-08 05:47:49 UTC ]
More news stories like this | News stories tagged with: #elliott advisors #barnes noble #james daunt


Meet Printers Row Publishing Group

The publishing arm of ReaderLink has enjoyed solid gains over the past four years.that ended this September. Tasker has been with ReaderLink since 2015, when he joined as v-p and publisher of Silver Dolphin Books, and since that time, PRPG has expanded through a series of acquisitions, as well... Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
More news stories like this | News stories tagged with: #organic growth #publishing arm


Bertelsmann 'confident' at nine-month mark as group revenues grow 3.3%

Penguin Random House's parent company Bertelsmann has expressed confidence it will meet its targets for the full year 2019, reporting a boost in group revenues for the first nine months of 3.3%. Continue reading at The Bookseller

[ The Bookseller | 2019-11-08 00:49:57 UTC ]
More news stories like this | News stories tagged with: #nine-month mark #group revenues #bertelsmann


Blackwell's reports third year of growth as sales rise to £58.3m

Blackwell’s has reported a third consecutive year of growth, with sales of £58.3m for the financial period ending 29th June 2019, up from £57m the previous year. Continue reading at The Bookseller

[ The Bookseller | 2019-11-04 03:38:15 UTC ]
More news stories like this | News stories tagged with: #sales rise #consecutive year


LVMH bids for Tiffany and Disney media review causes controversy: Monday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. You can get an audio version of this briefing on your Alexa device; sign up... Continue reading at Advertising Age

[ Advertising Age | 2019-10-28 10:22:02 UTC ]
More news stories like this | News stories tagged with: #happy holidays #adrianne pasquarelli #e-commerce play #revenue stream #i-hsien sherwood #publishing world


OUP lands BBC Sports reporter’s debut children’s novel in two-book deal

Oxford University Press has snapped up the stand-alone debut children’s novel from BBC Sports reporter Joe Wilson. Continue reading at The Bookseller

[ The Bookseller | 2019-10-24 19:41:15 UTC ]
More news stories like this | News stories tagged with: #debut children #oxford university press


Direct Line Group is shifting digital ad spending to targeted TV ads

Insurance group Direct Line dumped a large chunk of its digital media for TV in 2017 and could move even more over. The company is one of the largest TV advertisers in the U.K. As Direct Line upped its spending on TV, the business cut the number of display and programmatic online video ads it... Continue reading at Digiday

[ Digiday | 2019-10-24 04:00:05 UTC ]
More news stories like this | News stories tagged with: #large chunk #digital media


PRH appoints Chantal Noel as group rights director

Chantal Noel has been appointed group rights director for Penguin Random House UK, after 11 years as rights director for Penguin. Continue reading at The Bookseller

[ The Bookseller | 2019-10-23 20:57:31 UTC ]
More news stories like this | News stories tagged with: #rights director #penguin random house


Barnes & Noble Will Seek to Dismiss Ex-CEO’s Defamation Claim

If successful, the move for summary judgment would narrow the scope of any future trial, B&N attorneys say, and more importantly knock out a claim for which former CEO Demos Parneros is said to be seeking roughly $70 million in damages. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #defamation claim #barnes noble #summary judgment #bn attorneys


Seventh university presses convention seeks to build on sector’s broad appeal

Occupying a unique place in the publishing ecosystem, many university presses are achieving crossover hits. But balancing that with their bread and butter can be a challenge. Continue reading at The Bookseller

[ The Bookseller | 2019-10-17 19:31:14 UTC ]
More news stories like this | News stories tagged with: #broad appeal #unique place #publishing ecosystem #university presses


Eurospan acquires Transatlantic Publishers Group

Eurospan has acquired academic and educational sales agency Transatlantic Publishers Group for an undisclosed sum.  Continue reading at The Bookseller

[ The Bookseller | 2019-10-16 14:49:34 UTC ]
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Report: Private equity firm eyes Tech Data for potential $5 billion acquisition

Private equity firm Apollo Global Management LLC is potentially interested in buying Tampa Bay's largest public company, according to a Tuesday report from Reuters. New York-based Apollo has approached Clearwater-based Tech Data Corp. (NASDAQ: TECD) with an offer to acquire the company for... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-10-16 01:08:24 UTC ]
More news stories like this | News stories tagged with: #$5 billion #apollo global management llc


Zaffre offshoot Manilla seeks to publish conversation-creators across genres

With a high-profile launch title in the form of climate change polemic The Future We Choose, Zaffre Books’ new, concise list Manilla is seeking to publish books that set the agenda.      Continue reading at The Bookseller

[ The Bookseller | 2019-10-11 12:15:50 UTC ]
More news stories like this | News stories tagged with: #zaffre books #publish books


Hachette Children's Group pre-empts MG series in six-figure deal

Hachette Children's Group has pre-empted a middle-grade series by J M Joseph in a six-figure deal. Continue reading at The Bookseller

[ The Bookseller | 2019-10-11 04:19:11 UTC ]
More news stories like this | News stories tagged with: #hachette children #six-figure deal #middle-grade series #hachette