The embattled St. Mark's Bookshop has a new defender. Lucky Ant, a year-old, hyper-local crowd-funding platform, is helping the 35-year-old East Village literary landmark raise the money it needs to move to a cheaper location. The online campaign, at Luckyant.com, launched Wednesday at midnight, with the goal of raising $23,000 in 25 days in small donations from the store's supporters. They'll receive what Lucky Ant calls "returns" on their "investment": a $10 gift certificate for a $10 donation, for example, or 15% off all bookstore purchases for a year, for a $500 donation. The economic downturn, online book buying, the rise of ebooks and increases in the store's rent have all taken a toll on the St. Mark's Bookshop, once a hangout for such storied literary figures as Susan Sontag and William S. Burroughs. It won a reprieve last fall, when its landlord, Cooper Union, agreed to a temporary $2,500 rent reduction following a petition drive by supporters that brought in more than 40,000 signatures. That reduction runs out in November, and subsequent hikes will bring the total to nearly $23,000 as of Jan. 1, according to a Cooper Union spokeswoman. The store says it pays around $18,700 per month. "It's in our interest to move as soon as possible, but we need to raise the capital to do that," said Bob Contant, co-owner of the store. He and co-owner Terry McCoy are looking to stay in the East Village and downsize to around 2,000 square feet from 2,700—and pay about half the... Continue reading at 'Crains New York'
[ Crains New York | 2012-07-26 00:00:00 UTC ]
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Apple is looking to escape from New York. In a filing this week, Apple attorneys argue that Judge Denise Cote does not have jurisdiction to oversee its upcoming damages trial. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-24 00:00:00 UTC ]
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Booksellers Association calls in celebrity support for Books Are My Bag campaign after more than 500 closures since 2005The number of independent bookshops gracing British high streets has fallen below 1,000 – a third fewer than nine years ago, amid cut-throat competition from supermarkets,... Continue reading at The Guardian
[ The Guardian | 2014-02-21 00:00:00 UTC ]
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Macmillan Science and Education has named Allison Rutledge-Parisi Chief People Officer. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-21 00:00:00 UTC ]
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Suzy Draddy Jacobs has been named publisher of Capitol File magazine. Most recently, Jacobs served as vice president of the Mid-Atlantic and Southeast region for The Week. Continue reading at Folio Magazine
[ Folio Magazine | 2014-02-20 00:00:00 UTC ]
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Christian Waters has been named director of marketing and new business development at Osprey Publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-20 00:00:00 UTC ]
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The web giant's books imprint flexes its muscles after scoring an ebook No 1, but the little guy may yet win the dayA good month for Amazon's fledgling publishing business – the imaginatively-titled Amazon Publishing – just got better, after the imprint won the rights to Cath Quinn's historical... Continue reading at The Guardian
[ The Guardian | 2014-02-13 00:00:00 UTC ]
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Former CNN national correspondent Alina Cho is joining the nonfiction team at Ballantine Bantam Dell. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-12 00:00:00 UTC ]
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Ali Presley has been promoted to associate director, online marketing at Chronicle Books. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-11 00:00:00 UTC ]
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Sony, one of the first companies to enter the ebook market, will close its ebookstore in March and allow its American and Canadian customers to migrate their accounts to Kobo. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-02-06 00:00:00 UTC ]
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With its eye firmly fixed on a return to profitability, Sony's been making extensive cuts to its business arms in recent days (bye bye, VAIO!). So it's no surprise the company would train that cost-cutting eye onto another underperforming unit -- its... Continue reading at Engadget
[ Engadget | 2014-02-06 00:00:00 UTC ]
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Story published in three papers wrongly claimed former News Corp chief stormed out of Sydney Opera House Trust meetingAmanda Meade Continue reading at The Guardian
[ The Guardian | 2014-01-29 00:00:00 UTC ]
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Sierra magazine has hired Ben Warner as the magazine’s new national advertising director. Warner previously served as co-founder and publisher of Laguna Beach Magazine. Continue reading at Folio Magazine
[ Folio Magazine | 2014-01-24 00:00:00 UTC ]
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While two independent bookstores in Door County, Wisconsin, have closed or will close, two others report an uptick in sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-24 00:00:00 UTC ]
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About two years ago, a friend of Brian Tart, publisher of Dutton, gave him a copy of Seventy-Five Years, or the Joys and Sorrows of Publishing and Selling Books at Duttons from 1852–1927. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-24 00:00:00 UTC ]
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Rod McKenzie, who denies the claims, is understood to have been given a final written warningThe editor of Radio 1's award-winning Newsbeat programme has been moved from his post following multiple complaints from staff about alleged bullying.Rod McKenzie, who denied the allegations, is... Continue reading at The Guardian
[ The Guardian | 2014-01-23 00:00:00 UTC ]
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Eighty California indies are signed up to participate in the statewide California Bookstore Day on May 3, 2014, featuring exclusive publisher titles for sale. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-17 00:00:00 UTC ]
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The Hachette Book Group will be making a couple of big real estate moves this year as it expands its distribution center in Indiana and relocates its New York City headquarters. Continue reading at Publishers Weekly
[ Publishers Weekly | 2014-01-09 00:00:00 UTC ]
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The Paris Commercial Court has approved the purchase of 11 of the 52 bookshops in the... Continue reading at The Bookseller
[ The Bookseller | 2013-12-27 00:00:00 UTC ]
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Fifty members of staff at Macmillan's Basingstoke site are to take redundancy rather than... Continue reading at The Bookseller
[ The Bookseller | 2013-12-19 00:00:00 UTC ]
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You might think December would be the calm before the storm at Time Inc., which is, to say the least, expecting an eventful 2014. But CEO Joe Ripp is busy this month too.The company, which publishes magazines including People and Sports Illustrated, is slated to spin off from parent Time Warner... Continue reading at Advertising Age
[ Advertising Age | 2013-12-18 00:00:00 UTC ]
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