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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Written By: Graeme Neill Publication Date: Tue, 09/08/2011 - 09:30 Bookshops appeared to have been largely unaffected by the rioting that swept across London and other cities last night, causing tens of thousands of pounds worth of damage. As London shopowners began the clean-up this morning,... Continue reading at The Bookseller
[ The Bookseller | 2011-08-09 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 28/07/2011 - 11:36 Little, Brown and Abacus has appointed Clare Smith, currently HarperPress publishing director, to the role of publishing director fiction, Little, Brown and Abacus. Smith will begin on 19th September, reporting to Richard... Continue reading at The Bookseller
[ The Bookseller | 2011-07-28 00:00:00 UTC ]
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Written By: Benedicte Page Publication Date: Fri, 29/07/2011 - 09:20 Macmillan has walked away from its education business in east and west Africa, and is understood to have put all its education publishing companies and interests across the continent (other than in Botswana) on the block.... Continue reading at The Bookseller
[ The Bookseller | 2011-07-28 00:00:00 UTC ]
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Written By: Benedicte Page Publication Date: Wed, 06/07/2011 - 16:25 The Legal Services Commission, which handles legal aid, has been accused of "cynically changing the rules" by ignoring the decision of its own appeals panel that library campaigners pursuing judicial review claims should not... Continue reading at The Bookseller
[ The Bookseller | 2011-07-06 00:00:00 UTC ]
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Written By: Katie Allen Publication Date: Tue, 05/07/2011 - 09:25 The London Magazine has launched a competition for readers to nominate their favourite bookshop, highlighting indies including Daunts. As part of the publication's The Great Little Shop Awards, this month the magazine is asking... Continue reading at The Bookseller
[ The Bookseller | 2011-07-05 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Mon, 04/07/2011 - 08:31 University lecturers posting course notes online are "harming" academic booksellers, and the posts can also deter students from reading around the subject, the chairman of the Booksellers Association's Academic, Professional... Continue reading at The Bookseller
[ The Bookseller | 2011-07-04 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Wed, 29/06/2011 - 09:21 The literary agency representing Barack Obama has become the latest to move into ebook publishing but stresses it is not trying to compete with publishers. read more Continue reading at The Bookseller
[ The Bookseller | 2011-06-29 00:00:00 UTC ]
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Written By: Graeme Neill and Charlotte Williams Publication Date: Thu, 23/06/2011 - 16:34 Retailers have criticised J K Rowling's decision to sell the Harry Potter ebooks directly through the Pottermore website, with Waterstone's saying physical bookshops are "effectively banned" from selling... Continue reading at The Bookseller
[ The Bookseller | 2011-06-23 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 16/06/2011 - 09:03 Cornerstone has appointed Selina Walker, currently publishing director of Transworld's crime and thriller list, to the role of publisher for Century and Arrow. Walker will begin her role in mid-July, following 11 years... Continue reading at The Bookseller
[ The Bookseller | 2011-06-16 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Wed, 15/06/2011 - 14:25 The Sandwich Bookshop in Kent is closing after seven years, blaming a rise in internet bookselling, supermarket discounting and the popularity of e-readers. Owner Louise Vance will be shutting the doors to her shop in... Continue reading at The Bookseller
[ The Bookseller | 2011-06-15 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Wed, 15/06/2011 - 12:33 Alan Sutton has resigned as chief executive of Amberley Publishing and is "no longer involved" with the company. In a statement, former chief operating officer Alan Mabley said: "On 11th May 2011, Alan Sutton resigned as... Continue reading at The Bookseller
[ The Bookseller | 2011-06-15 00:00:00 UTC ]
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WS Publishing Group, formerly known as Wedding Solutions Publishing, is moving to Perseus Distribution for sales and distribution in the U.S. and Canada as of July 1. Best known for its wedding planning and wedding related books, WS Publishing also publishes in the categories of baby and... Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-06-13 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Wed, 25/05/2011 - 14:13 Independent bookshop owners paid themselves an average wage of £22,200 in 2010, according to a new survey. Figures revealed that the average sales of those bookshops which took part in last years Bookseller Fitness Programme... Continue reading at The Bookseller
[ The Bookseller | 2011-05-25 00:00:00 UTC ]
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Written By: Gayle Feldman Publication Date: Tue, 24/05/2011 - 09:41 Responses to Amazon.com's hire of Laurence Kirshbaum as publisher have varied from worried to fear of a "dampening" effect on competition among delegates at the BEA conference. Word that started to spread Sunday night was... Continue reading at The Bookseller
[ The Bookseller | 2011-05-24 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Mon, 16/05/2011 - 09:56 The economics for booksellers "simply don't work" as they struggle with high costs and low margins, the president of the Booksellers Association has claimed. Jane Streeter was delivering the introduction at the BA Conference at... Continue reading at The Bookseller
[ The Bookseller | 2011-05-16 00:00:00 UTC ]
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Written By: Bookseller Staff Publication Date: Mon, 16/05/2011 - 09:10 Bidders for Waterstone's have a reported two weeks to express a formal interest in the chain, as parent HMV Group said it was in "advanced discussions" over a sale. read more Continue reading at The Bookseller
[ The Bookseller | 2011-05-16 00:00:00 UTC ]
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Publication Date: Thu, 12/05/2011 - 09:30 Lonely Planet is to move some operations to London at the same time as making 70 staff redundant in Australia. Staff at the Lonely Planet office in Melbourne have been told a large part of the company's web operations are moving to the UK following... Continue reading at The Bookseller
[ The Bookseller | 2011-05-12 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 12/05/2011 - 15:34 Random House UK's switch to the agency model this week could lead other publishers to follow suit, despite the Office of Fair Trading investigating ebook pricing. The publisher's switch on Tuesday meant it has around... Continue reading at The Bookseller
[ The Bookseller | 2011-05-12 00:00:00 UTC ]
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