The Independent seeks buyer

The Independent is up for sale. The paper's founder, and current chairman of its publishing company, Andreas Whittam Smith, has been authorised to seek out a buyer.The owners, Alexander Lebedev and his son, Evgeny, have been indicating for some time that they would be happy to dispose of the paper and its sister titles, i, and the Independent on Sunday.They have made various cryptic statements over the last six months about their willingness to offload loss-making papers that they see no prospect of turning into profit.Alexander Lebedev's fortunes, based on a variety of businesses in Russia, have declined dramatically over the last couple of years.The first major indication of his decision to sell the papers was two key changes of personnel on the board of the company responsible for running them, Independent Print.Whittam Smith moved from being a non-executive director to become chairman. And, most striking of all, Evgeny stood down from the board.The official line from Independent Print is that Whittam Smith is merely seeking new investors. But the reality is that the papers are in play. Whittam Smith is said to feel "honour bound" to save the title he launched in 1986 and to do all he can to find someone willing to continue publishing the paper.At present, bankers have not been appointed. And no genuine bidder, thus far, has emerged. (Rumours some weeks ago that Charles Saatchi was interested were quickly scotched).It would appear that Whittam Smith has put out a... Continue reading at 'The Guardian'

[ The Guardian | 2014-01-16 00:00:00 UTC ]
News tagged with: #controlling stake

Other Publishing stories related to: 'The Independent seeks buyer'


UK Independent Publishers Call for Bolder Experiments

Signs from the UK Independent Publishers Guild conference signal a move toward bolder experiments with with content, DRM, and engagement to foster a brighter future. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-03-03 00:00:00 UTC ]
More news stories like this |


Usborne, Nosy Crow, Summersdale winners at Independent Publishing Awards

Children's publishers Usborne Publishing and Nosy Crow won two awards each at tonight's (... Continue reading at The Bookseller

[ The Bookseller | 2014-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nosy crow


Independents vie for regional crowns at Bookseller Industry Awards

Thirty-eight stores earned a spot on the regional shortlists and are in the running to be The... Continue reading at The Bookseller

[ The Bookseller | 2014-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #regional shortlists


Independent bookstores launch Storytime Day, set for this May

After the success of the Indies First movement this November, in which authors worked at independent bookstores, the newest event is called Storytime Day. Spokesperson Kate DiCamillo urges authors to read a story at their local bookstore. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent bookstores #local bookstore


Independent bookshops in decline as buying habits change

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 ]
More news stories like this | News stories tagged with: #growing power #bigger problem #tiny part #major part


Independent publishers evolve to survive - and thrive

Following a month of upheaval in the independent sector, publishers have told The Bookseller that... Continue reading at The Bookseller

[ The Bookseller | 2014-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent sector


U.K. Indie Saqi Books Seeking Investor

London-based independent publisher Saqi Books is examining its strategy as it seeks an investor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-04 00:00:00 UTC ]
More news stories like this |


Saqi seeking new investment

Independent publisher Saqi Books is reviewing its English language publishing programme and... Continue reading at The Bookseller

[ The Bookseller | 2014-02-03 00:00:00 UTC ]
More news stories like this |


Mirror, Independent and Standard enjoy festive website traffic boost | Digital ABCs

Three sites buck annual trend, but Mail, Guardian and Telegraph report month-on-month declines in daily unique browsersMirror Group Digital, Independent.co.uk and Standard.co.uk enjoyed month-on-month traffic gains in December, when the festive holiday usually results in newspaper website user... Continue reading at The Guardian

[ The Guardian | 2014-01-23 00:00:00 UTC ]
More news stories like this |


Independent website could net Lebedevs millions in standalone sale

Digital division housed in separate company from loss-making print business which owners have been looking to sellThe Lebedevs, owners of the Independent titles, are keeping the papers' website in a separate company in a move that could allow a lucrative future sale of digital assets potentially... Continue reading at The Guardian

[ The Guardian | 2014-01-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #web traffic


Radio Times seeks to fuel digital success with print profits

Radio Times, which accounts for 60% of its publisher's profits, is undergoing a transformation to woo younger readersWhile other magazine publishers chase the digital-savvy generation of under-25s Radio Times is swimming against the tide somewhat, targeting a slightly older, thirtysomething... Continue reading at The Guardian

[ The Guardian | 2014-01-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #make inroads #investing heavily


Patrick Carman's 'Half Nelson' proposal: for each Amazon purchase, buy a book at an independent bookstore

'39 Clues' author Patrick Carman says he knows Amazon is a convenient option, but suggests buying a book from an independent bookstore each time you buy from Amazon. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-01-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent bookstore


As The Independent's sales fall to a new low, will anyone take it on?

The Independent is a calling card across the world, the paper's former owner, Tony O'Reilly, once told me. It was one of the major reasons he fought so hard to acquire the Indy and why he was prepared to lose so much money afterwards as its publisher.He understood that it was the title that gave... Continue reading at The Guardian

[ The Guardian | 2014-01-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wrote yesterday


Rizzoli Open for Business, But Seeking New Space

The company responded to reports about the demolition of the Manhattan building housing its flagship store. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #flagship store


Independent bookstores, Amazon all report successful holiday season

Many independent bookstores reported holiday sales as good or better than last year's, while Amazon called the 2013 holiday season its best ever. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-01-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent bookstores


Independent bookstores and self-published authors are increasingly teaming up

Previously, independent bookstores tended to stay away from marketing self-published authors, but in the age of Amazon, some are embracing local authors no matter how they released their work. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-12-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent bookstores #self-published authors


Independent bookstores capture headlines in 2013

Many were sounding the death knell for independent bookstores as first Barnes & Noble and then Amazon rose to prominence. But indie stores have surprised the naysayers. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-12-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #death knell #independent bookstores #barnes noble #amazon rose #indie stores


For Indies First day, authors get behind independent bookstores

Thanks to Sherman Alexie's forgetfulness, writers across the U.S. will volunteer at their local bookstore Saturday for the inaugural Indies First day.Not long ago the writer Sherman Alexie missed one of his readings, standing up fans at the Queen Anne Book Company, a store in Seattle. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-11-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent bookstores #sherman alexie #long ago


Small Demons Extends Deadline to Find Buyer

Small Demons, the L.A.-based book-focused venture that indexes the places, music, food and things mentioned in books, has extended its deadline for finding a buyer or new investor for at least another month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #small demons


Finger-friendly laptops aren't touching a chord with notebook buyers

If skyrocketing tablet sales and cute videos of babies that confuse magazines for iPads are any indication, touchscreens are the interface of the future. But there's just one problem with that portentous prediction: If it's true, laptop buyers are stuck with one foot in the past. The market... Continue reading at PC World

[ PC World | 2013-11-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #holiday season