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
Usborne is focusing on series and younger readers to help grow its fiction sales in the coming... Continue reading at The Bookseller
[ The Bookseller | 2011-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#younger readers
#fiction sales
Letterbox Library, a supplier of multicultural books to schools and early years settings, is... Continue reading at The Bookseller
[ The Bookseller | 2011-12-02 00:00:00 UTC ]
More news stories like this |
The British newspaper publisher says the pioneering Web site is "is a high-quality asset but our focus in the US is on building the Guardian." Continue reading at AllThingsD
[ AllThingsD | 2011-11-22 00:00:00 UTC ]
More news stories like this |
Written By: Bookseller Staff Publication Date: Tue, 11/10/2011 - 08:45 The proposed strike action by German air traffic controllers, which would have affected flights into Frankfurt this week, could be averted as talks are planned with the German government to resolve the issue tomorrow (12th... Continue reading at The Bookseller
[ The Bookseller | 2011-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#german government
#reuters reports
David Steinberger of Perseus, which will offer distribution and marketing to authors. Continue reading at The New York Times
[ The New York Times | 2011-10-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#authors seeking
#david steinberger
#offer distribution
Despite enormous amounts of attention directed towards digital efforts in the magazine industry, many independent publishers still count print as their main business and most reliable source of revenue. As the paper market continues to fluctuate, publishers are finding new ways to keep the price... Continue reading at Folio Magazine
[ Folio Magazine | 2011-09-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#independent publishers
#digital efforts
#magazine industry
#reliable source
#print issues
Written By: Philip Jones Publication Date: Tue, 16/08/2011 - 09:15 UK ebook buyers are expecting heavier discounting on digital titles than their counterparts across the Atlantic, a new survey has found. The survey, undertaken in April by consultants Simon-Kucher and Partners among 250 book... Continue reading at The Bookseller
[ The Bookseller | 2011-08-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital titles
Written By: Barbara Casassus Publication Date: Mon, 15/08/2011 - 08:41 Paris bookshop Shakespeare & Co is among the 46 bookshops to be nationally recognised as libraires indépendantes de référence (LIR). read more Continue reading at The Bookseller
[ The Bookseller | 2011-08-15 00:00:00 UTC ]
More news stories like this |
Jay Hancock: Is the death of Borders a bell that tolls for the book trade? Or a business opportunity? Continue reading at Baltimore Sun
[ Baltimore Sun | 2011-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#independent bookstores
#book trade
#business opportunity
To hear it from AOL, content and brands are the keys to the companys comeback strategy. But some in the industry wonder if the companys new pick to lead ad sales muddies the message. In a memo to staff Monday, AOL CEO Tim Armstrong announced that ad sales chief Jeff Levick would be... Continue reading at AdWeek
[ AdWeek | 2011-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#strategy based
#defining moment
#managing partner
Written By: Graeme Neill Publication Date: Thu, 21/07/2011 - 09:10 Borders goes to court today to seek approval for liquidators to launch closing down sales across its stores. It is expected the sales will bring in between $250m and $284m the bankrupt book chain owes to creditors. read more Continue reading at The Bookseller
[ The Bookseller | 2011-07-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#court today
Written By: The Bookseller News Team Publication Date: Fri, 08/07/2011 - 14:19 Publishers are optimistic about the next six months, despite a number of big houses turning in their worst first half-year Nielsen BookScan TCM sales performances for years, with ebook growth already beginning to... Continue reading at The Bookseller
[ The Bookseller | 2011-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishers seek
#publishers put
#ebook growth
#james daunt
Written By: Caroline Horn Publication Date: Fri, 08/07/2011 - 08:36 A blogging site that aims to boost authors' independent ebook sales has been created by writers Katherine Roberts and Susan Price in response to a significant contraction in many authors' earnings. Roberts said: "The whole of... Continue reading at The Bookseller
[ The Bookseller | 2011-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#ebooks offer
#longer term
Written By: Lisa Campbell Publication Date: Mon, 04/07/2011 - 16:00 The Book Depository has said it will continue to operate independently of Amazon, as the Office of Fair Trading (OFT) said it was "too early" to say if today's takeover of the online bookseller would trigger an investigation.... Continue reading at The Bookseller
[ The Bookseller | 2011-07-04 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book depository
#operate independently
#online bookseller
#continuing growth
Written By: Bookseller Staff Publication Date: Tue, 31/05/2011 - 09:01 Australian bookshop chains Borders and Angus & Robertson may have to close if buyers cannot be found, administrators have revealed. According to a statement from Ferrier and Hodgson, the firm is "urgently seeking offers... Continue reading at The Bookseller
[ The Bookseller | 2011-05-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#potential buyers
#angus robertson
ADMINISTRATORS for the troubled book retailers Borders and Angus & Robertson have warned both chains may close if buyers can't be found. Continue reading at The Sydney Morning Herald
[ The Sydney Morning Herald | 2011-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book stores
#angus robertson
Written By: Lisa Campbell Publication Date: Wed, 25/05/2011 - 08:45 Edmund de Waal, Maggie OFarrell and Tony Parsons are among the authors lined up to take part in Independent Booksellers Week. The week of events, in association with the Booksellers Association, will take place between... Continue reading at The Bookseller
[ The Bookseller | 2011-05-25 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#booksellers association
#authors lined
#tony parsons
Written By: Lisa Campbell Publication Date: Thu, 19/05/2011 - 12:19 Readers are being called to cast their vote for the Independent Booksellers Book Prize winner, after the shortlist was announced today. The annual award, which recognises works of fiction for adults and children, asks members... Continue reading at The Bookseller
[ The Bookseller | 2011-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#announced today
#annual award
Written By: Benedicte Page Publication Date: Wed, 18/05/2011 - 08:40 Lewisham library campaigners are preparing to lobby the Department for Culture, Media and Sport in Whitehall at noon today (18th May), after a formal demand for government intervention over the borough's plans for the service... Continue reading at The Bookseller
[ The Bookseller | 2011-05-18 00:00:00 UTC ]
More news stories like this |
Written By: Hannah Davies Publication Date: Wed, 04/05/2011 - 08:41 The Buyer's Guide website http://www.booksellerbuyersguide.co.uk will close to editorial submissions for the Autumn 2011 Adult and Children's Buyer's Guides on Friday 6th May at 5 p.m. Eligible titles are those published... Continue reading at The Bookseller
[ The Bookseller | 2011-05-04 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#autumn buyer
#friday 6th
#eligible titles
#late submissions