Tribune agrees to purchase by hedge fund for $630 million

Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion Continue reading at 'ABC News'

[ ABC News | 2021-02-17 00:40:46 UTC ]
News tagged with: #hedge fund #cutting costs #deal valued

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Amazon revealed as £250k donor to bookseller coronavirus fund

Amazon has been revealed as the mystery donor which pledged £250,000 to a fundraising drive to help booksellers impacted by the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-04-23 04:37:57 UTC ]
More news stories like this | News stories tagged with: #amazon revealed #fundraising drive #coronavirus crisis #bookseller

Bluemoose's Duffy calls for industry fund to support indie presses

Bluemoose Books founder Kevin Duffy has called on the publishing industry to rally behind its smaller presses at this time of crisis and to establish a fund to help independent publishers survive what Duffy said had been a 90% reduction in revenue as a result of the lockdown. Continue reading at The Bookseller

[ The Bookseller | 2020-04-14 17:49:26 UTC ]
More news stories like this | News stories tagged with: #smaller presses #publishing industry

NEA Offering $75 Million to Nonprofits to Save Jobs

The National Endowment for the Arts is now taking applications for $75 million in grants to nonprofit arts organizations to combat job losses related to Covid-19. Grants are fixed at $50,000 for individual nonprofits. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
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Claire McFall releases e-book to raise funds for food banks

Scottish YA author Claire McFall is releasing an e-book title, Making Turquoise, to raise money for food banks.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-08 05:38:55 UTC ]
More news stories like this | News stories tagged with: #raise funds #food banks #raise money #e-book

Arts Funders Launch Artist Pandemic Relief Fund

In response to the impact of the pandemic on the arts community, a multi-disciplinary coalition of arts organizations have joined together to launch Artist Relief, a nonprofit fund that will award $5,000 grants to individual artists facing economic need due to Covid-19. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #arts organizations

Author James Patterson Funding Drive To Save Indie Booksellers

On Thursday, the best-selling author pledged $500,000 to a new campaign: #SaveIndieBookstores. Continue reading at HuffPost

[ HuffPost | 2020-04-02 20:17:14 UTC ]
More news stories like this | News stories tagged with: ##saveindiebookstores #best-selling author

James Patterson Leads Group Seeking to Raise Millions for Bookstores

Author James Patterson is spearheading a group that includes Reese Witherspoon, Reese’s Book Club, the Book Industry Charitable Foundation, and the American Booksellers Association in an effort to raise millions of dollars to help save independent bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book club #american booksellers association #book industry

Coronavirus Aid Package Includes Millions for Libraries, Schools, and the Arts

The package includes $50 million for the Institute of Museum and Library Services (IMLS) for digital inclusion projects, and a hefty $30.8 billion in relief for schools and colleges. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
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Clive Palmer buys huge ad to push plan to fund malaria drug as possible cure for Covid-19 | Amanda Meade

Mining magnate took over page two and three of the Australian for his grand scheme. Plus: News Corp journos forced to take leaveOn Friday the Australian published a double-page advertisement paid for by the mining magnate Clive Palmer, promoting his plan to fund 1m doses of the malaria drug... Continue reading at The Guardian

[ The Guardian | 2020-03-27 01:06:05 UTC ]
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Arts Council England announces £160m coronavirus emergency fund

Arts Council England (ACE) has announced a £160m emergency funding package to help artists and art organisations cope with the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 04:57:11 UTC ]
More news stories like this | News stories tagged with: #coronavirus crisis

Here’s how to support worker relief funds for booksellers trying to survive coronavirus closures.

The coronavirus pandemic has hit independent bookstores hard, with booksellers and other book workers now in need of emergency support. Here are some opportunities we’ve spotted to help out, but please let us know of any others and will add to the post. (Email [email protected].) The Book Industry... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-23 20:01:09 UTC ]
More news stories like this | News stories tagged with: #assists booksellers #coronavirus pandemic #book workers #book industry

Trade rallies to launch emergency hardship funds for authors and booksellers

The trade has pulled together to launch a series of emergency measures to support authors and booksellers affected financially as a result of the coronavirus outbreak.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 17:45:38 UTC ]
More news stories like this | News stories tagged with: #support authors #coronavirus outbreak

Hay Festival appeals for emergency funds after coronavirus cancellation

The Hay Festival has been cancelled owing to the coronavirus outbreak with organisers saying it is now in “immediate financial jeopardy” and has 10 days to raise emergency funds. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 09:16:58 UTC ]
More news stories like this | News stories tagged with: #hay festival #cancelled owing #coronavirus outbreak

Bookshop.org to share 30 percent of each purchase with bookstores impacted by coronavirus shutdowns.

Bookshop.org, an alternative to Amazon that shares proceeds from book sales with independent bookstores, will give more money to those stores in response to the coronavirus pandemic and its impact on small businesses. Bookshop announced today that it would increase bookstore partners’ affiliate... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-18 15:09:12 UTC ]
More news stories like this | News stories tagged with: #coronavirus shutdowns #book sales #independent bookstores #coronavirus pandemic #small businesses #bookstore #bookshop

Emerald Publishing launches £20,000 fund to make coronavirus research available

Emerald Publishing has launched a £20,000 fund to cover article processing charges, supporting social scientists in making their research on health emergencies such as coronavirus rapidly available.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-16 15:58:43 UTC ]
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Friday Fund Day: Drop Some Dollars and Help Some Classrooms

Help build the libraries of schools around the country by donating a few bucks to these DonorsChoose projects. Continue reading at Book Riot

[ Book Riot | 2020-03-13 10:40:37 UTC ]
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World Book Day smashes Share a Million Stories target

World Book Day smashed its Share a Million Stories target within 24 hours of the event, with 1,218,230 stories shared by Friday 9th March. Continue reading at The Bookseller

[ The Bookseller | 2020-03-11 08:50:21 UTC ]
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Comma Press awarded £50k from Greater Manchester Culture Fund

Independent publisher Comma Press and Manchester Literature Festival have been awarded grants from the Greater Manchester Culture Fund. Continue reading at The Bookseller

[ The Bookseller | 2020-03-05 07:22:17 UTC ]
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BA reveals final round of grants from £50K diversity fund

Bookshops from across Britain have been awarded the final grants from the Booksellers Association £50,000 diversity fund for projects to improve accessibility, representation and inclusion.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-02 23:40:45 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #pearson #penguin random house