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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Poetry Trust's operations on 'pause' after funding difficulties

The Poetry Trust will cease to operate for the time being while it "takes a pause" to review its operations due to the "difficult funding situation in the arts at the moment." Continue reading at The Bookseller

[ The Bookseller | 2015-12-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operations due #funding difficulties


Thanksgiving Weekend Drew over 151 Million Shoppers

According to the National Retail Federation, more than 151 million people shopped in stores and/or online over Thanksgiving weekend. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #thanksgiving weekend


ACE 'astonished' by increase in funding

Publishers funded by the Arts Council have reacted with relief and “delight” that the body’s funding is to be protected in the government’s Spending Review announced today. Continue reading at The Bookseller

[ The Bookseller | 2015-11-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #arts council


Sales, Losses Inch Up at Books-A-Million

Led by adult coloring books, third quarter sales at Books-A-Million rose 0.4%, but the loss increased to $7.1 million from $6.9 million in last year's third period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales


'Mockingjay -- Part 2' logs $101-million opening, lowest in 'Hunger Games' franchise

Katniss Everdeen may have come out on top of the weekend box office with an estimated $101 million in domestic ticket sales, but the new "The Hunger Games: Mockingjay -- Part 2" fell short of industry expectations and, unlike the "Twilight" and "Harry Potter" young-adult juggernauts, her "Hunger... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-11-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hunger games #fell short #harry potter


Advisory Firm Backs Bid for Books-A-Million

Ahead of a December 8 vote on the proposal by the Anderson family to take Books-A-Million private, an advisory firm recommended that shareholders vote for the offer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #anderson family #shareholders vote


Zonderkidz's Berenstain Bears Line Sells Five Million Copies

The Living Lights brand from Zonderkidz and author/illustrator Mike Berenstain recently passed the five-million unit sales mark. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #million copies


De Waal to fund diversity scholarship

Author Kit de Waal is to fund a Creative Writing scholarship at Birkbeck, University of London, for a budding writer from a low-income household or a marginalised background. Continue reading at The Bookseller

[ The Bookseller | 2015-11-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #de waal #budding writer #low-income household #marginalised background


New York City Indie Bluestockings Nears Funding Goal

With 18 days left on its $50,000 fall fix-up Indiegogo fundraiser, feminist bookstore Bluestockings has raised $37,800. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-29 00:00:00 UTC ]
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Time Inc. Confirms Its Purchase of Jane Pratt's xoJane and xoVain

Time Inc. has acquired Jane Pratt's xoJane and xoVain websites in a bid to build up its portfolio of brands that target millennials. Adweek first reported that the acquisition was imminent on Oct. 16.   The deal is the latest in a string of big moves from the New York magazine publisher this... Continue reading at AdWeek

[ AdWeek | 2015-10-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #editorial team #general manager #style network #advertising partners #engaged audiences #editorial properties


Creative Access to continue with 'alternative funding'

Creative Access will “continue to operate as usual” after its current method of funding runs out next June, its c.e.o has said. Continue reading at The Bookseller

[ The Bookseller | 2015-10-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #creative access #alternative funding


Patterson grant funds Mainstreet road trip

Scottish independent bookshop The Mainstreet Trading Company has revealed how it has spent the grant money it received from author James Patterson: it has bought and renovated a van, transforming it into a mobile bookshop. Continue reading at The Bookseller

[ The Bookseller | 2015-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #grant money #mobile bookshop


Milkweed Editions Raises $1.5 Million For Its 35th Anniversary

Milkweed Editions is celebrating its 35th anniversary by completing a highly successful fund-raising effort. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #35th anniversary #milkweed editions


Google Launches Fund for Publishers' Digital News Projects

Google has launched its €150m (£109m) fund for European publishers to tap to develop new digital news projects, with large-scale grants needing approval from a council includingTelegraph chief Murdoch MacLennan.   Google ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-10-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #european publishers


Google launches €150m fund for publishers' digital news projects

Internet giant says funding will have ‘no strings attached’, with larger grants needing approval from a council including the Telegraph’s Murdoch MacLennanGoogle has launched its €150m (£109m) fund for European publishers to tap to develop new digital news projects, with large-scale grants... Continue reading at The Guardian

[ The Guardian | 2015-10-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #european publishers #internet giant #strings attached #google announced #innovation fund


Amazon Commits $10 Million to Translations, Prompting Questions

As Amazon invests $10 million its translation project, Susan Bernofsky ask if Amazon is turning translation into a 'glorified form of self-publishing.' The post Amazon Commits $10 Million to Translations, Prompting Questions appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #translation project #susan bernofsky


At Frankfurt: AmazonCrossing's new $10 million translation bid

Meet Sarah Jane Gunter today, Wednesday, 3 p.m. Frankfurt Book Fair In a move that answers a constant question both from independent authors and from publishers, AmazonCrossing has announced that it now is accepting submissions.  Continue reading at The Bookseller

[ The Bookseller | 2015-10-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent authors #accepting submissions


Graphic Novel Sales Hit $460 Million in 2014

Graphic novel sales hit a high of $460 million in 2014, and remain strong this year, even as comics periodical sales have hit a soft patch. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-09 00:00:00 UTC ]
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Consumer Rights Act updated to include digital purchases

Biggest overhaul of law for years will see statutory rights traditionally covering cars and white goods extended to apps and music downloadsMillions of UK consumers who download music or buy ebooks can now claim a replacement if the digital content they have bought is faulty.In an overhaul of... Continue reading at The Guardian

[ The Guardian | 2015-10-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk consumers #buy ebooks #digital content #music downloads #single piece


Medium Raises $57 Million for the ‘Best Stories and Ideas on the Internet’

Medium, the publishing platform hatched by Twitter co-founder Ev Williams, has raised $57 million in a round led by Andreessen Horowitz.   It’s the three-year-old company’s second funding round, and people familiar with Medi ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #round led #andreessen horowitz #funding round