Staff take to Twitter over surprise £844m sale by Pearson to media group NikkeiFinancial Times journalists reacted with shock and wry, occasionally dark humour at the 127-year-old newspaper’s surprise £844m purchase by Japanese media group Nikkei.The head of the FT’s Lex column, Robert Armstrong, said the column would be overhauled with immediate effect and described the sale as a “goddamn bargain”.Lex column to publish exclusively in anime, effective immediatelyNikkei pays ~$2.4m per FT journalist. A goddamn bargain if you ask me.@meganmurp Well, the 35x earnings is for the whole FT Gruop, and they are not buying that. I think it's more like 70xFT sale to Nikkei will be good for @FTAlphaville https://t.co/IduI04guATNikkei CEO: "we share the same journalistic values". ReallyI for one welcome our new Japanese overlords (that's me in the middle) pic.twitter.com/OiASublv0AFT meeting pic.twitter.com/PULNrQC4VLFallon "loves" the FT. But he also says FT is better served by being owned by a co completely focused on the best journalism in the worldBarber. "I have every reason to believe and expect Nikkei will respect this vital principle: editorial independence" #FTBarber in Q&A: "This was not and is not a shot gun marriage there has been hours of conversation about this" #FTsalePearson says goodbye #FT pic.twitter.com/UYdZdslvmcWorst possible time for a London business to embark on a search for new space, incidentally. Big shortfall of space, rents spiking.Wondering where... Continue reading at 'The Guardian'
[ The Guardian | 2015-07-23 00:00:00 UTC ]
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For a company which business depends on collecting data, Google sure was slow tabulating its report on smartphone usage. The study is available today, but the data is already outdated given strong holiday ebook reader and tablet sales and global impact of 37 million iPhones sold during fourth... Continue reading at Betanews
[ Betanews | 2012-01-26 00:00:00 UTC ]
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The emergence of author podcasts as a viable and entertaining marketing tool is apparent in the success of three such efforts originating from literary Web sites on the West Coast: Brad Listi’s the Nervous Breakdown, Tom Lutz’s Los Angeles Review of Books, and Tyson Cornell’s company Rare Bird... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-01-13 00:00:00 UTC ]
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Best known for its hunting boots, which according to a recent report in the Associated Press have ousted Uggs and Crocs as the must-have footwear on college campuses, 100-year-old L.L.Bean has begun hitting the books, hard. The family-owned retailer, which reported net sales of $1.44 billion in... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-01-13 00:00:00 UTC ]
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Random House editor-at-large Rebecca Carter is to join Janklow & Nesbit as an agent. After... Continue reading at The Bookseller
[ The Bookseller | 2011-12-14 00:00:00 UTC ]
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Written By: Benedicte Page Publication Date: Mon, 14/11/2011 - 15:15 The Teeside village of Great Ayton is proposing a tax increase in the parish precept in order to save its library, threatened by North Yorkshire county council (NYCC) funding cuts. read more Continue reading at The Bookseller
[ The Bookseller | 2011-11-14 00:00:00 UTC ]
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Written By: Benedicte Page Publication Date: Mon, 07/11/2011 - 12:32 Icon Books m.d. Simon Flynn will leave the publisher at the end of the year, with non-executive director Philip Cotterell taking his place. Flynn, who has worked at Icon for nearly 15 years, has decided on a career change and... Continue reading at The Bookseller
[ The Bookseller | 2011-11-07 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Tue, 25/10/2011 - 09:00 The co-owner of the Big Green Bookshop has launched his own publishing company and is set to release his first book with author Greg Stekelman. Simon Key, co-owner of the independent bookshop based in Wood Green, London, has... Continue reading at The Bookseller
[ The Bookseller | 2011-10-25 00:00:00 UTC ]
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Written By: Katie Allen Publication Date: Thu, 06/10/2011 - 15:25 Oneworld has bought a book by a Private Eye journalist that uncovers how Britain has become a tax haven. Commissioning editor Mike Harpley bought UK and Commonwealth rights to Duty Free: How Britains Become a Tax Haven for Big... Continue reading at The Bookseller
[ The Bookseller | 2011-10-06 00:00:00 UTC ]
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Financial Times is making its newest iPad offering free, with the luxury lifestyle magazine How To Spend It app available without charge for users. Continue reading at Folio Magazine
[ Folio Magazine | 2011-09-13 00:00:00 UTC ]
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Written By: Bookseller Staff Publication Date: Tue, 30/08/2011 - 08:37 Entertainment company Chorion, owner of characters such as Mr Men, Noddy and those created by Beatrix Potter, faces a reported possible administration this week. The Sunday Times reports lenders to the company are preparing... Continue reading at The Bookseller
[ The Bookseller | 2011-08-30 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Wed, 24/08/2011 - 15:16 The owner of Derwent Bookshop has declared the British high street a goner as the only bookshop in Workington is forced to close after 33 years. The Cumbrian store will shut up shop within a month, blaming competition from... Continue reading at The Bookseller
[ The Bookseller | 2011-08-24 00:00:00 UTC ]
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Written By: Michael Fitzpatrick Publication Date: Tue, 23/08/2011 - 08:26 A confusing maze of ebook stores, a difficulty in rendering text and high costs of purchase are dissuading Japanese customers from buying into ebooks. The chaotic melee now taking place in Japan, as publishing makes room... Continue reading at The Bookseller
[ The Bookseller | 2011-08-23 00:00:00 UTC ]
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Stalked by the growth of ebooks, publishing isn't going down without a fight, writes Linda Morris. Continue reading at The Sydney Morning Herald
[ The Sydney Morning Herald | 2011-08-12 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Wed, 10/08/2011 - 08:52 Orbit has bought a fantasy trilogy about Queen Victoria, who sits on the throne in the present day as the queen is an immortal vampire. Commissioning editor Anna Gregson bought UK and Commonwealth rights to God Save the Queen,... Continue reading at The Bookseller
[ The Bookseller | 2011-08-10 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Thu, 04/08/2011 - 14:30 The parent company of Living Oasis bookshops has entered insolvency. Suppliers were issued with an insolvency notice for The Nationwide Christian Trust (NCT), signed by its owner Ray George, on 1st August. The first meeting... Continue reading at The Bookseller
[ The Bookseller | 2011-08-04 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Fri, 29/07/2011 - 09:19 The owner of Living Oasis is in talks with a third party to buy the chain after he closed two of his four remaining shops. Ray George, chairman of the Nationwide Christian Trust (NCT), which bought 19 former Wesley Owen... Continue reading at The Bookseller
[ The Bookseller | 2011-07-29 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Thu, 28/07/2011 - 08:37 BBC Radio 4 seems to have performed a partial u-turn on its decision to cut the number of short stories it airs from three to one per week, with a compromise of two weekly broadcasts. Listeners, authors and celebrities such as... Continue reading at The Bookseller
[ The Bookseller | 2011-07-28 00:00:00 UTC ]
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Written By: Philip Jones Publication Date: Thu, 16/06/2011 - 11:39 The Association of Authors Agents will not expel those agents who have begun publishing their clients' work, after a meeting of agents held last night came to the view that it was not a conflict of interest. The issue was... 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, 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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Interest in ebooks has jumped since Borders and Angus & Robertson slipped into voluntary administration. Continue reading at The Sydney Morning Herald
[ The Sydney Morning Herald | 2011-03-28 00:00:00 UTC ]
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