U.K. Investment Group Acquires Barnes & Noble for $683 Million

It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018. The brands will operate independently, but Waterstones CEO James Daunt... Continue reading at 'AdWeek'

[ AdWeek | 2019-06-07 20:03:20 UTC ]
News tagged with: #$683 million #bookseller waterstones #operate independently

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B&N Cut Nook Investment by 74% in Third Quarter

Figures in its filing with the SEC show that Barnes & Noble cut Nook capital expenditures by 74% in the third quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-07 00:00:00 UTC ]
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OverDrive Acquires TeachersNotebook.com

The acquisition gives users of TeachersNotebook.com exposure to OverDrive’s network of schools and libraries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-03 00:00:00 UTC ]
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Ingram acquires CourseSmart

Academic e-textbook platform CourseSmart has been acquired by Ingram Content Group’s Vital... Continue reading at The Bookseller

[ The Bookseller | 2014-03-03 00:00:00 UTC ]
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Chalice Press Acquires Book by Minister Defrocked for Marrying Gay Son

Chalice Press has acquired a book by United Methodist pastor Frank Shaefer, who was defrocked in December for officiating at his gay son’s marriage six years ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-03-03 00:00:00 UTC ]
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FT Group profits rise 17%

Publisher of Financial Times operating profits grow to £55m in 2013 as owner Pearson announces overall slump of 21%Pearson has reported a 21% slump in its overall operating profit for 2013, as its core US education business continues to be hit by the "worst trading conditions" seen in decades.... Continue reading at The Guardian

[ The Guardian | 2014-02-28 00:00:00 UTC ]
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Pearson Earned 78 Million Pounds from PRH

Pearson reported a contribution to earnings of 78 million pounds from Penguin and Penguin Random House in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-28 00:00:00 UTC ]
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Vook Acquires Booklr

Vook, a digital publishing and distribution platform, has acquired Booklr, a real-time data and analytics service for authors and publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-24 00:00:00 UTC ]
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Patreon Raises $2.1 Million for Subscription-Based Crowdfunding Platform

In what could be the biggest variation on crowdfunding, San Francisco Patreon has raised $2.1 million in funding for its subscription-based system. Patreon allows fans to pledge recurring payments to a creator rather than provide one-off support to a single project. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-24 00:00:00 UTC ]
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Investment Firm Makes Proposal for 51% of B&N

The private investment firm G Asset Management has made a proposal to buy a 51% stake in Barnes & Nobles in a deal valuing the company at $22 per share. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-21 00:00:00 UTC ]
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Tribune Co. expects $325-million dividend from publishing spinoff

The dividend figure, which is not final, appears in a document related to Tribune's purchase in December of a group of TV stations. In spinning off its publishing business, Tribune Co. will pick up a dividend that could be about $325 million from the new public company, which would consist of... Continue reading at Los Angeles Times

[ Los Angeles Times | 2014-02-19 00:00:00 UTC ]
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Press freedom groups urge David Cameron to lay off The Guardian

A group of the world's leading press freedom bodies is calling on prime minister David Cameron to distance himself from the investigation into The Guardian over the leaks by the NSA whistleblower Edward Snowden.The seven organisations also want Cameron to urge parliament to repeal the statute... Continue reading at The Guardian

[ The Guardian | 2014-02-18 00:00:00 UTC ]
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Rakuten to buy Internet messaging app Viber for $900 million

Japan’s Rakuten will acquire instant messaging and calling app developer Viber Media for US$900 million, the e-commerce giant said Friday, highlighting its moves to penetrate new markets.Rakuten’s purchase of the messaging and VoIP company follows its acquisitions of Canada’s ebook platform... Continue reading at PC World

[ PC World | 2014-02-14 00:00:00 UTC ]
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Twitter Turns to Flipboard to Acquire Users for Vine

Got growth problems? Here's one way to solve it: advertising.Growth is a top-of-mind concern for Twitter and it appears app install ads are part of the strategy. In this case, a beautiful, magazine-like placement running in Flipboard this week for its six-second looping video app Vine.Digital ad... Continue reading at Advertising Age

[ Advertising Age | 2014-02-12 00:00:00 UTC ]
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Open Road Acquires E-Reads

Open Road Integrated Media has signed an agreement to acquire E-Reads, the digital publisher founded by Richard Curtis in 1999. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-10 00:00:00 UTC ]
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Bryan Hits Million Copies Sold

Amazon Publishing announced that Helen Bryan has become its second author, after Oliver Pötzsch ("The Hangman's Daughter"), to sell 1 million copies. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-10 00:00:00 UTC ]
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The Audio Book Club on The Group

To listen to the Audio Book Club discussion of The Group, click the arrow on the player below. Continue reading at Slate

[ Slate | 2014-02-07 00:00:00 UTC ]
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Lemony Snicket Funds “Noble Librarians Faced With Adversity Prize”

At this year's annual meeting, the American Library Association (ALA) will confer the first annual Lemony Snicket Prize for Noble Librarians Faced with Adversity. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-02-05 00:00:00 UTC ]
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O'Reilly Donating Millions to Tech Education

O'Reilly Media and Safari Books Online are donating over $100 million in "educational content and tools" to K-12 schools across the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-04 00:00:00 UTC ]
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Class Plaintiffs: Apple Should Pay $840 Million in Damages

If the plaintiff number is granted, it would put the total damages in this ebook conspiracy at over $1 billion. Five publishers have already paid $166 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-03 00:00:00 UTC ]
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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 ]
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