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Archives for February 2009

Amazon Gives In on Text-to-Speech

February 27, 2009
By Michael Cader

In a rare concession, Amazon is “modifying our systems so that rightsholders can decide on a title-by-title basis whether they want text-to-speech enabled or disabled for any particular title. We have already begun to work on the technical changes required to give authors and publishers that choice. With this new level of control, publishers and […]

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AAP to be Run By Another Former Member of Congress

February 27, 2009
By Michael Cader

AAP president and ceo since 1997 Pat Schroeder will leave the organization on May 1 “to sail uncharted waters.” Endorsing the fundamental nature of the group as a lobbying organization, the board has hired former six-term Maine Congressman Tom Allen to take over.Allen served on the House Energy and Commerce Committee, Budget Committee, Armed Services […]

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Rave Review for Books & Books' "Retreat"

February 27, 2009
By Michael Cader

Books & Books had to give up their space on Miami Beach’s prominent retail strip Lincoln Road: “It had to go, off the mall to a patio in the back, the latest victim of skyrocketing rents and changing retail economics on Lincoln Road. In its former prominent perch on the pedestrian mall: a Diesel jeans […]

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Hely Hutchinson Admits Waterstone's Exclusive Was a Mistake; Cancels Plan

February 27, 2009
By Michael Cader

Hachette UK head Tim Hely Hutchinson said on Radio Four’s Today show he was cancelling Hodder & Stoughton’s plan to sell Glen David Gold’s new book exclusively at Waterstone’s in hardcover ahead of the fall paperback release to the trade. In what he terms “a historic climbdown,” he announces: “We got this wrong, and so […]

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Borders to Close Michigan Avenue Store

February 26, 2009
By Michael Cader

Borders Group announced that they will close their big store on Chicago’s prominent commercial street in 2010. “It’s a difficult decision to close a store and we’ve done all that we can to keep this location open, but like a handful of other stores we have recently closed in cities ranging from Cincinnati to Santa […]

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Barnes & Noble Sells Calendar Club Share, Takes Loss

February 26, 2009
By Michael Cader

Barnes & Noble has sold its majority interest in the Calendar Club to the company and its ceo for $7 million (comprising $1 million in cash and $6 million in notes). The chain will “continue to have a working relationship with Calendar Club.” BN is taking an after-tax writedown of approximately $9.7 million in their […]

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