• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register

Publishers Lunch

The Publishing Industry's Daily Essential Read

  • Publishers Marketplace
  • Site Guide
  • Help

Bookselling: Joseph-Beth Up for Sale; ABA Expands Board; New Indies; And More

March 18, 2011
By Sarah Weinman

With creditors nipping at Joseph-Beth‘s heels, wondering how the independent bookselling chain will emerge from Chapter 11 bankruptcy, a new filing this week provided some more concrete answers – which demonstrates an outside savior appears to be the best hope. After initially closing four stores, Joseph-Beth will close a fifth store in Fredericksburg, VA before the end of June. The company is also putting itself up for sale, saying that it can’t come up with a reorganization plan that satisfies lenders, creditors and the bankruptcy court. “In the exercise of their business judgment, and to maximize the return to the […]

Login to read full story

Filed Under: Bookstores, Legal

sidebar

Primary Free Sidebar

Login


Forgot password
Quick Pass users click here to log in
Get Full Access
The publishing industry's essential daily read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • For the Record: AAP Publishers and Internet Archive Postpone Judgment Proposal Again, to June 23 June 9, 2023 Letter to the Court
  • Actually, Deadline, These Are Paramount's Exact Words from May 4 (And the Sale Has Moved to Second Bids) June 9, 2023 Deadline on S&S Sale
  • Toon Books to Publish "Pretty Ugly" By David Sedaris and the Late Ian Falconer On February 27, 2024 June 9, 2023 AP
  • Literary Agents of Change Fellowship Program Auction: Donate Items or Register to Bid June 9, 2023 Auction site
  • Appeals Court Judge Muses Over Farts, Alleged Obscenity In Hearing Over Texas Library Removal, As Patrons' Lawyer Argues It's Unconstitutional to Remove Books Over "Disagreement with the Ideas" June 8, 2023 Texas Tribune
  • Biden to Name A Book Ban Coordinator for Department of Education to Focus Schools on Civil Rights Laws June 8, 2023 Public Radio
  • Random House Children's Buys the Boxcar Children Series of Nearly 230 Titles from Albert Whitman June 7, 2023 Press release
  • Noah Baumbach Said to Sell Memoir to Knopf June 5, 2023 Deadline
  • Rushdie: "I’m trying to write a book about the attack on me -- what happened and what it means, not just about the attack, but around it" June 2, 2023 Guardian
  • Hollywood Studios Are Using Force Majeure Clauses to Extend Book Options for Free During Writers' Strike May 30, 2023 WSJ
© 2023 Publishers Lunch. All Rights Reserved.