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Archives for October 2012

People, Etc.

October 31, 2012
By Sarah Weinman

Due to the effects of Hurricane Sandy, The Random House Publishing Group’s Open House, originally scheduled for this Friday, November 2, will now take place on Friday, December 14. Guests who purchased a ticket for the original date and cannot attend on December 14 can receive a refund by emailing pr@randomhouse.com. With continued internet connectivity […]

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People, Etc.

October 31, 2012
By Sarah Weinman

Random House‘s Maryland distribution center, which shut down for 30 hours Monday night because of the mega-storm, was back in full operation as of Tuesday evening. The company is authorizing weekend overtime for its fulfillment staff to attend to any outstanding back orders. Ingram also experienced a brief interruption in services due to power outages, […]

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eNews: Kobo Opens in South Africa; Brazil’s Saraiva Looks to Sell Online Division; “Patent Troll” Moves to Amazon and BN with New Suit

October 31, 2012
By Michael Cader

Kobo has partnered with South African retailer Pick n Pay to launch their devices and ebookstore there, offering books in both English and Afrikaans. There’s further news on Brazil’s leading bookseller Saraiva, whose stock jumped earlier in the month on reports that they might be in acquisition talks with Amazon. The updated Reuters account says […]

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Harlequin Sales and Profits Fall Again, Blaming 50 Shades of Grey

October 31, 2012
By Sarah Weinman

Harlequin’s parent company Torstar reported third quarter results Wednesday. The book publishing unit had sales of $107.8 million (CA), down by $7.9 million (including $1.9 million in foreign exchange impact.) EBITDA was down $5 million in the quarter at $19.8 million, which Torstar attributed to “revenue declines in most markets and increased costs in the […]

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BN Faces Credit Card Suit; Readies HD Releases

October 30, 2012
By Michael Cader

The first customer lawsuit has been filed against Barnes & Noble over the comprising of customer credit card data following the PIN pad scam acknowledged by the company earlier this month. Chicago customer Elizabeth Nowak filed suit in Federal Court, seeking class action status, alleging “breach of an implied contract to protect that information and violation […]

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Financial: D&M Owes More than $6 Million; Quarto Counts Votes In Opposition to Dissidents; and More

October 30, 2012
By Michael Cader

The Vancouver Sun obtained bankruptcy documents for publisher D&M, showing the company owes 143 creditors more than $6 million. The largest amount, $3.8 million, is owed to a bank and a printer. Holtzbrinck Publishing Services is owed $354,000, and a number of authors are also among the company’s listed creditors. Quarto has sent out proxy […]

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