Mediabistro will sell its editorial and e-commerce assets to a subsidiary of Prometheus Global Media, which also owns Adweek, The Hollywood Reporter and Billboard, for $8 million in cash. That’s significantly less than the $23 million Jupitermedia paid to acquire Mediabistro in 2007 — but the parent company’s stock total market is about $6.3 million, […]
Archives for May 2014
ABA’s Teicher Says “The Book Industry Is Being Held Hostage” By Amazon; Celebrates Indies’ Gains
ABA ceo Oren Teicher addressed the organization at their annual membership meeting on Thursday afternoon in an enthusiastic vein: “I could not be more pleased to be able to reiterate – the indie bookstore resurgence has continued.” At the same time, he noted how “the aggressive discounting and strong-arm tactics of the dominant online retailer […]
Apple’s Request For a Stay of Damages Trial Is Denied
The Appeals Court panel of Judges Barrington D. Parker, Debra Ann Livingston, and Christopher F. Droney came to a quick decision after the hearing their chambers Thursday morning. Apple’s “motion for a stay pending appeal is denied because Appellant has failed to meet the requisite standard.” So the damages trial, currently scheduled for July 14 but […]
Appeals Court Shows Sympathy for Both Sides In Hearing on Apple’s Stay
The 2nd Circuit Court of Appeals heard arguments Thursday morning on Apple’s motion to stay Judge Cote’s injunction — and in turn, delay the start of the damages trial, currently set for July 14. While the three judges did not issue any ruling from the bench, the immediate sense from their questioning was that one […]
Perseus Joins with Scribd
Following last week’s announcement that Simon & Schuster is making their backlist available to Scribd subscribers, at BEA Scribd announced an agreement with the Perseus Books Group as well. Perseus is providing “thousands of their amazing books to our readers,” and is the next largest publisher to participate after HarperCollins and S&S. Some people have been […]
Forthcoming: Jeter’s First List, O’Reilly’s Next Killing
Derek Jeter’s Jeter Publishing co-publishing partnership with Gallery and Simon & Schuster Children’s Publishing announced their first three titles Thursday at BEA. Two of those books are by or about…Derek Jeter: a middle grade novel, THE CONTRACT, written with Paul Mantell, for publication September 23, “based on Jeter’s own childhood experience.” And later in the […]