Earlier this month, as of January 15 by most indications, Penguin Random House removed its audiobook titles from a variety of “unlimited” listening subscription platforms around the world. The news was first reported out of Scandinavia, where the disappearance was notable on leading platform Storytel and its acquired subsidiaries (like Mofibo in Denmark), as well…
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Film/TV Michael Chabon and Ayelet Waldman, through their company Escapist Fare, have signed a multi-year overall deal with CBS TV Studios. That deal starts with a limited series adaptation of The Amazing Adventures of Kavalier & Clay for Showtime, but includes a number of other projects in development. Akiva Goldsman and Alex Kurtzman will executive…
Reisman Admits Indigo’s Transformation Hit “A Brick Wall,” Will Expand Proprietary Product and Experiences Next
Indigo ceo Heather Reisman spoke to BNN Bloomberg as part of the groundbreaking ceremonies for the University of Toronto’s Schwartz Reisman Innovation Centre, funded by a $100 million donation from Reisman and her husband Gerry Schwartz. Reisman is more candid than she has been during recent Indigo investor calls in acknowledging that the first phase…
Scribd Raises $58 Million, As Some of Those Unauthorized Snapshots Have Been Removed
Subscription service Scribd announced raising $58 million in equity financing from Spectrum Equity. They say the funds will be used “to continue to operate sustainably and efficiently while accelerating our growth, product innovations, content acquisition and continued investment in our employees.” Despite the raise, Scribd has said that it has been profitable since 2016 —…
For Your Lawyers: Internet Archive’s Wikipedia Deal Raises Profile of Disputed Online Lending
Since 2010 the Internet Archive has built a massive online lending library of over 1 million titles based on a disputed (or invented, depending upon your perspective) view of copyright: They have scanned books from libraries, including a significant corpus of recent, in-copyright books, and lend the digital versions on the same one-lend-at-a-time-per-copy rule that…
Sargent Writes to Librarians with Respect, An Apology and No Change in eBook Windowing
As ALA leaders and some friends planned to visit Macmillan on Wednesday morning to drop off their petition with over 150,000 signatures objecting to the eight-week windowing of new-release ebooks to libraries that begins November 1, ceo John Sargent wrote to librarians in response to their abundant feedback. He opens, “First, I would like to…