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Financing/Start-Ups

Ingram Invests in NFT eBook Company

September 30, 2022
By Erin Somers

Ingram Content Group has closed a seed funding round for NFT ebook company Book.io. The startup puts ebooks and audiobooks on the blockchain, where they can be sold as NFTs. The company says in a release that Ingram’s print-on-demand service Lightning Source will work with Book.io “to bundle NFT eBooks with bespoke printed physical books” […]

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Authoritive Announces Funding, Legible Goes Public

December 10, 2021
By Michael Cader

Publishing-related startup Authoritive formally announced the completion of $5 million in seed funding, led by edtech venture firm Owl Ventures, and including Guardian Media Ventures. The Lean Startup author Eric Reis is also an investor and board member. Founded by literary agent Christy Fletcher, Figment co-founder Jacob Lewis, and technology executive Gene Cohen, Authoritive uses […]

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Inkitt Raises $59 Million

October 5, 2021
By Michael Cader

Berlin-based Inkitt announced another big round of funding, raising $59 million in a Series B (on top of previous rounds that raised at least $21 million). Axel Springer was a co-lead in the new round, with Michael Lynton participating, along with further funding from Stefan von Holtzbrinck (HV Holtzbrinck Ventures participated earlier) among others. The […]

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Funding: BookClub Raises Again

June 16, 2021
By Michael Cader

After announcing $6 million in seed funding last September, BookClub has now raised a $20 million Series A financing. The round was led by Signal Peak Ventures — which was joined by GSV Ventures, Maveron, Backstage Capital​ and Pelion Venture Partner, along with MasterClass co-founded Aaron Rasmussen and Goodreads co-founder Otis Chandler. The service has […]

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People, Etc.

January 27, 2021
By Erin Somers

At Harper Children’s, Audrey Diestelkamp has been promoted to director, marketing; Robert Imfeld to associate director; Sabrina Abballe to senior manager; and Michael D’Angelo to assistant manager. At Phaidon, vice president, group publisher, Deb Aaronson will now manage the entire editorial group, overseeing commissioning in all of Phaidon’s publishing categories, including art, architecture, cookery, design, general […]

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Scribd Raises $58 Million, As Some of Those Unauthorized Snapshots Have Been Removed

November 25, 2019
By Michael Cader

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 — […]

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RSS Automat

  • Booktopia Borrows $12 Million (AU) For New Fulfillment Center, With Some Funding From Nash and Taurig February 3, 2023 Press Release
  • Barnes & Noble Signs Lease for 7,000-Square-Foot Store in Brunswick, ME February 3, 2023 Maine Biz
  • A Former Prosecutor Explains the Precedents On Woodward and S&S's Side February 2, 2023 The Hill
  • Author Booted From Horror Writers Association Over Racist, Transphobic Rants February 1, 2023 Daily Beast
  • Two Years Ago Netflix Settled A Lawsuit Brought by Chooseco; Now Random House Has Licensed A "Stranger Things" Choose Your Own Adventure Book February 1, 2023 PW (with no reference to the lawsuit)
  • London Book Fair Seminars to Feature Harper CEO Brian Murray, Author Colson Whitehead February 1, 2023 Show site
  • Folio Prize Shortlists Announced February 1, 2023 Prize site
  • Barnes &. Noble Plans 15,000-Square-Foot Store At The Avenue East Cobb in Atlanta January 30, 2023 East Cobb News
  • Boris Johnson Received £510,000 As First Advance on His Memoirs January 27, 2023 Parliamentary Disclosure
  • Joan Didion and John Gregory Dunne's Literary Archives Acquired by New York Public Library January 27, 2023 NYT
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