Borders Group is paying Pershing Square $750,000 for “reimbursement of expenses” and the extension of the “put” to require Pershing to buy their Paperchase subsidiary, as both the option and the expiration of Pershing’s $42.5 million loan are extended for a second time, until April 15. Borders will report earnings for the fourth quarter and full year on March 31.
Adobe Announces Broader Mobile Support
Following last week’s agreement with Lexcycle, Adobe announced today at the GSMA Mobile World Congress in Barcelona that their new software development kit will support a full range of mobile smartphones and other devices. Companies already planning to integrate the new capability include Bookeen, iRex Technologies, Lexcycle, Plastic Logic, Polymer Vision, and Spring Design. As of today Sony Reader incorporate the new technology, which will “allow consumers to acquire eBooks from a variety of sources, including public libraries.” General manager of Adobe’s Acrobat products Kevin Lynch says in the announcement, “With Adobe Reader Mobile SDK, Adobe is expanding the reach […]
Announcements
Amazon plans another exclusive Kindle download, partnering with America’s Test Kitchen to offer The Cook’s Illustrated How-to-Cook Library: An illustrated step-by-step guide to Foolproof Cooking for free starting February 24. Thriller writer Andy McNab’s audiobook company GoSpoken struck a deal with Research in Motion to supply e-books to the Blackberry and other smartphones.Times (London)
The Librarian's Role in the Digital Age
Motoko Rich continues her series on “The Future of Reading” by looking at P.S. 225 librarian Stephanie Rosalia, part of “a growing cadre of 21st-century multimedia specialists who help guide students through the digital ocean of information that confronts them on a daily basis.” These new librarians believe that literacy includes books, but also exceeds them via Powerpoint presentations and social networking sites. “The days of just reshelving a book are over,” Ms. Rosalia said. “Now it is the information age, and that technology has brought out a whole new generation of practices.” Yet school librarians are often the first […]
People
Becky Cole has joined Plume books as a senior editor. She was formerly at Broadway Books for over ten years. Former Golden Books editorial director Sharon Shavers Gayle, has joined Mary Jack Wald Associates as an agent, effective immediately. Among her first clients are Denise Lewis Patrick, Gregg Loomis, and John Peel. At Sterling, Anne Rogers has been promoted to director, special markets; Ron Davis has been promoted to vp, special & international sales, digital & gift; and Kate Rados is now director, digital markets. Alex Hippisley-Cox is to oversee all UK media relations and communications for the 2009 Frankfurt […]
Ron Howard Says Dan Brown Has Finished Next Book
The director made the disclosure to Entertainment Tonight in an interview from the set of Angels and Demons in Geneva. Spokesperson Suzanne Herz commented only that Brown “is making great progress,” and said “we do not yet have a title or publication date to share.” Reuters