Saturday Is ‘Take Your Child to a Bookstore’ Day. In November 2010, suspense writer and mother Jenny Milchman wrote a blog post about what how if she ever got famous she would like to start a bookstore day for kids. “We need to show our children the pleasure, not just of a story, or even [...]
Nook Tablet Reviewed: Like the Kindle Fire, But…. The Kindle Fire and the Barnes & Noble Nook Tablet are the two big players in a new category of device that has emerged in the wake of the iPad: the handheld multimedia viewer. Unlike the iPad, these devices really don’t mimic and transform the functions [...]
Amazon Announces New Kindle Format 8 for Graphics Rich eBooks | ITProPortal.com. Online retail giant Amazon has introduced a new web based format for eBooks on its Kindle e-reader device, which brings enhanced resolution for comics and children books on the device. With the new Kindle Fire tablet device, Amazon is rolling out the Kindle [...]
Lombardi Resigns as Barnes & Noble CFO. Joe Lombardi has resigned as chief financial officer of Barnes & Noble after nine years. He will remain with B&N as a “non-officer employee” until mid-2012 to assist in the transition to a new CFO. Until a permanent replacement is found Allen Lindstrom, v-p, corporate controller, will serve [...]
Books-A-Million plans to open stores at former Borders Books | PennLive.com. Books-A-Million, which sells books, toys, games, electronic accessories and DVDs, will open a store next month in the former Borders at Paxton Towne Center in Lower Paxton Township. The nation’s third-largest book retailer plans to open 40 stores, mostly in former Borders, including nine in Pennsylvania. [...]
Kobo Unveils Kobo Vox, $200 Color Tablet e-Reader. Responding quickly to Amazon’s Kindle Fire e-reading tablet, e-book retailer Kobo is releasing Kobo Vox, a seven inch, full-color, multimedia digital reading device for $200. Reminiscent of both the Kindle Fire and B&N’s NookColor, the new device runs the Android 2.3 OS and offers access to 15,000 [...]
B&N Expands Online Marketplace. Barnes & Noble is expanding its non-book offerings. The company, which already sells a variety of forms of media and entertainment, ranging from games to toys to crafts, is adding over one million new products to its online marketplace. The growth is coming [...]
Liberty Media’s long courtship of Barnes & Noble ended Thursday afternoon with the company agreeing to invest $204 million in the retailer through newly issued convertible preferred stock. The agreement fell far short of the much-discussed purchase of B&N by Liberty and it was unclear if all of B&N’s shareholders, most notably Ron Burkle, will [...]
Digital Book World presents a roundup of some of the most interesting news, commentary, and tweets related to publishing that you may have missed, from all over the digital book world. Is the Borders Bankruptcy Saga Finally Going to End? Sunday was the deadline for potential bidders to line up for the Borders bookstore chain, [...]
John C. Malone, the billionaire deal maker, said on Thursday that a deal for for Barnes & Noble “would be a bit of a flier for us.” Mr. Malone also suggested that Live Nation Entertainment, in which he is the largest shareholder, should go private Mr. Malone’s Liberty Media has offered to acquire 70 percent of Barnes & [...]
Borders reached an agreement Thursday evening with Najafi Companies to sell an undetermined number of stores for $215.1 million in cash plus $220 million in assumption of liabilities. Under the preliminary agreement, Najafi, parent company of the book club Direct Brands, will become the “stalking horse” in an auction set for later in July. As [...]
After a dozen years, independent booksellers and other brick-and-mortar retailers in California prevailed when Governor Jerry Brown signed a bill into law yesterday afternoon requiring out-of-state retailers with a presence in the state to collect sales tax on California sales beginning July 1. For California residents the pain of paying online sales tax to Amazon [...]
Are books the new killer app? A new study by the Pew Internet and American Life Project shows that e-reader ownership among U.S. adults doubled from 6% to 12% between November 2010 and May 2011. This marks the first time ownership of devices such as the Kindle and Nook has reached double digits. The increase [...]
How do you help brick-and-mortar stores sell books? Throw in an e-book. That is the idea of one publisher, Algonquin, which began a promotion in 300Barnes & Noble stores this month that gives a discounted e-book to customers who buy an Algonquin trade paperback. The publisher has planned a similar effort for October, giving customers who [...]