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 [...]
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 [...]
The only way you’ll be winning the real estate game is if your clients are. Industry veteranRichard Steinhoff wants to help you help them. With more than 30 years under his belt, Steinhoff drew from his plethora of client-centric experiences to write his new book, Turning Myths into Money: An Insider’s Guide to Winning the Real [...]
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 [...]
Independent bookstores, squeezed by competition from Internet retailers like Amazon, have long done something their online brethren cannot emulate: author events. And now many bookstores say they have no choice but to capitalize on this grand tradition. They are charging admission. Bookstores, including some of the most prominent around the country, have begun selling tickets [...]
(Reuters) – Bankrupt bookstore chain Borders Group Inc said it will name a “stalking horse” bidder by July 1 and is looking to complete the sale of all its assets by the end of July. In court papers filed late on Friday, the company said it was “encouraged that” one of the parties it is [...]
The future of Borders has become much clearer with a motion filed late Friday that asks the court to approve a new motion that will permit it to sell “substantially all of its assets” by July 29. If the motion is not approved, or an agreement to sell the company is not reached, Borders said [...]
Google eBooks has launched an affiliates program that will enable publishers, bloggers, retailers and websites to link to Google eBooks and receive a commission for referring visitors to their sites to Google eBooks to buy books. The Google Afiliates Network was launched as a beta program at the end of 2010, teaming with social reading [...]
With the announcement of a sleeker, sexier new aluminum bodied MacBook Air, you might have forgotten about Apple’s other slim tablet device, the iPad. Apparently, the device has made quite the stride in the e-books and video sphere, as the iPad is widely used to consume both those forms of media. A Nielsen study on the devices [...]
It is a great pleasure to publish the first entry of Bulletproof Career, Chicago Style. As the About Page of this blog notes, my goal is simple: The help readers NEVER AGAIN worry about getting the best opportunities, enjoying financial peace of mind, and succeeding in gut-wrenching and crazy times. What I’d like to do [...]