Kindle is dominating the book retail industry, according to Amazon CEO Jeff Bezos, who says that; “Kindle sales are now 35 percent of books where we have Kindle editions.” Many were skeptical of these results, but upon further investigation, the possibility exists that the release of the Kindle DX has sparked an increase in Kindle [...]
John McMurtrie has been editor of the San Francisco Chronicle Book Review since October 2008, and in his three-month tenure has seen the world of publishing deteriorate. With the closure of the book review sections of the Los Angeles Times, the Chicago Tribune, and the Atlanta Journal Constitution, the Chronicle is one of the few [...]
Borders announced yesterday that they have extended the deadline by one month on both the repayment of their $42.5 million senior secured term loan to Pershing Square, as well as the “put” to require Pershing to purchase their Paperchase subsidiary for $65 million. Both deadlines have been extended to February 16. In late November when [...]