Author Archives: Editor

Briefly Noted | HMH Restructuring Debt, Will File Prepackaged Bankruptcy

May 14, 2012 – 3:40 pm

Houghton Mifflin Harcourt, still struggling with a heavy debt burden despite an earlier capital restructuring, is once again looking to rework its debt. In an announcement this morning, the company said it had reached an agreement with the majority of its lenders that will eliminate $3.1 billion of debt and reduce its annual interest payments by about $250 million.

As part of the restructuring, HMH will file for prepackaged Chapter 11 bankruptcy in the United States Bankruptcy Court, Southern District of New York within 10 days. It hopes to be out of bankruptcy by the end of June.

In a letter to employees, CEO Linda Zecher said there are no plans for layoffs and that vendors and suppliers will be paid in full. “This process will have no impact on our day-to-day operations. We will continue normal business operations, now and throughout the process. We expect there will be no disruption to our relationships with our employees, customers, business partners, suppliers or vendors,” Zecher wrote.

via HMH Restructuring Debt, Will File Prepackaged Bankruptcy.

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Briefly Noted | Significant expansion for Nook as Microsoft invests $300m | The Bookseller

May 1, 2012 – 7:33 am

It has to be said that this is the kind of news that changes industries. Especially when you think about who else Microsoft is deeply embedded with (NOKIA). It could mark a new and intriguing shifting of the ground in the battle for digital book supremacy.

Microsoft has invested $300m in Barnes and Noble, forming “a new subsidiary” of the bookselling chain to include the store’s Nook, digital and college business.

The companies have announced the new “strategic partnership”, which aims to “accelerate the transition into e-reading”, today 30th April. The new part of the business, 17.6% owned by Microsoft, is being given the holding name of Newco.

via Significant expansion for Nook as Microsoft invests $300m | The Bookseller.

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Brielfy Noted | Epexegetic Biographic Addenda « LRB blog

April 20, 2012 – 5:24 pm

The tug of war over Joyce copyright continues. The National Library of Ireland has just released digital copies of a collection of papers bought from Alexis Léon in 2002 for €12.6 million, in response to an attempted copyright coup by Danis Rose. The NLI’s holdings are a stunning collection of Joyceana, consisting of an early Paris notebook from 1903 and notes for a translation of Dante’s Inferno, as well as 500 manuscript pages and 200 pages of annotated proofs of Ulysses and Finnegans Wake.

via Epexegetic Biographic Addenda « LRB blog.

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Briefly Noted | Kobo And WHSmith To Launch 100 New Kobo Experiential Shops

April 20, 2012 – 2:08 pm

Kobo Inc., a global leader in eReading, today announced plans to open new Kobo branded shops within 100 WHSmith High Street retail locations in 2012. This decision follows the successful trial of the ‘Kobo Centre’ in some of WHSmith’s larger stores. Across the United Kingdom, WHSmith stores will provide consumers with a signature Kobo experience that features the full range of Kobo eReading devices, including the award- winning Kobo Touch™ eReader and the family friendly Kobo Vox™ eReading tablet. Starting today, the Kobo Vox eReading tablet is available for £149.99. The Kobo Touch eReader is currently available for the special low price of £79.99 and the Kobo Wireless is £59.99 at leading WHSmith stores and online at www.whsmith.co.uk.

“We value our partnership with WHSmith and are excited to have dedicated, knowledgeable staff members who will educate WHSmith customers and introduce them to the benefits of Kobo.” said Mike Serbinis, CEO of Kobo. “We know that in partnership with WHSmith we will deliver an engaging in-store experience that will demonstrate our expertise, best-in-class design, easy user experience, and innovative product line.”

via booktrade.info – Book Trade Announcements – Kobo And WHSmith To Launch 100 New Kobo Experiential Shops.

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Book Launch: John Henry Biggart

April 20, 2012 – 8:52 am

The Ulster Historical Foundation launches John Henry Biggart: Pathologist, Professor and Dean of Medical Faculty, Queen’s University, Belfast by Denis Biggart in the Christ Church Library* at 7pm on Tuesday 24th April 2012 with Sir Peter Froggartt as guest speaker. Light refreshments will be provided and there is parking available.

RSVP: Ulster Historical Foundation, 49 Malone Road, Belfast, BT9 6RY | Tel: 028 9066 1988 | E-mail: enquiry@uhf.org.uk

* Royal Belfast Academical Institution, College Square East, Belfast, BT1 6DL

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Shortlist Announced For Kerry Group Irish Novel Of The Year Award

April 12, 2012 – 8:47 am

Writers’ Week announced the shortlist for the Kerry Group Novel of the Year Award with a prize fund of €20,000 in Dublin on Wednesday 13th April.

The shortlist comprises Kevin Barry, City of Bohane, Christine Dwyer Hickey, The Cold Eye of Heaven, Anne Enright, The Forgotten Waltz, Carlo Gébler, The Dead Eight and Belinda McKeon, Solace.

Speaking at the announcement, Frank Hayes, of Kerry Group, said, ‘The Kerry Group Irish Novel Award now entering its 17th year continues to be a much sought after accolade in the Irish literary calendar. I would like to congratulate our two adjudicators, John Boland and Rita Ann Higgins, for selecting this year’s shortlist which showcases the range and strength of Irish fiction writing.’

The Winner will be announced at the opening ceremony of Writers’ Week 2012 on the 30th May by The President of Ireland, Michael D Higgins.

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Brielfy Noted | Eason’s to close two shops and cut 25 jobs – Business News, Business – Belfasttelegraph.co.uk

April 5, 2012 – 8:30 am

Around 25 jobs are to go as Irish book giant Eason’s shuts two stores and an office in Northern Ireland.

The bookseller blamed declining sales for its decision to pull down the shutters in Carryduff, Co Down and Westwood Shopping Centre in west Belfast next month.

It also announced the closure in June of an administrative centre in Boucher Crescent in the city with the centre’s functions to be transferred to Dublin.

via Eason’s to close two shops and cut 25 jobs – Business News, Business – Belfasttelegraph.co.uk.

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Briefly Noted | In Brief: Apple, DoJ Near E-Book Pricing Settlement – Mobiledia

April 3, 2012 – 7:43 am

This has been building for a while. The reverberations will impact on pretty much everyone. Reader, writers AND publishers:

What’s Next: When the Department of Justice, Apple and associated publishers come to an eventual arrangement, its widely expected to lower e-book prices for consumers across the market. But that turn of events could be a blow to publishers who, in the last two years, got to set their own prices.

As e-books become a vital source of revenue, not far away from surpassing print profits, the win for consumers could change business strategies for major retailers.

via In Brief: Apple, DoJ Near E-Book Pricing Settlement – Mobiledia.

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Briefly Noted | No moral to the story as ‘looters’ target children’s publishing fair – News – Books – The Independent

April 2, 2012 – 8:52 am

Well this is sad:

It is a literary genre renowned for its simple morals and admirable heroes and heroines.

However, adult enthusiasts of childrens literature have forgotten their manners, it would seem.British publishers have expressed outrage at what they describe as the widespread “looting” from their stands by people attending the worlds leading childrens book exhibition.

Michael OMara Books, an independent publisher, found nearly three-quarters of its titles had vanished.

via No moral to the story as ‘looters’ target children’s publishing fair – News – Books – The Independent.

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Irish Publishing Company Secures Chinese Contract

March 30, 2012 – 5:06 pm

Irish company Management Briefs has successfully negotiated a new publishing partnership with two Chinese companies as part of the Taoiseach led Enterprise Ireland Trade & Investment Mission to China. An Taoiseach, Enda Kenny TD was present during the formal signing of the contract.

Managing Director Frank Scott-Lennon signed the contract which marks a collaboration between Management Briefs and Chinese companies Enterprise Management Publishing House and Pilot Marketing Management Consulting Co Ltd in Beijing. The contract was signed on March 27 and will result in the co-publication of their book Marketing Skills which is written by Garry Hynes & Ronan Morris and should have a significant impact on sales. The book will be the first of the already internationally established Management Briefs series to be translated and distributed in the Chinese market.

Commenting on the deal Frank Scott-Lennon, Managing Director of Management Briefs and President of Publishing Ireland,  said, ‘This is our first commitment to China and it is our hope and that of our International Rights Agents in China – Big Apple – that this will be the first of many more connections between Management Briefs and Chinese publishers.’

The Irish Trade and Investment Mission to China is in collaboration with Enterprise Ireland. An Taoiseach Enda Kenny T.D. is undertaking an official visit to China commencing Sunday 25th March, 2012 accompanied by Minister Richard Bruton T.D. The dates of the mission are Sunday 25th – Wednesday 28th March 2012 and will see participants attend a number of events and meetings in both Shanghai and Beijing.

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