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China approves Penguin-Random House merger; completion set for next month

Jun 03 2013: Penguin Group and Random House confirm that China's antitrust authority has "cleared the planned merger of Penguin Group and Random House without conditions." China was the final international approval needed for the deal to go through - so Bertelsmann and Pearson plan ...

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    National Bookstore Day envisaged, starting 2015

    Jun 03 2013: A proposal by Northern California booksellers to create a Bookstore Day received a positive reception at BookExpo America.

    Northern California Independent Booksellers Association executive director Hut Landon wrote to NCIBA members that he and board member Pete ...

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      Independent American booksellers cheerful at BEA

      May 31 2013: The cheerful mood of American Bookseller Association members at Book Expo America reflected the positive feeling among independent booksellers in general. The majority of them have seen business improve in the last year and a half and feel that, while the path is not ...

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        News Corp will officially split into two companies June 28

        May 24 2013: As expected, News Corp has announced it will officially split its publishing and entertainment businesses on 28 June.

        Its board approved the separation into two firms, which will both be headed by the current chairman and chief executive Rupert Murdoch.

        The ...

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          Judge rules unused Borders gift cards to be worthless

          May 23 2013: Borders owes nothing to holders of roughly $210.5 million of gift cards that had not been used by the time the bookstore chain shut down, a Manhattan federal judge ruled on Wednesday.

          U.S. District Judge Andrew Carter said it would be unfair to other creditors of the...

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            British Parliament asks Amazon to clarify why it pays $9 million in income tax on $23 billion of UK sales.

            May 20 2013: Amazon will be called back to give further evidence to members of the British Parliament "to clarify how its activities in the U.K. justify its low corporate income tax bill," Reuters reported, noting that during the past six years, Amazon has paid approximately $9 ...

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              U.S. ebook sales up in 2012, but rate of growth is slowing

              May 16 2013: In 2012, trade book sales (i.e. non academic book sales) rose 6.9%, to $15.049 billion, and e-book sales continued to grow, although the rate of growth slowed.

              After several years of triple-digit growth, e-book sales grew 43% in 2012, representing 457 million e-books...

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                U.S. paints Apple as 'ringmaster' in its lawsuit on e-book price-fixing

                May 15 2013: In their filings ahead of the June 3 trial date, the Justice Department and Apple present very different outlines of events that led to the adoption of the agency model for e-books in 2010 by five of the six major U.S. publishers (who have all already settled with the ...

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