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Borders & REDgroup insolvencies pose challenge for Kobo e-Reader

Feb 18 2011: In the last two days, the two major partners of the e-reader and e-book company Kobo have declared bankruptcy: Borders Group in the USA and REDgroup Retail in Australia and New Zealand (see earlier stories for more on this). But Kobo assure customers in the affected ...

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Australia's largest bookselling chain in administration

Feb 17 2011: REDgroup, the holding company that owns Australia's largest bookstore chain, Angus & Robertson, has collapsed unexpectedly. REDgroup, also owns the Borders stores in Australia (which are no longer connected with US Borders) and the Whitcoulls chain of stores in New ...

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Family maid files suit against author of 'The Help'

Feb 17 2011: Ablene Cooper, a 60-year-old woman who has long worked as a maid has filed a law suit against Kathryn Stocket, author of the bestselling novel, The Help claiming that the character of Aibileen Clark is an unauthorized appropriation of her name and image. For the past ...

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Google Undercuts Apple with Subscription Service

Feb 17 2011: Google Inc. unveiled a digital-content service that gives publishers a bigger cut of subscription sales than a competing program introduced yesterday by Apple Inc.

Google will keep about 10 percent of the fees charged by publishers, Chief Executive Officer Eric ...

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Children's book publisher Margaret K. McElderry dies aged 98

Feb 16 2011: Margaret K. McElderry, the grande dame of children's book publishing, has died aged 98, having continued to edit books into her 90s. According to the New York Times, as a book editor she "employed shrewd intuition, critical acumen and a nurturing way with authors to ...

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Store Closing List Released by Borders

Feb 16 2011: Citing a lack of capital and a desire to "reposition itself successfully for the long term," Borders Group has filed for bankruptcy owing $1.29 billion, at least $230 million of which is owed to book publishers and distributors. It's supposed assets are listed at $1....

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Rowling wins at Baftas

Feb 14 2011: J K Rowling was awarded the "Outstanding British Contibution to Cinema" at the British Academy Film Awards (Baftas) last night as "The King’s Speech" swept the boards...

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Borders Reportedly to Declare Bankruptcy This Week

Feb 14 2011: As early as today or tomorrow, Borders will file for Chapter 11 bankruptcy reorganization, close between 150 and 250 of its 500 superstores and 165 smaller stores and lay off thousands of its 19,500 employees, the Wall Street Journal reported. Shelf Awareness analyzes ...

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