Friday, January 20, 2017

Books World alarmed by Pearson's sale of stake in Penguin Random House - The Guardian

Panzer was tootling around in the Catosphere just minding his own cat business when he heard crying and gnashing of teeth coming from up ahead. Following all the noise took our kitty boy to The Guardian site. It didn't take any digging at all to find the news about Pearson's PRH sale is what everyone was so nervous about. Yesterday Panzer told you about Pearson's announcement.

Let's see what happens.
According to the post by Danuta Kean, many authors and agents are unsure about the consequences of Pearson's sale of their partial ownership in publisher Penguin Random House. The post speculates partner Bartelsmann will acquire 22 percent of Pearson's 47 percent and the remainder will be acquired by private equity. Bartelsmann will then be the majority stakeholder with 75 percent. Some authors and agents are worried Bartelsmann may be more interested in profit margins now than previously.

Panzer says, "Inquiring kitties want to know: What private equity will acquire that remaining 25 percent?"

Note: This is a v-e-r-y l-o-n-g post. Bring a thermos of tea and half a dozen muffins for today's reading selection. If you plan to read Panzer's earlier post about the Pearson sale as well, you'll need an extra muffin or two.

To read the post, tootle over to Pearson Penguin Random House sale

To read Panzer's post from yesterday about Pearson's PRH sale, tootle over to Penguin Random House

Thursday, January 19, 2017

Pearson to Sell Stake in Penguin Random House - Publishers' Weekly (PW)

Panzer's trip into the Catosphere today took him to the Publishers' Weekly (PW) site. There our traveling kitty boy found a post about publisher Penguin Random House.

According to the post by Jim Milliot, Pearson plans to sell their partial ownership in Penguin Random House (PRH). Penguin Random House was formed in 2013 with the merger of Pearson's Penguin and Bertelsmann's Random House. Currently, Pearson holds 47 percent and Bartelsmann holds 53 percent of Penguin Random House. Bartelsmann has the right of first refusal in a proposed sale and has indicated they would be interested in purchasing Pearson's stake if the terms were acceptable. (This information was also reported in a longer post at The New York Times site by Michael J. de la Merced.)
What will the terms be?

Panzer says, "This will be interesting to see what happens if "the terms" aren't acceptable."

This is a short-medium post. Bring a cup of tea and a muffin for today's reading selection. If you plan to read The New York Times post as well, bring a second cup of tea and muffin.

To read the post, tootle over to Pearson

To read The New York Times post, tootle over to Penguin Random House


Wednesday, January 18, 2017

Microsoft to Sell eBooks? - The Digital Reader

I'll feel better tomorrow.
Today, Panzer is still recuperating from the vaccination he got at the veterinarian yesterday.  He only made a short trip into the Catosphere to The Digital Reader site. After a little digging around our poor kitty discovered a post about Microsoft and ebooks.

According to the post by site owner Nate Hoffelder, Microsoft is planning to get into the ebook market. The Windows 10 Edge browser has the ability to read epub files. Microsoft plans to add a new ebook store to their Windows 10 retail store. Users will be able to buy epub ebooks there. An update will be available in April,

Panzer says, "The post has links to other posts about Microscoft's plans."

Note: This is a medium post. To read the original post bring a cup of tea and a muffin for today's reading selection. If you plan to read the links in the original post as well, bring an extra cup of tea and another muffin.

To read the post, tootle over to Microsoft

Monday, January 16, 2017

A New Panzerism

Panzer on democracy:

She's so funny. *
Mom and I get to vote on stuff around here.

What I'll do.

Where I'll go.

Isn't it cute how she thinks her vote counts?



* From Cat Wisdom for Humans

Friday, January 13, 2017

Seattle's New Favorite Place to Drink: In the Bookstore - The Stranger

Chicken and tacos. Good idea.
Panzer was tootling around in the Catosphere when he stopped in at The Stranger site. This was our traveling kitty's first visit to the site so it took a little digging to find something for today's post. Finally, he found an interesting post about bookstores and restaurants. For several months Panzer has been telling you about Barnes and Noble CEO Len Riggio's plans for his new concept stores with their inside restaurants.

According to the post by Naomi Tomky, Barnes and Noble's new concept stores aren't the only ones serving food and alcohol in the bookstores. It turns out non Barnes and Noble affiliated bookstores in Seattle, Washington, have had restaurants with alcohol for a decade. In some you can order fried chicken or tacos with your alcoholic drinks before you go look for a new book.

Panzer says, "Hmm ... Okay ... lots of people in Seattle like to go to bookstores to eat and drink. ... So ... Why even bother to sell books there?"

Note: This is a l-o-n-g post.  Bring a cup of tea and three muffins.

To read the post, tootle over to alcohol in bookstores

Thursday, January 12, 2017

Amazon to Create More Than 100,000 New, Full-Time, Full-Benefit Jobs across the U.S. over the Next 18 months - Press Release at Business Wire

Panzer was shaken out of his noon nap today by all the hullabaloo coming from the Catosphere. Hopping into the Panzermobile he followed all the clapping and cheering to the Business Wire site. There our inquisitive kitty discovered a post about Amazon.

Hmm ... They are spread over 7 states.
According to the Business Wire post, Amazon announced plans to add 100,000 new jobs in the U.S. by mid-2018. These jobs will cover everything from entry-level positions in new fulfillment centers already under construction to specialized positions such as engineers. The jobs will be available in Washington (state), Texas, California, Illinois, Kentucky, Florida, and New Jersey. All jobs are full-time.

Panzer says, "One-hundred thousand is a lot of jobs"

Note: This is a v-e-r-y l-o-n-g post. Bring a cup of cocoa and three muffins for today's reading selection.

To read the post, tootle over to Amazon hiring

Wednesday, January 11, 2017

OverDrive Reports Library Borrowing of eBooks Up 16%, Audiobooks Up 34% in 2016 - The Digital Reader

Today's trip into the Catosphere took Panzer to The Digital Reader site. There our adventuresome kitty found a post about ebooks and libraries.

According to the post by site owner Nate Hoffelder, library platform provider OverDrive announced in a press release about ebook and audiobook use in libraries. Although ebook sales were down in 2016 in stores, readers' library borrowing habits were a totally different story. Readers' borrows of ebooks were up 16 percent and audiobooks were up 34 percent over 2015. The statistics are a combination of local public libraries and school libraries figures.
If there's a way, I'll find it.

Panzer says, "Hmm ... How can I get people to request my ebooks so libraries will buy them?"

Note: This is a shortish-medium post. Bring a cup of tea and half a muffin for today's reading selection.

To read the post, tootle over to OverDrive

Tuesday, January 10, 2017

Riggio Reaffirms Commitment to Bricks-and-Mortar - PW (Publishers' Weekly)

I don't understand.
Panzer's trip today took him to the Publishers' Weekly (PW) site. There our traveling kitty boy found a post about Barnes and Noble's holiday sales report. Last week Panzer told you about Barnes and Noble's 2016 bricks and mortar store holiday sales decline compared to 2015.

According to the post by Jim Milliot, Barnes and Noble CEO Len Riggio isn't worried about the in store sales decline. Although, bricks and mortar stores sales were down 9.1 percent and online sales at BN.com were up 2 percent, Mr. Riggio says he intends to stay with bricks and mortar stores. This year Barnes and Noble will close twelve under performing stores and open four new concept stores.

Panzer says, "Umm ... I'm just a little kitty and I don't understand human arithmetic. Please explain to me how if you close more stores than you open new ones that equals confidence?"

Note: This is a shortish-medium post. Bring a cup of tea and half a muffin.

To read the post, tootle over to bricks and mortar stores

To read Panzer's earlier post about Barnes and Noble's holiday sales report , tootle over to holiday sales

Monday, January 9, 2017

A New Panzerism

Panzer on cat habits:

Today, I heard What's His Name telling Mom he learned something new about cats.

A friend told him cats lick the hair of people they love.

Did you get?
Well ...

That friend of his got part of it right.

But ...

Cats only love themselves.



Saturday, January 7, 2017

2017 Book Industry Predictions: Intrigue and Angst amid Boundless Opportunity - Smashwords

Panzer was shaken from his nap by loud noises coming from the Catosphere. Stumbling to the Panzermobile, our sleepy kitty followed all the crying and yowling to the Smashwords blog site. There he found Mark Coker's predictions for indie publishing for the coming year.

Back to my nap.
Mark Coker's post begins with a 10 year retrospective of indie publishing. This is followed by Mr. Coker's 10 predictions for indie publishing in 2017. The predictions range from indie authors developing a greater market share, an even bigger growth of the glut of ebooks in the market, and an Amazon anti-trust investigation. The final section is a wrap-up of the other two. A lot of the post is an indictment of Amazon's business practices and Kindle Unlimited and Select.

Panzer says, "Hmm ... Most of the predictions don't paint a very good picture for indie authors. ... But ... Cats never pay any attention to what our humans say anyway."

Note: This is a v-e-r-y l-o-n-g post. Bring a thermos of tea and a dozen muffins for today's reading selection.

To read the post, tootle over to Smashwords: 2017 Book Industry Predictions: Intrigue and Angs...

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