Waterstones buys Foyles - The Bookseller

Panzer's trip into the Catosphere today took him to The Bookseller site. With a little digging around our traveling kitty found a post about the UK's Waterstones.

According to Benedicte Page and Philip Jones, Waterstones has acquired Foyles bookshops. Waterstones cited the incursion of Amazon's online presence selling books and ebooks into the UK as the reason for the purchase of the 115 year old Foyles bookstores. Both stores believe in the importance of continuing the personal interaction between bookstores and book buyers. Foyles will maintain its name and employees.

A person to help you find a book is good, too.

Panzer says, "This little kitty agrees with Waterstones and Foyles. There's nothing like strolling into a bookstore and feeling a real book between your paws."

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

To read the post tootle over to Waterstones

Parragon Faces Closure - Publishers Weekly

Step forward now to buy them.

Today's trip took Panzer to the Publishers Weekly (PW) site. There our intrepid kitty reporter found a post about the impending closure of book publisher Parragon.

According to Jim Milliot at Publishers Weekly, publisher Parragon has announced the company's closure. The U. K.-based company has employees around the world, including the U.S. Employees have already been notified of the company's decision. While the company is looking for a buyer there doesn't appear to be any interest.

Panzer says, "Hmm ... This was an unexpected announcement."

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

To read the post tootle over to Parragon

Book publishing is a resilient business: Kobo CEO

Panzer made a trip today to the CNBC site. With some digging around and rearranging of posts, he found one about Kobo.

50 to 80 years old?

The post by Luke Graham includes a video of an interview with Kobo CEO Michael Tamblyn. Mr. Tamblyn states in the interview that Kobo found in a study that 50 to 80 year olds are the ones driving the ereading business, not the 20 to 30 year olds as previously thought. It was also found that these same readers buy both ebooks and print books. Included beneath the video is a recap of the interview as well as extra information about audio books and their sales.

Panzer says, "Hmm ... Who's buying all those adult coloring books then? Is it the 20 to 30 year olds or the 50 to 80 year olds? Inquiring cats want to know."

Note: The video and the included post are long. The combination makes this a cup of tea and a large muffin read for you.

To watch the video and read the post, tootle over to Kobo CEO