Monthly Archives: March 2010


Confirmed: GE Capital Secure Term Loan For Borders Group US Survival

Confirmed: GE Capital Secure Term Loan For Borders Group US Survival

Just released on the newswires: ANN ARBOR, Mich., March 31, 2010 /PRNewswire via COMTEX/ — Borders Group, Inc. today announced that it has entered into an amended and restated revolving credit agreement. The new, $700 million senior secured asset-based credit facility matures in March 2014 and replaces the company’s existing revolving credit agreement, which would


Borders US Set To Make Fools’ Day Deadline

Borders Group US are facing D-day on April 1st. A substantial loan of $42.5m secured two years ago from Pershing Square Capital for the refurbishment of retail stores and an IT upgrade is due to be repaid on Thursday, this week. A number of reliable financial sources, including Bloomberg US, are reporting late Tuesday evening that a


Shss! It’s Softly, Softly For Lulu in The eBook Wars

This week seems to be the week that anyone remotely connected with selling ebooks is announcing a hook-up deal with Apple or Amazon. We have already seen announcements from Author Solutions’ deal with their brands, AuthorHouse, Xlibris, iUniverse and Trafford for inclusion on Amazon’s Kindle, and yesterday, news came of the popular Smashwords announcing a distribution


Author Solutions Announce Kindle Deal with Amazon

On the same day Smashwords announced a deal to have their premium ebook catalogue listed in the new Apple iBookstore, Author Solutions Inc (ASI) announced a deal with Amazon to have books published through iUniverse, Xlibris, Trafford and AuthorHouse available on the Kindle ereader. From the press release below authors will take it as read that


Publishing Perspectives: Simon Levack

Of all the publishing perspectives and self-publishing experiences we have brought to you over the past two years, most of them have dealt with the transition from self-publishing success to the mainstream world of large publishing houses. Success can be measured in several ways in self-publishing, dependent on whether we look at success from the


Nathan Bransford on Self-Publishing Advice

One of Curtis Brown’s literary agents, Nathan Bransford, has written an illuminating piece on guidance for authors considering self-publishing with Should You Self-Publish? Ten Questions to Ask Yourself. There is a lot of advice dished out to authors about self-publishing, but in my opinion, though much of it is well-meaning and sincere, it comes from


Ingram Digital May Stop eBook Availability until Agency Model in Place

Ingram Digital’s General Manager Andrew Weinstein has sent a letter to its client retailers informing them of the possibility that they will be forced to stop the availability of ebooks titles in their catalogue listing from publishers who intend implementing the agency model. From as early as April—of the largest New York publishers—Ingram Digital may