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Pearson in ‘advanced discussions’ to Sell Financial Times Group

Pearson in ‘advanced discussions’ to Sell Financial Times Group

Publishing group Pearson is reportedly in advanced discussions with Germany’s largest newspaper publisher Axel Springer to offload its iconic newspaper, the Financial Times. The Financial Times Group includes a 50% stake in The Economist magazine and several other titles. In recent years Pearson has been concentrating on consolidating its brand as an educational publisher and over the past few

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Self-Published Title Makes Polari First Book Prize Longlist

Al Brookes’ The Gift of Looking Closely has been selected in the Polari First Book Prize longlist of ten books. The longlist was announced last night at the Polari Literary Salon in London’s Southbank Centre. The award was created five years ago to celebrate a writer whose first book explores the LGBT experience, whether in poetry, prose,

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Troubador Publishing Acquires The Book Guild Ltd

This week Troubador Publishing Ltd (UK) has completed the acquisition of Brighton-based self-publishing service provider The Book Guild Ltd. TIPM understands that discussions between Troubador and The Book Guild had been on-going for several months and a final deal was agreed recently for an undisclosed sum. Troubador will continue to run The Book Guild Ltd as an independent company. Troubador already

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Breaking: New York Court Denies Class Action Certification in Author Solutions Lawsuit

The filing for class action lawsuit status against Author Solutions taken by three authors in the Southern District Court of New York has been denied by Judge Denise Cote. The case was first filed in April 2013 by law firm Giskan Solotaroff Anderson & Stewart on behalf of self-published authors Kelvin James, Mary Simmons and Jodi Foster.

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Matador Calls Time on Poor Book Covers

One of the challenges for self-publishing service providers is to offer both flexibility and control for the author while still maintaining the quality of the final published book to the marketplace. Many authors who choose the self-publishing path, and find a suitable service provider, may have strong ideas on how their book cover should look. Indeed,

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Draft2Digital Adds Oyster Subscription Service to Its Distribution Channels

Digital distributor and self-publishing service provider Draft2Digital has added Oyster to its distribution channels. Oyster is a growing e-book subscription service with more than one million titles in its library. Draft2Digital itself has shown substantial growth in the e-book services and distribution market  over the past year considering it is up against competitors like Smashwords and Bookbaby.

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Smashwords Introduces Assetless Preorders

Self-publishing platform Smashwords has introduced what it calls ‘Assetless Preorders’ for e-books. While the platform has allowed authors and small press publishers a preorder feature for nearly two years, it required the load up of finalised e-book files. Smashwords founder Mark Coker revealed in a blog post last week that fewer than 10% of e-books released on

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Pronoun (Vook) Announces $3.5m Investment of Capital

Last month we reported that digital publishing platform Vook had rebranded and relaunched as Pronoun. Combining the digital technologies of Byliner and Booklr, which it owns, Pronoun describes itself as an ‘author-friendly’ and ‘author-centric’ book publishing platform with a freemium business model for authors. The platform will provide authors with book creation tools and distribution to all major

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Amazon Changes the Payout Rules on Kindle Unlimited

  From next month Amazon has decided to change how it pays authors for books enrolled in its Kindle Unlimited and Kindle Owners’ Lending Library. Previously Amazon paid authors based on whether a reader read more than 10% of a book, or what it referred to as a ‘qualified borrows’. Kindle Unlimited is a subscription service that allows readers to discover

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