Penguin Group
| 9:00AM 2/17/2011
Beginning as early as the end of the week, 6,000 Borders employees will be out work, and publishers will likely lose millions of dollars in bad debt. Hardest hit will be "midlist" authors -- those whose books aren't bestsellers but still do well enough to justify their publication.
| 3:30AM 10/20/2010
Starbucks is launching a new digital network Wednesday that it says will give customers access to free e-books, movies and access to some paid news sites. The move is meant to attract customers and customer loyalty, and also to provide Starbucks with a new revenue stream.
| 6:00AM 4/01/2010
You'd think that not having to buy an honest-to-goodness book, with its manufacturing costs, would save you money. Not so much anymore, thanks to competition from Apple's new iPad, which makes its official debut Saturday.
Amazon.com will no longer heavily discount e-book best-sellers, following a...
| 12:25PM 3/01/2010
Pearson PLC announced a double-digit rise in sales for 2009, a feat that comes largely due to a weak British pound. This year, the publisher of the Financial Times, Penguin, and Pearson Education intends to rely again on building sales through that weak currency.