Because of the intense, pre-midterm elections debate about bailouts and other emergency steps taken during the financial crisis two years ago, Houghton Mifflin Harcourt is pushing up the pub date for Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry
by Steven Rattner.
The book will now appear this coming Monday, September 20, and much publicity for it has been moved up, too. Rattner will appear on CBS Sunday Morning this coming Sunday. On Monday, he will be on NPR's All Things Considered and CNBC's Power Lunch. On Wednesday, he'll be on Morning Joe. A week later, Wednesday, September 29, he is a guest on the Colbert Report. In addition, the Wall Street Journal
is in the middle of running a two-part excerpt from Overhaul
. Part two runs this Saturday.
Rattner will maintain many of his big events and appearances in 10 cities that were scheduled when the book's pub date was October 14.
A former journalist and a private equity executive, Rattner was head of the Presidential Task Force on the Auto Industry, whose main accomplishments were keeping General Motors and Chrysler alive. GM is planning an IPO later this fall.
Blio, the e-reader software created by K-NFB Reading Technology for which Baker & Taylor is supplying e-content, will be available for download beginning September 28 at blioreader.com. For now, Blio works on Windows-based devices; apps for Apple and Android operating systems will follow soon. In the coming months, Blio will roll out worldwide through device manufacturers, mobile carriers and educational institutions, with digital media storefronts. Retailers will be able to sell titles through the e-book reader and have the reader branded with its name.
Among other features, through XPS format, Blio offers e-books that look like a book's printed format. Blio also supports ePub format. Blio operates through text-to-speech technology, which allows readers to use books hands-free.
Blio was first demonstrated last fall at the Frankfurt Book Fair (Shelf Awareness, October 14, 2009).
Bank of America/Merrill Lynch analyst Alan Rifkin yesterday downgraded Barnes & Noble stock to "underperform" from "neutral," citing a range of factors, Barron's Tech Trader Daily blog reported.
Rifkin wrote that B&N will find it "increasingly difficult to complete in the e-reader market, as it becomes more commoditized amid a continued drop in prices." Moreover, B&N is competing with Amazon and Apple, "both of which have well-diversified portfolios of profitable businesses to support digital initiatives and marketing budgets that cannot be matched" by B&N.
Rifkin also cited continuing softness in the retail business, a deteriorating balance sheet and weakening cash flow as well as the bruising proxy fight with Ron Burkle.
In related news, Glass Lewis & Co., which advises shareholders on how to vote their proxies, is recommending B&N shareholders vote for B&N's slate and against Ron Burkle's proposal to change the company's poison pill provisions, according to the AP.
In a statement responding to Glass Lewis, Burkle's Yucaipa Companies said, "We would hope they would reconsider and provide us an opportunity to present them with the facts. We continue to believe that shareholders want a change and a check on Barnes & Noble self-dealing with their chairman."
Fire Petal Books, which sells new and used books for children and young adults, has opened in Centerville, Utah, the Standard-Examiner reported. Michelle Witte owns the 1,400-sq.-ft. store, which among other things is offering writing classes and retreats. A retreat for young writers next week features discussions with Boston literary agent Lauren MacLeod, two nights' lodging at a cabin near Bear Lake, meals, a 10-page critique and individual time with MacLeod.
Bindings Bookstore is opening in Albion, N.Y., and will sell a range of new and used titles, according to the Daily News. Owners Carolyn and Jason Ricker are also offering educational games, puzzle books, cards, journal books and daily planners. He works for Claims Recovery Financial Services and she is a former grade school teacher.
Bindings' grand opening will be in mid-October.
The store is located at 28 West Bank St., Albion, N.Y. 14411; 585-283-4498.
Cornerstone Books, Salem, Mass., is for sale. Owner Gilbert Pili spoke with the Salem News
because "We do have a lot of folks who are kind of asking questions...
One person basically thought we were moving because of the construction
going on, but we're not moving." A&J King Artisan Bakers is involved
in the construction as it expands into part of the bookstore.
"has run the store for five years almost long-distance. He has worked
in Boston in the financial industry and has not been able to be a
full-time, on-site owner," the News wrote.
"I'm not able
to get up there as frequently as I would like to be and as I need to be
to run the store properly," Pili noted. "We've got a great staff that
does a great job, and the store runs well, but I think you need that
kind of attention from the owner... to really see everything that needs
to be done. I would love to find someone who is much more local and can
be there more frequently than I can."
Unique Books, Bayonne, N.J., is scheduled to close in early October. Owner Leonard Janes told the Hudson Reporter
that he "doesn't know whether he will continue his lifelong dream to
operate a bookstore, but he knows that he won't be operating one in
Bayonne.... Economic hard times, high rent, changes in school
curriculum, and other factors have made it impossible for him to keep
the store open, he said."
"People just stopped taking an interest
in reading," Janes observed. "Of 62,000 people in Bayonne, we have had
3,368 regular customers over seven years. Some people came in here later
and said they weren't aware that we were here. I asked them where
For the fourth year in a row, the Women's National Book Association
is celebrating October as national reading group month and is organizing
programs around the country and supporting events held by traditional
and online book clubs and at bookstores and libraries.
national president Mary Grey James said that the association "proudly
endorses this national celebration of reading groups at a time when
there is much talk about the 'decline of the book' and 'reading at
WNBA's nine chapters are hosting events, including the
signature breakfast and booksigning that takes place Saturday, October 9, at the Nashville
Public Library Downtown, co-sponsored by the Library and Davis-Kidd
Booksellers and part of the Southern Festival of Books.
For more information--including programs hosted by partner N.J. Library Association--go to wnba-books.org, NationalReadingGroupMonth.org and Facebook and Twitter.
Vroman's Bookstore blog featured a photo of "London’s Smallest Bookstore (Stop Me and Buy One), located near the Millennium Bridge."
has reached an agreement with the estate of Agatha Christie to become
the author's exclusive worldwide English language publisher, the Bookseller.com
reported, noting that "Penguin and St. Martin's Press had been
publishing Christie in the U.S. Collins has published Agatha Christie
since The Murder of Roger Ackroyd was first published in 1926."
Barnsley, CEO and publisher, HarperCollins U.K. and International,
said, "Agatha Christie has now become a global brand, embodying a
certain quintessentially British style. In this the 120th year since her
birth, in a rapidly changing world, we are keen to publish her work in
all formats, everywhere in the globe, to consolidate her position as the
world's most popular author."
Boing Boing showcased an enormous library desk made of books at TU Delft architecture bibliotheek.
Book trailers of the day: Dust by Joan Frances Turner (Ace Books). For a taste of the author's take on zombies, check out Brains for Breakfast, Friends' Brains and Parents Who Eat Brains.
Laura Dawson has joined Firebrand Technologies as content chief and head of the content services group. Dawson has been an independent consultant, blogs at LJNDawson and is co-chair of the Book Industry Study Group's identification and rights committees.
She replaces Daniel Lee, who is joining the Bard Graduate Center in New York as managing editor.
Fran Toolan, chief igniter of Firebrand, said that Dawson "understands perfectly our commitment to a unified approach to managing content and metadata, internally and throughout the publishing supply chain."
Firebrand offers a variety of digital services to the industry, including NetGalley and Ecommerce Solutions. The content services group helps publishers manage, store, convert and distribute content.