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 […]

Did Lulu Get a Shed-Load of iPads with Apple Deal?!

Looks like Lulu got a shed-load of free iPads after this week’s agreement with Apple. Their latest ‘fantastic’ offer to celebrate ‘the momentous occasion’ is a free iPad with three promotional publishing packages. I’m not sure if the ‘momentous occasion’ is their deal with Apple, though, I suspect they mean the release of the iPad itself. […]

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 […]

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 […]