Wednesday News: Harper Collins makes nice with Amazon, Rakuten wants to buy PopSugar, David Gerrod brings it, and Rand Paul gets his own comic book
. . . HarperCollins is making aggressive efforts to broaden its range of outlets so it does not have to depend too heavily on Amazon.
So are the other publishers. When Macmillan announced its agreement with Amazon in December, its chief executive, John Sargent, wrote in a blog post that “we have not addressed one of the big problems in the digital marketplace. Through great innovation and prodigious amounts of risk and hard work, Amazon holds a 64 percent market share of Macmillan’s e-book business. As publishers, authors, illustrators and agents, we need broader channels to reach our readers.” –New York Times
According to multiple sources, the company has been eager to get its products into the U.S. market and has been buying up content companies and investing in U.S. startups to help accomplish this. It recently handed over $300 million for a 11.9 percent stake in ride-hailing startup Lyft.
PopSugar’s advertising section claims an audience made up of mostly affluent women ready to shop. Its fashion brand site ShopStyle made $1.2 billion in sales for retail partners in 2014, according to Women’s Wear Daily. This would make the online media site with celebrity-focused headlines an ideal buy for the corporate conglomerate to push its products through to a U.S. market. –Tech Crunch
The Hugo award is one of the greatest traditions in this community and the rabid puppies pissed on it, pissed on the community, pissed on the party. The Hugo award means a lot to the science fiction community. And that’s a very large community — right now, a very large and very angry community.
There are going to be consequences. The difference is that the community will argue at length, discuss at length, consider at length, weigh the different options, think about what’s fair and right and honorable, look for the option that represents the best solution — all with the intention of protecting the integrity of the award from slate-mongers, while at the same time not restricting anyone’s right to participate. I have no idea how this can be accomplished, but I trust the larger community to have a much more thoughtful discussion about how to proceed than was demonstrated by the sad-rabid alliance. –Facebook
Paul, meanwhile, was the only candidate to roll out a full campaign store with the announcement he was running for president. It includes merchandise like a giant Rand Paul birthday card (for $35!) and a limited-edition Hillary Clinton hard drive, zinging her for the email scandal that plagued the now-candidate earlier this year. His shop also sells Rand Paul cornhole boards, koozies and Rand on a sticks. –US News and World Report