When Audible first announced its Captions launch on July 15th, the new tool was presented with the notion of giving back to public education and improving children’s literacy. This announcement was followed up with an online presentation on July 31st, designed to put minds at ease that no, Audible was not out to harm sales… Read More

The US Trade Administration issued a notice in the third week of May 2019 that all printed materials from China would be included in the list of $300 million worth of imports facing a 25% tariff due to failing negotiations between the USTR and China. With the due date of June 10th to resolve the… Read More

American book retailer Barnes & Noble has been purchased in an all-cash transaction by Elliott Advisors for $683 million. The official announcement was made on the morning of June 7th. This deal marks the second purchase of a major bookseller by the hedge fund, following their purchase of UK bookseller Waterstones in 2018. The purchase… Read More