[LINK] ebook lawsuit; Borders shipping; Angusborders public float
Jan Whitaker
jwhit at janwhitaker.com
Wed Nov 4 08:18:50 AEDT 2009
From Publishers Lunch newsletter:
Maker of Patented Dual-Screen Reader Sues Barnes & Noble Over Nook
Remember the confusion when a company called Spring Design announced
their "Alex" dual-screen ereader the day before Barnes & Noble
unveiled nook and people wondered if the two companies had worked
together? Now Spring Design says they have sued BN, alleging that the
retailer "misappropriated trade secrets and violated the parties'
non-disclosure agreement when it copied Alex' features" for nook.
VP of sales and marketing Eric Kmiec says, "We showed the Alex e-book
design to Barnes & Noble in good faith with the intention of working
together to provide a superior dual screen e-book to the market." The
company recounts that "since the beginning of 2009 Spring and Barnes
& Noble worked within a non-disclosure agreement, including many
meetings, emails and conference calls with executives ranging up to
the president of Barnes and Noble.com, discussing confidential
information regarding the features, functionality and capabilities of Alex."
<http://click.publisherslunchdaily.com/cp/redirect.php?u=NTAwNnwzNDQ4OXxqd2hpdEBqYW53aGl0YWtlci5jb218MzU5MjU0fDc2MDIyMjM2fDU0OTI1Nw==&id=2479441>Announcement
Bookselling: Borders Will Ship It If They Don't Have It; Leading
Australian Chains May Go Public
We've always wondered why any (and every) bookstore--chain or
indie--doesn't offer to ship you for free any book that is not in
stock. After all, in an internet-everywhere age, customers know they
can go to any browser and accomplish the same thing. But Borders
appears to be the first to figure this out, announcing today a
"promise to customers that if they do not find an item in stock in a
Borders store, and that item is among the more than one million
titles available on Borders.com, Borders will find it and pay the
shipping costs to the customer's home." The offer suffers a little
bit from a lame cut-off of December 16 "as the final date items can
be located and reach customers in time for Christmas."
<http://click.publisherslunchdaily.com/cp/redirect.php?u=NTAwNnwzNDQ4OXxqd2hpdEBqYW53aGl0YWtlci5jb218MzU5MjU0fDc2MDIyMjM2fDU0OTI1Nw==&id=2479442>Announcement
In Australia, the private equity owners of the major book chain
group--comprising Angus Borders in Australia, New Zealand and
Singapore; and Whitcoulls in New Zealand--hope to launch a public
offering before Christmas. The "heightened speculation" is fueled by
a recent share offering for Australia's department store group Myer.
According to this account, the bookstores say the incorporation of
Borders helped revenue rise 52 percent in 2008-09 to $685 million
(Australian), with ebitda more than tripling to $42.4 million. That
just shows you what can happen when you have a dominant physical
chain and no Amazon to worry about.
<http://click.publisherslunchdaily.com/cp/redirect.php?u=NTAwNnwzNDQ4OXxqd2hpdEBqYW53aGl0YWtlci5jb218MzU5MjU0fDc2MDIyMjM2fDU0OTI1Nw==&id=2479443>SmartCompany
Melbourne, Victoria, Australia
jwhit at janwhitaker.com
blog: http://janwhitaker.com/jansblog/
business: http://www.janwhitaker.com
Our truest response to the irrationality of the world is to paint or
sing or write, for only in such response do we find truth.
~Madeline L'Engle, writer
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