tag:blogger.com,1999:blog-16644645.post5782939722747627258..comments2008-03-21T09:46:11.844-04:00Comments on MEDIA WIRE DAILY: Media Business News Spun Out of Control: Now Bertelsmann may be getting out of the book, CD...Media Wire Dailynoreply@blogger.comBlogger12125tag:blogger.com,1999:blog-16644645.post-55215662320500101922008-03-21T09:46:00.000-04:002008-03-21T09:46:00.000-04:00This sounds like a company that is backed into a c...This sounds like a company that is backed into a corner and doesn't know how to get out of it.<BR/><BR/>Watch as the decline in book sales adds to their woes at Random House.<BR/><BR/>Peter Olson said that the decline at RH is due to a lack of a big best seller.<BR/><BR/>If that is the case, why do we need to pay him the big bucks? Why not save the money and just wait for one? Isn't that what we pay him to do EVERY year?<BR/><BR/>Peter?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-84838720907083389582008-03-21T09:14:00.000-04:002008-03-21T09:14:00.000-04:00Media Wire Daily:How do I get a pair of those sand...Media Wire Daily:<BR/><BR/>How do I get a pair of those sandals?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-44220121246829157592008-03-20T16:07:00.000-04:002008-03-20T16:07:00.000-04:00Hey,They had it up for sale long before the staff ...Hey,<BR/><BR/>They had it up for sale long before the staff was told.<BR/><BR/>They only told the staff when word leaked all over the place.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-24799153108541470322008-03-20T12:24:00.000-04:002008-03-20T12:24:00.000-04:00'possible sale' ?- staff was already told weeks ag...'possible sale' ?<BR/>- staff was already told weeks ago the company is for sale and they expect a buyer by the summer<BR/>- idiotsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-13213151512518821042008-03-20T09:42:00.000-04:002008-03-20T09:42:00.000-04:00http://business.timesonline.co.uk/tol/business/col...http://business.timesonline.co.uk/tol/business/columnists/article3585775.eceAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-67390847638675830172008-03-20T02:07:00.000-04:002008-03-20T02:07:00.000-04:00I left the office in GC months ago. What a dreadfu...I left the office in GC months ago. What a dreadful place. I heard people that are staying are making the best out of it, but everyone knows the company is going downhill. When I left my job, it was the greatest feeling in the world. I was there for a short time. Didn't even have a chance to get to know the business. Now I know enough... dying business model, cd and dvd people taking over the book business with no clue on what they are doing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-68110707904931315742008-03-19T21:59:00.000-04:002008-03-19T21:59:00.000-04:00Hey, Hart looks like he ate the whole thing!Hey, Hart looks like he ate the whole thing!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-6044041574434303322008-03-19T21:58:00.000-04:002008-03-19T21:58:00.000-04:00Lets see.Bertelsmann bought Doubleday for somethin...Lets see.<BR/><BR/>Bertelsmann bought Doubleday for something like $750 million.<BR/><BR/>They then bought the Newbridge clubs for something like $30 million.<BR/><BR/>They then bought back half of Bookspan (the TW part was of no value) for $150 million.<BR/><BR/>They bought Ch for $250 million.<BR/><BR/>They bought BMG for $1 billion.<BR/><BR/>So if my math is correct, they bought this whole mess for over $2 billion.<BR/><BR/>Soooo....<BR/><BR/>if I did my math correctly, whoever wants to buy it now has to pay them at least that amount.<BR/><BR/>We will throw in the mess they created for free.<BR/><BR/>Buyers anyone?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-59893049807607416412008-03-19T21:54:00.000-04:002008-03-19T21:54:00.000-04:00Good luck to whoever buys this place.Good luck to whoever buys this place.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-46652500072020671892008-03-19T21:52:00.001-04:002008-03-19T21:52:00.001-04:00Interesting.Interesting.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-15642421827472083242008-03-19T21:52:00.000-04:002008-03-19T21:52:00.000-04:00Interesting.Interesting.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16644645.post-3547591787490782392008-03-19T18:39:00.000-04:002008-03-19T18:39:00.000-04:00Read the article in Wednesday's Wall Street Journa...Read the article in Wednesday's Wall Street Journal.<BR/><BR/>My have the mighty fallen.Anonymousnoreply@blogger.com