Is Borders’ “go-slow” approach to the online marketplace really a stroke of brilliance after all, as the Wall Street Journal recently postulated? The argument goes like this: despite the company’s listless approach to the Internet, which drove investors so bonkers that Borders rolled out the auction block earlier this year in search of a buyout…Continue Reading
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Tagged Amazon, Apollo Management, B&N.com, Bain Capital, Blackstone Group, BOL.com, Borders, Borders.com, Centerseat, eBay, Harris Interactive, Len Cosimano, Rain, Tami Heim, U.S. Bancorp Piper Jaffray
Random House Parent Wages Global E-Commerce Turf War There is a special place on Thomas Middelhoff’s atlas of corporate geography that he likes to call “Bertelsmann Valley.” You might think of it as Silicon Valley stretched to a global scale and populated with scenic villages of dot-com shops, a few stray Holstein cows, and a…Continue Reading
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Tagged Amazon, Andreas Schmidt, AOL Time Warner, Audible, B&N.com, BOL.com, Book-of-the-Month Club, Bookspan, CBS Viacom, CDNow, Daniel Brewster, Digital World Services, Doubleday Direct, GetMusic, Gruner + Jahr, Peter Olson, Random House, Reader's Digest, Richard Sarnoff, Terra Lycos, Times Mirror, Xlibris