"So the current site gamified the content, making it very simplistic in terms of collecting things and casting spells. Pottermore, the Harry Potter-themed website that made its debut in 2012, will be overhauled and relaunched later this fall "with a radical new design and approach," the Bookseller reported, adding that the "new mobile-first version will drop the gaming elements, focus on its core audience of young adults, and allow its content to be indexed by search engines." "When Pottermore first started, it was positioned for the next generation of readers, and that next generation was almost by default tagged to be children," said Pottermore CEO Susan Jurevics.
We will also be renting some of the back area of the store to vendors who currently rent there, selling re-purposed and vintage goods." Our event schedule is packed with excellent authors too. We missed that so much being in the lower level," Roegge noted, adding: "We will continue to sell new and used books, with an emphasis on our children's section, popular fiction and nonfiction and our regional section. We're right next door to a wonderful florist and a chocolate shop. "Our store will now have a nice huge window for display. All our contact info will stay the same, but we're getting out of our basement!" The bookshop will not have to close during the move because its current space isn't being rented out in October. We will be taking over their storefront at 226 Locust St. Sue Roegge, co-owner of the bookstore with her husband, Brian, said that "Hello the House, a vintage store in our building but upstairs at street level, is closing at the end of September. Bloomberg observed that the sale of those assets has created "a windfall of about $2 billion" that allows Pearson to wait to sell its stake in Penguin Random House.Ĭhapter2Books, Hudson, Wis., will relocate within its current building later this fall. Speculation mounted this year that Pearson might want to sell following the company's recent sale of the Financial Times and its stake in the Economist to focus on education. It's up to Pearson whether they want to sell or not." In 2017, the companies will have the option of selling shares in Penguin Random House in an IPO.Īt the end of August, Bertelsmann CEO Thomas Rabe said that his company "could imagine raising our stake in Penguin Random House in steps. Under the 2012 Penguin Random House merger agreement, Pearson and Bertelsmann can sell their shares beginning this October, with each merger partner having the right of first refusal. "The business is doing well, and we are one year away from achieving peak synergies." "It's most unlikely that we'll exercise the option at this time," Fallon said. Pearson intends to keep its 47% stake in Penguin Random House until at least 2017, Pearson CEO John Fallon told Bloomberg.
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