Inside the Australian and New Zealand book industry

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Kobo announces new funding 

8 March 2011

Kobo has announced increased investment in the company in a funding round reportedly led by Fidelity Investments and which Kobo says includes further investment from founding shareholders Cheung Kong subsidiary...

Things we keep repeating 

18 February 2011

    UPDATE For the most detailed reports on the REDgroup administration process over the past few months see the Bookseller+Publisher website.     As the news of REDgroup retail...

REDgroup releases finalised annual report 

7 December 2010

Further to the Weekly Book Newsletter article REDgroup annual results: ‘Promising growth' in online sales but overall $43 million loss, the REDgroup has announced its final 2009-10 full year results...

REDgroup redeems NZX-listed Retail Notes 

30 November 2010

As a legacy of its acquisition of New Zealand bookselling chain Whitcoulls, REDgroup Retail has continued to be listed on the New Zealand stock exchange (NZX). However, as reported in...

Neil to leave REDgroup, join Kobo 

23 November 2010

Malcolm Neil, communications manger at REDgroup Retail, will leave the business to take up the position of director of vendor relations for Australia and New Zealand with the group's ebook partner...

Browne to replace Walker at REDgroup 

29 August 2010

REDgroup Retail, owner of Borders, Angus & Robertson and Whitcoulls, has announced Rod Walker will step down from his role as executive chairman.The announcement comes as the group confirms it...

Kindle reduced to A$215 

22 June 2010

Amazon has reduced the price of its Kindle ereader from US$279 (A$320) to US$189 (A$215). The reduced price, which applies to Australian purchases, brings the ereader closer to REDgroup's Kobo...

Wakefield Launches Ebook List 

2 June 2010

Wakefield Press has announced the launch of its ebook list.The Adelaide-based publisher has signed to provide ebooks via REDgroup Retail’s Kobo publisher and plans to sign with Overdrive and Amazon.'We’re...