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Posts Tagged ‘Tim Waterstone’

Waterstones Founder Predicts the End of eBooks in the UK

waterstonesTim Waterstone, founder of the UK based bookstore chain Waterstones, has predicted the end of the eBook revolution in the UK.

In a panel on the future of publishing at the Oxford Literary Festival, Waterstone dismissed the emerging channel as overhyped.

The Telegraph has the story:

“I think you read and hear more garbage about the strength of the e-book revolution than anything else I’ve known,” Mr Waterstone told the audience in Oxford. “The e-books have developed a share of the market, of course they have, but every indication – certainly from America – shows the share is already in decline. The indications are that it will do exactly the same in the UK.”

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Waterstone’s Founder Named University Chancellor

Since Tim Waterstone can’t go around making noises about buying his company back from the evil HMV overlords*, he had to find something else to do. And so he has, according to the Glasgow Herald, who report that Waterstone, the founder of Waterstone’s and former chairman of HMV Media Group, was named yesterday as the new chancellor of Napier University in Edinburgh. For many years a lecturer throughout Britain and Europe on entrepreneurial affairs, he will be officially inaugurated on November 15 as part of the university’s November graduations.

Waterstone said: “I am honoured to have been given this exceptional opportunity. I have long been aware of Napier University and its reputation for forward-thinking and confident graduates. I am keen to draw from my own experiences to link in with the curriculum in the areas of business, music and the centre for entrepreneurship to name just three. There are also several exciting new initiatives which I am very keen to get involved in and take forward in my role.”

We kid, we kid. Mostly, anyway…

WHSmith eyes Borders Airport Stores

What with Borders‘ recent announcement that it will shutter all of its UK-based shops, <em>the Scotsman reports that WHSmith has its eye on the airport shops even as he market awaits a bid from retail entrepreneur Tim Waterstone for the whole group. City analysts say that although the Office of Fair Trading would block any move for Borders outright from WH Smith, its airport shops are a licence to print money and chief executive Kate Swann will be interested. Nick Bubb, retail analyst at Pali International, said: “WH Smith will definitely be looking at part of it, especially the airport stores and possibly the out-of-town stores. I would be surprised if they are not trawling over it [Borders] this weekend.”

As for Waterstone, he’s in talks with Mothercare to sell his Early Learning Centre toy chain for an estimated 85 million pounds, which might then be used to try buying out Borders – or at least, try something along those lines, even if Seymour Pierce analyst Richard Ratner dismissed the notion as “wishful thinking”.