The publishing arm was sold to Wiley for £572 million, so it probably will be difficult to buy it back. I would guess that the deal would have included something like a transfer of a trademark, which would make it difficult to restart publishing afresh under the name Blackwell’s.
Yeah, this is the most likely reason to not ahead. Someone else suggested Blackwell’s would have signed some legal agreement to not publish further, which would be a pretty severe obstacle.
I’m interested to understand why the publishing house is valued 10x the bookstore, I don’t know why the book-publishers would make 10x-50x what the book-sellers do.
The publishing arm was sold to Wiley for £572 million, so it probably will be difficult to buy it back. I would guess that the deal would have included something like a transfer of a trademark, which would make it difficult to restart publishing afresh under the name Blackwell’s.
Yeah, this is the most likely reason to not ahead. Someone else suggested Blackwell’s would have signed some legal agreement to not publish further, which would be a pretty severe obstacle.
I’m interested to understand why the publishing house is valued 10x the bookstore, I don’t know why the book-publishers would make 10x-50x what the book-sellers do.