Well, it's official. Stick a fork in Borders; it's done. The bankruptcy judge has signed off on the final liquidation of assets. This means the Kobo stock owned by the former bookstore chain can be sold and the remaining cash distributed among the creditors. Depending on the creditors' status, they are looking at 4-10 cents on the dollar.
Meanwhile, Amazon is claiming it's selling over a million units of the Kindle Fire per week for the month of December. If this is true (and Amazon is very reticent about letting anyone look at its books), writers are looking at some serious sales when these buyers/gift recipients start loading them in January.
Jeff Kinney, author of the "Diary of a Wimpy Kid" series, has sued Antartic Press for their parody "Diary of a Zombie Kid." Um, Jeff, even Madonna understood that mockery by Weird Al Yankovic means you've hit the big time. It'll be interesting how this shakes out.
Speaking of lawsuits, still no word on any settlement between author Christie Craig and the bozos who comprise the Texas Department of Transportation. You remember TxDOT? The folks who have issues with a heterosexual couple practicing safe sex in a committed relationship? The trial is currently scheduled for early 2013. (And yes, this is how backed up the courts are over frivolous lawsuits by idiot politicians.) Hopefully, Santa brings an end to the stupidity to Christie for Christmas!
I know lots of you are traveling today and tomorrow. Please stay safe. Happy holidays!
1 hour ago