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Old 10-21-2011, 08:59 PM   #45
SensualPoet
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Posts: 2,295
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Join Date: Nov 2009
Location: Toronto
Device: Kobo Glo, Kobo Aura HD, Kindle Wifi, Nexus 7 (2013), Samsung Tab 10.1
Quote:
Originally Posted by Sao View Post
Indigo Books and Music, here in Canada, is the majority shareholder of Kobo (either 59% or 60% - I've seen both figures quoted.)
Indigo incubated Kobo, when it was then called Short Covers, but has since spun it off and owns approximately 51%. Hong Kong based investment group Cheung Kong Holdings appears to be the second largest holder. Borders' stake was approximately 11%; it's not clear if these shares were "reabsorbed" pro-rata among existing shareholders.

You can find out more here: http://www.chapters.indigo.ca/investor-relations/

Interestingly, B&N has its next earnings release on Nov 22 and, just this morning, its Chief Financial Officer resigned abruptly, including his role as director in the company.

Indigo reports its recent performance on Nov 7; perhaps we will learn new things about Kobo then. Happily, that will be several days since the release of the Kobo Vox so some colour may be added to the financial commentary about that ... and that will still be a full week before Kindle Fire comes to market.
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