Sam Gores leads Hollywood talent agency, Paradigm. Brother Tom heads another private-equity firm, Platinum Equity.
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They "recently joined forces to buy Alliance Entertainment, which distributes DVDs, CDs and video games to stores such as Barnes & Noble, Amazon and Target." They have also explored "buying at least three Hollywood movie studios, including Miramax," and in 2008 the Gores "plowed about $100 million into radio programming company Westwood One." The Journal called the Gores brothers "a three-headed Los Angeles powerhouse. "People familiar with the matter" said the stores and other assets could fetch "roughly $200 million or so" and that "other suitors, whose identities couldn't be learned, are also in discussions with Borders." The company headed by Alec Gores "is known as a distressed investor, scooping up stakes in ailing companies and trying to rehabilitate them," the Journal noted, adding that "interest in Borders has increased since Liberty Media Corp.'s recent bid for Barnes & Noble, valuing the chain at roughly $1 billion." A brief profile of Alec Gores in the Journal noted that he and his brother Tom appear to be intent on assembling an entertainment conglomerate.
Gores Group, a private equity firm based in Los Angeles, is in discussions to purchase more than 200 of Borders's 405 remaining stores "in a deal that would keep the bookstore chain operating as a going concern," according to the Wall Street Journal.
Next year's prizes, which will focus on nonfiction titles, will be presented in Jerusalem.- Ron Hogan The other three finalists-Allison Amend, Nadia Kalman and Julie Orringer-were also in attendance. He spoke of the hope with which every author starts to tell a story, and described the Rohr Prize as a sort of fulfillment that "makes me feel, myself, like Philippe Halsman, the jump artist." And then he stepped away from the microphone and, in the center of the stage, performed the sort of leap Halsman was able to coax out of celebrities from Marilyn Monroe and Richard Nixon to the Duke and Duchess of Windsor.ĭuring the ceremony, the Jewish Book Council, which presents the $100,000 prize each year to an emerging author whose work promotes an interest in Jewish themes, also gave the $25,000 Sami Rohr Choice Award to Joseph Skibell for A Curable Romantic (Algonquin). As Austin Ratner accepted the fifth annual Sami Rohr Prize for Jewish Literature Tuesday evening, he told the audience gathered at Manhattan's Center for Jewish History about doing the research for The Jump Artist (Bellevue Literary Press), his novel about the life of photographer Philippe Halsman, and coming across a letter Halsman wrote from an Austrian prison to his girlfriend: "Tell me, Ruth, have you ever felt you were flying?" It's a universal dream, Ratner acknowledged, but one with particular resonance to Jewish history, in which, he explained, "the wish to rise up and its predicate, the dread of extinction," were pervasive themes-even, he continued, in the story of Superman (whose creators, like Ratner, hailed from Cleveland).
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