Amazon Posts a $1 Billion Profit

Helped by a strong performance in its cloud services group, Amazon reported an operating profit of $1.1 billion in the first quarter ended March 31, 2016 compared to $255 million in the 2015 first quarter. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2016-04-28 00:00:00 UTC ]
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Facebook Says Its Network Now Serves Ads to Washington Post, Rolling Stone and 1 Billion People a Month

Facebook is bringing new publishers into its ad network, including Washington Post, Wenner Media and Univision, and the social network now claims to reach a billion people a month outside its own walls.On Thursday, Facebook announced the updated roster to Audience Network, which has become its... Continue reading at Advertising Age

[ Advertising Age | 2017-01-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #serving ads #billion people #wenner media #rolling stone #audience network


Winter Institute 11: Report Finds $1 Billion Tax Gap Caused by Amazon

The American Booksellers Association and Civic Economics released a report on the devastating impact of online retailing on American communities in terms of lost state and local tax revenues. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #american communities #online retailing #devastating impact


Amazon posts a profit as AWS sales nearly double

Cloud services continue to grow by leaps and bounds for Amazon.com.The company reported that Amazon Web Services generated $1.8 billion in sales in the second quarter, up about 80 percent from the $1 billion it brought in a year earlier.That helped Amazon achieve a profit of $92 million, a... Continue reading at PC World

[ PC World | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #audio news #voice-controlled device #company continues #ebook readers #cloud computing #video streaming #e-commerce site


Amazon Posts A (Small) Profit

Total sales in Amazon’s fourth quarter in 2013 rose 20% over the last quarter of 2012, hitting $25.59 billion, while net income rose to $239 million from $97 million in last year’s final period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-30 00:00:00 UTC ]
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S&S Posts Q2 Profit Gain Despite Sales Decline

Lower production and distribution costs were enough to give Simon & Schuster a 9% increase in earnings in the second quarter, despite an 8% drop in sales. Digital revenue jumped 44% in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
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Instagram’s story: Fast growth, a $1 billion sale and Facebook’s broken pledge

Sarah Frier traces the company’s cultural impact along with its business history. Continue reading at The Washington Post

[ The Washington Post | 2020-04-30 15:32:33 UTC ]
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Quarto Posts Profit in 2019, Outlook for 2020 Uncertain

The Quarto Group posted its first profit since 2016 last year, despite a sales decline. The financial forecast for 2020 is clouded by the impact of the Covid-19 pandemic, which has already led to "falling orders and revenues," the publisher said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-24 04:00:00 UTC ]
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Quarto 'pleased' to post 2019 profit, but pandemic forces cost-cutting measures

Quarto has posted a trading update for its 2019 results, saying it expects revenues to slip 9% to $135.8m (2018: $149.3m) but will be returning a profit of $2.9m.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 02:44:11 UTC ]
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Amazon Q2 Results: 20% Revenue Jump, Smaller Profit Increase

The tech giant had second quarter revenue of $63 billion, while net income rose to $2.6 billion from $2.5 billion in last year's second quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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Audio Publishers Association Survey: Nearly $1 Billion in 2018 Sales

The new annual sales survey from the APA shows audiobooks holding its market lead for growth in formats, with listening in cars on the upswing in 2018. The post Audio Publishers Association Survey: Nearly $1 Billion in 2018 Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-07-16 17:07:26 UTC ]
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Amazon Literary Partnership Announces More than $1 Million in 2019 Grants

Reiterating its emphasis on voices underrepresented in many parts of the publishing industry, the Amazon Literary Partnership reaches its 10th year. The post Amazon Literary Partnership Announces More than $1 Million in 2019 Grants appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-05-21 01:30:39 UTC ]
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Amazon reports record profit with first quarter sales up 17%

Amazon has recorded a record profit of $3.6billion, with its first quarter sales up 17% to $59.7billion. Continue reading at The Bookseller

[ The Bookseller | 2019-04-27 00:00:00 UTC ]
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HarperCollins UK hits record profit after Lord of the Rings Amazon TV deal

HarperCollins Publishers saw record profits before tax of £26.8m for the year ending 30th June 2018, almost double the 2017 figure, partly due to a monster The Lord of the Rings TV deal with Amazon. Continue reading at The Bookseller

[ The Bookseller | 2019-04-05 00:00:00 UTC ]
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HarperCollins UK profits double due to Tolkien TV deal with Amazon

Boost from rights sale for multi-series adaptation, as eBooks continue to declineThe publisher HarperCollins UK has more than doubled its profits thanks to a hugely lucrative deal with Amazon for the rights to make multiple TV series based on The Lord of the Rings for its global streaming... Continue reading at The Guardian

[ The Guardian | 2019-04-04 00:00:00 UTC ]
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Amazon's 2018 Sales Topped $232 Billion

The giant company's sales increased 31% in 2018 over 2017, and its operating income tripled to $12.4 billion. Among the many reasons cited for the big 2018 financial gains was the performance of Amazon’s third-party sellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-01 00:00:00 UTC ]
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Amazon Profits Soar Again, Despite Disappointing Sales

Although sales rose 29% in the third quarter (ended September 30) over the comparable period a year ago, investors had expected more rapid growth. Still, profits jumped to $2.9 billion, up from earnings of $256 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
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Amazon opens Manchester office, recruits 1,000 staff

Amazon is opening a new 90,000 sq ft corporate office in Manchester next year, for 600 fresh employees, along with boosting its development centres in Edinburgh and Cambridge. Continue reading at The Bookseller

[ The Bookseller | 2018-10-19 00:00:00 UTC ]
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Industry Notes: Amazon ‘Prime Book Boxes’ for Children; National Book Festival September 1

Having tested the program on an invitational basis for three months, Amazon rolls out its children's book boxes offer to the US Prime membership. And the Library of Congress holds its annual National Book Festival this weekend. The post Industry Notes: Amazon ‘Prime Book Boxes’ for Children;... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-31 00:00:00 UTC ]
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Amazon Profits Soar

For the quarter ended June 30, 2018, operating income at Amazon increased to $3.0 billion, compared with operating income of $628 million in the second quarter of 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating income