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 ]
News tagged with: #rapid growth #profits jumped #$256 million

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Amazon Publishing Expands

Amazon has made new additions to its publishing teams in the company's New York and London offices. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing teams #london offices


Authors take out full-page NYT ad to criticize Amazon

There's no sign that Amazon and Hachette are close to burying their ebook hatchet, which has prompted the authors caught in the middle to speak up. One of those affected, Douglas Preston, penned an open letter to Jeff Bezos, requesting that he... Continue reading at Engadget

[ Engadget | 2014-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #douglas preston #open letter #jeff bezos


Eoin Purcell to head Amazon Publishing UK

Eoin Purcell, formerly editorial director of New Island Books in Dublin, has been appointed to... Continue reading at The Bookseller

[ The Bookseller | 2014-08-08 00:00:00 UTC ]
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Bestselling authors take out full-page New York Times ad against Amazon

Stephen King and Donna Tartt among those petitioning Amazon to 'stop harming the livelihood of the authors'Readers of the New York Times will have to steel themselves this weekend, as the unseemly brawl between Hachette and Amazon erupts on to the tranquil pages of the Grey Lady. Perhaps the... Continue reading at The Guardian

[ The Guardian | 2014-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest salvo #james patterson #years ahead


How Four Magazines Increased Their Newsstand Sales

Among the magazines with the largest number of single-copy sales, only four saw increases at the newsstand through the first half of 2014: Prevention and Women's Health, which are owned by Rodale; HGTV Magazine, a joint venture between Hearst and Scripps; and All You, a Time Inc.... Continue reading at Advertising Age

[ Advertising Age | 2014-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #joint venture #june compared #year earlier #report thursday #audited media #source interlink #sports illustrated


Barnes & Noble looks to Google to rival Amazon's same-day book deliveries

Need that yoga for dogs book yesterday? You can now get it "today" at least from Barnes & Noble, who have joined Amazon with same-day book deliveries. It's enlisting an odd partner for the service: Google, one if its competitors in the ebook space.... Continue reading at Engadget

[ Engadget | 2014-08-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #rival amazon #joined amazon


Over 900 Authors Sign Open Letter to Amazon

Authors United, the loosely knit group of authors who joined forces to formally ask Amazon to end its sales terms dispute with Hachette Books, is preparing to run a full-page ad in Sunday's "New York Times." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-08-06 00:00:00 UTC ]
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'Lost' Dr Seuss tales to go on sale

Four stories by children's author Dr Seuss, including early incarnations of Horton and The Grinch, are to be published 60 years after last being seen. Continue reading at BBC News

[ BBC News | 2014-08-01 00:00:00 UTC ]
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Amazon Explains Why It Thinks $9.99 is the Right Price for Ebooks

On the Kindle forum, Amazon said it wants to price most eBooks at $9.99, claiming lower prices will sell more books and return more money to authors. Many disagree. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-08-01 00:00:00 UTC ]
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Lagardere reports hit to Hachette US ebook sales

Hachette Book Group's ebook sales declined in the first half of 2014, and the impact of the... Continue reading at The Bookseller

[ The Bookseller | 2014-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook sales


Local World posts adjusted profits of £38.9m

David Montgomerys local newspaper publisher earns DMGT and Trinity Mirror shared payout of more than £22mDavid Montgomerys Local World made adjusted profits of £38.9m last year, providing shareholders Daily Mail & General Trust and Trinity Mirror with a healthy payout of more than £22m to... Continue reading at The Guardian

[ The Guardian | 2014-07-31 00:00:00 UTC ]
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Amazon to Hachette: Lower ebook prices and we won't ask for more of the revenues

Amazon recently extended a public challenge to Hachette, saying that if the publisher will lower ebook prices to $9.99, the company won't ask for a larger share of the revenues. This is the first time Amazon has publicly shared details of the dispute between the two companies. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-07-31 00:00:00 UTC ]
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Amazon Is Experimenting With A New Homepage Design

The newer, flatter design puts Kindle, Fire, and Prime categories front and center.Amazon has unveiled a new homepage design to select users, placing a new emphasis on the retail giant's biggest brands: the Kindle ebook platform, its Fire lineup of tablets and smartphones, and the Prime... Continue reading at Fast Company

[ Fast Company | 2014-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #retail giant #biggest brands #huge library #digital content #yearly fee


Amazon says $9.99 ebooks will boost revenue, including for Hachette

Amazon.com believes that pricing ebooks at US$9.99 will boost sales by over 74 percent as the books are highly price-elastic.If customers would buy 100,000 copies of a particular ebook at $14.99, then they would buy 174,000 copies of the same ebook at $9.99, boosting total revenue to $1.7... Continue reading at PC World

[ PC World | 2014-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pricing ebooks #boost revenue #boost sales #post tuesday


Amazon Claims $9.99 E-books Create 'Bigger Pie'

Amazon claims a "key objective" in its ongoing dispute with Hachette is to keep ebook prices low and competitive with other other media. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-30 00:00:00 UTC ]
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Amazon: 'Hachette paying authors too little on ebooks'

Hachette Book Group is “sharing too small a portion” of the revenue from ebooks with... Continue reading at The Bookseller

[ The Bookseller | 2014-07-30 00:00:00 UTC ]
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Preston: authors 'feel betrayed' by Amazon dispute

Books “should not be treated as if they’re boxes of cereal occupying grocery store... Continue reading at The Bookseller

[ The Bookseller | 2014-07-30 00:00:00 UTC ]
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Amazon runs the numbers to convince you that ebooks should be cheaper

After unsuccessfully trying to charm authors, Amazon is now appealing to its customers during the ongoing war with Hachette. The retailer has revealed the reasons behind the spat, i.e. cheaper ebook prices, and the noble intentions behind it. Using... Continue reading at Engadget

[ Engadget | 2014-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon runs #ongoing war


Harlequin Results Down; Sale to Close in Days

With Harlequin’s sale to HarperCollins expected to be completed before the end of the week, the publisher reported a decline in sales and earnings in the second quarter of 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-30 00:00:00 UTC ]
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Profit falls at restructuring Wolters Kluwer

Dutch publishing and information services company Wolters Kluwer has announced revenues down 1%... Continue reading at The Bookseller

[ The Bookseller | 2014-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dutch publishing