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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Scholastic Sales Rise, Charges Curb Earnings

Revenue at Scholastic rose 1.5% in the second quarter ended November 30, to $623.2 million, and net income declined to $58.3 million from $61.8 million in the second quarter of fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-19 00:00:00 UTC ]
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Amazon's bestselling titles of 2013 include Dan Brown, Khaled Hosseini

Amazon's 2013 list of bestselling adult titles includes Brown's 'Inferno' and Hosseini's 'And the Mountains Echoed,' while Veronica Roth's 'Allegiant' tops the children's bestseller list. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #khaled hosseini #bestselling titles #mountains echoed #veronica roth #bestseller list


Can a Fixed Book Price Law Stem Poland’s Sales Slump?

Amid a general book market decline, the Polish Chamber of Books (PIK) has drafted a bill which is set to introduce fixed prices for new book releases for 18 months after publication. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales slump #book releases


Nostalgia Drives Polish Children’s Book Sales Boom

A revival in classic illustrated books is helping Poland's children's book market boom, says Katarzyna Domańska of publisher Dwie Siostry. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-12-18 00:00:00 UTC ]
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PA Group sale of MeteoGroup provides cash bonus for DMGT and Trinity

Daily Mail and Daily Mirror parent companies to get share of weather information business's €190m sale to General AtlanticThe owners of the Daily Mail and Daily Mirror are among a group of publishers sharing a pre-Christmas windfall of £50m, thanks to PA Group's €190m (£126m) sale of its weather... Continue reading at The Guardian

[ The Guardian | 2013-12-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #5% stake #50% stake


When will publishers wake up to the challenge of Amazon?

The books industry still underestimates the disruptive power of Jeff Bezos's awesome ambitionSo Amazon are the bad guys, again. At least according to Harper's Magazine they are. For the former Amazon employee James Marcus, Brad Stone "drops the ball" in his biography of Jeff Bezos, The... Continue reading at The Guardian

[ The Guardian | 2013-12-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #literary culture


Pearson Foundation pays £4.7m in 'for-profit' settlement

The charitable arm of education publisher Pearson, the Pearson Foundation, will pay $7.7m (... Continue reading at The Bookseller

[ The Bookseller | 2013-12-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #charitable arm #pearson foundation


After massive layoffs, Martha Stewart names a new ad sales chief

After swinging the ax on about 75 employees Thursday — several of them top executives in the advertising group — Martha Stewart Living Omnimedia has promoted Amy Wilkins to head of advertising, sales and marketing, the company said Friday.Ms. Wilkins, the publisher of Martha Stewart Weddings,... Continue reading at Crains New York

[ Crains New York | 2013-12-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing revenues #ad pages #keen eye #meredith corp


October Bookstore Sales Dip

Bookstore sales slipped 1% in October, to $799 million, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-13 00:00:00 UTC ]
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Did sales affect Time's pick for Person of the Year?

Did Time magazine pick Pope Francis as its Person of the Year because he'll sell more magazines than Edward Snowden? That's what some media outlets and Twitter users suggested Wednesday after the new pontiff beat out Mr. Snowden for the recognition.Business Insider, for instance, wrote:"Snowden,... Continue reading at Crains New York

[ Crains New York | 2013-12-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #vast majority #single-copy sales #declining steadily #broader trend #president obama #mark zuckerberg


Did Newsstand Sales Affect Time's Choice for Person of the Year?

Did Time magazine pick Pope Francis as its Person of the Year because he'll sell more magazines than Edward Snowden? That's what some media outlets and Twitter users suggested Wednesday after the new pontiff beat out Mr. Snowden for the recognition.Business Insider, for instance, wrote:"Snowden,... Continue reading at Advertising Age

[ Advertising Age | 2013-12-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media outlets #business insider #pope francis


HarperCollins' Murray on 'frenemy' Amazon

HarperCollins Worldwide c.e.o. Brian Murray has described Amazon as a "frenemy", and... Continue reading at The Bookseller

[ The Bookseller | 2013-12-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins worldwide #brian murray


Study Charts International Sales for Nobel Winner

How much difference does a Nobel win make to sales? BookNet Canada charted dramatic numbers for Alice Munro's books in 10 countries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #alice munro


Amazon's new imprint StoryFront will publish short stories

The new imprint of the online bookseller has already released works by authors including William Lashner and Rebecca Adams Wright. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-12-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online bookseller


Annuals sales reveal brand power

The top three bestselling annuals in 2013 are growing year on year both in terms of value and... Continue reading at The Bookseller

[ The Bookseller | 2013-12-05 00:00:00 UTC ]
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Amazon launches short story imprint

Amazon Publishing has launched a new digital short story imprint in the US called StoryFront.... Continue reading at The Bookseller

[ The Bookseller | 2013-12-04 00:00:00 UTC ]
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BuzzFeed Said to Expect 2014 Sales of Up to $120 Million

BuzzFeed, the online publisher of news, lists and quizzes that are designed to be shared on social media, is forecasting revenue of as much as $120 million in 2014, said two people with knowledge of its financials.The sales level will depend on how many advertising deals are booked next year,... Continue reading at Advertising Age

[ Advertising Age | 2013-12-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online publisher #$60 million #web traffic #top ranks #$40 million #growing faster


Amazon’s Australian Kindle store: an unhappy ending for the book industry?

Amazon has been prising open the wallets of Australian consumers for years – but what will its local push on Kindle mean for readers, writers and publishers?Ben Eltham Continue reading at The Guardian

[ The Guardian | 2013-12-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book industry


Supreme Court Won't Hear Amazon Appeal in NYS Tax Case

New York State’s collection of online sales tax has withstood a legal challenge by Amazon and Overstock, as the U.S. Supreme Court decided this morning not to hear an appeal of a March ruling by New York’s top court that found that the state could impose the tax. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #york state #legal challenge


Burns joins Bloomsbury as children’s sales director

Bloomsbury Publishing has appointed Elise Burns as children’s sales director. She will... Continue reading at The Bookseller

[ The Bookseller | 2013-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales director #bloomsbury publishing