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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German Powerhouses Launch Tolino Ebook Platform to Take On Amazon

German Thalia, Weltbild, Hugendubel, as well as Bertelsmann and Deutsche Telekom, have launched Tolino, a new ebook platform to compete with Amazon. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-03-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #deutsche telekom #ebook platform


Why is Amazon Trying to Squash Availability of Free Ebooks?

Amazon's decision not to pay commission to affiliate sites linking to free Kindle ebooks likely signals a shift in strategy, and has affiliates up in arms. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #free ebooks


Poor Nook Sales Sink Barnes & Noble's Revenues

The ebook is still central to B&N's strategy, but it's not selling. Barnes & Noble revealed disappointing third quarter finances this morning, including a serious decline in revenues from its Nook digital e-readers. Overall revenues were $2.2 billion, down 8.8% year on year, and its... Continue reading at Fast Company

[ Fast Company | 2013-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #8% year #device sales #$55 million #company remains #reduce costs #company revealed


Did Amazon Just Kill a Golden Goose?

By curtailing paid commission to free ebook listing sites, Amazon is penalizing the big traffic producers that generate brand loyalty and other purchases. But why? Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-02-28 00:00:00 UTC ]
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'Systematic transformation' ups profits at Reed Elsevier

Reed Elsevier has reported revenue and pre-tax profit growth in 2012, with the company saying it... Continue reading at The Bookseller

[ The Bookseller | 2013-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #reed elsevier #reported revenue


Amazon's Kindle Gets Exclusive Role In New PTA Family Reading Program

Amazon's got a new Kindle promotion vehicle, thanks to the National PTA, which wants to boost kids' reading with their families. Amazon's Kindle is the exclusive sponsor of the new Family Reading Experience program that the National PTA wants to roll out across the U.S. to boost kids' reading... Continue reading at Fast Company

[ Fast Company | 2013-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #picture books #great means #huge library #real books #rival apple


Tribune Co. hires investment bankers to explore sale of newspaper unit

Tribune Co. has hired investment bankers to advise the media company on the sale of its newspaper publishing unit, according to a source familiar with the matter. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #explore sale #newspaper unit #media company #source familiar


Children's book sales boosted by half-term break

Sales of books for children surged in the UK last week, as schools broke for the spring half-term... Continue reading at The Bookseller

[ The Bookseller | 2013-02-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #schools broke


Profits fall at Penguin in 'momentous' year

The Penguin Group saw a 1% rise in sales to £1.05bn in 2012 (£1.04bn in 2011).... Continue reading at The Bookseller

[ The Bookseller | 2013-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #penguin group #profits fall #1% rise


Three indie bookstores file lawsuit against Amazon and Big Six publishers

The stores charge that secret agreements made between the publishers and Amazon give Amazon the advantage in selling ebooks, but some industry observers find flaws in their logic. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #selling ebooks


APN Posts Profit of A$54m For 2012

Australian publisher APN has posted a profit after tax before exceptional items of A$54m (€42m) for the year ended 2012 in line with expectations. The company said that net debt has been reduced by A$180m while cost initiatives delivered sa ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-02-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #exceptional items #net debt


Amazon makes White Glove push to agents

Amazon is pursuing more direct relationships with literary agents and authors, targeting them... Continue reading at The Bookseller

[ The Bookseller | 2013-02-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #literary agents #direct relationships


Mantel climbs Amazon charts as press storm continues

Hilary Mantel's Wolf Hall has climbed the Amazon charts following saturation media coverage... Continue reading at The Bookseller

[ The Bookseller | 2013-02-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hilary mantel #wolf hall #amazon charts


Daunt questions Amazon warehouse practises

James Daunt has restated his view that Amazon operates in an advantageous fiscal environment in... Continue reading at The Bookseller

[ The Bookseller | 2013-02-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #james daunt


Amazon fires German security firm

Amazon has fired the security company it employed to oversee its warehouse operations over... Continue reading at The Bookseller

[ The Bookseller | 2013-02-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #warehouse operations


Sale of Used E-books Getting Closer

At a time when many independent booksellers both here and abroad are beginning to gain traction selling Kobo ebooks, other retailers are eyeing the secondary market for ebooks and other digital content. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-02-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent booksellers #digital content


Amazon attacked in German documentary

Amazon is said to be involved in a scandal in Germany, with a documentary accusing the retailer... Continue reading at The Bookseller

[ The Bookseller | 2013-02-15 00:00:00 UTC ]
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Bookstore sales dropped just a bit in 2012, says the US Census Bureau

Preliminary estimates from the Census Bureau show that US bookstores as a whole experienced a 0.5 percent decrease in sales for the year of 2012. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #census bureau #preliminary estimates


Time Warner Put the "For Sale" Sign on Time Inc. Last Fall

Jeff Bewkes and company used to insist they wanted to hang on to their magazine business. They stopped saying that in September. Continue reading at AllThingsD

[ AllThingsD | 2013-02-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jeff bewkes #magazine business


Amazon Moves Closer to Selling Used Ebooks

Amazon has patented a technology that allows customers to sell their previously read ebooks, audiobooks, music and movies in the same way that they can now sell print books, DVDs, and CDs. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-02-12 00:00:00 UTC ]
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