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 ]
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Amazon's Naggar tells publishers to slash ebook prices

Amazon’s publishing chief David Naggar has said publishers should slash their ebook prices to 99p to sell more books. Continue reading at The Bookseller

[ The Bookseller | 2017-09-06 00:00:00 UTC ]
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Despacito drives Bertelsmann to record €500m profits

Song of the summer and TV shows American Gods and 13 Reasons Why boost German media groupThe global success of 2017’s song of the summer, Despacito, together with sales of the TV series American Gods and the popularity of controversial book-turned-Netflix series 13 Reasons Why has helped drive... Continue reading at The Guardian

[ The Guardian | 2017-08-31 00:00:00 UTC ]
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Profits at PRH Rise, on Small Sales Gain, in First Half of 2017

Strong print and audio sales at Penguin Random House countered soft ebook sales to increase revenue 1.1% in the first half of the year. Earnings at the publisher rose 11.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-31 00:00:00 UTC ]
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Amazon Opens Latest NYC Store at 34th Street

At the opening of its 11th bricks and mortar bookstore this morning, which is located across the street from the Empire State Building in New York City, Amazon said it will be continuing to open a number of new stores in 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-29 00:00:00 UTC ]
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Amazon slashes Whole Foods prices; supermarket shares plummet

Online retailer Amazon is to slash prices at US supermarket chain Whole Foods Market Inc in a move which could threaten supermarket rivals. Continue reading at The Bookseller

[ The Bookseller | 2017-08-26 00:00:00 UTC ]
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Trump tweet causes Amazon's stock to fall $5bn

Amazon had $5bn (£3.8bn) wiped off its stock market valuation after the US president Donald Trump hit out at the e-commerce giant for doing “great damage to tax paying retailers” in a tweet. Continue reading at The Bookseller

[ The Bookseller | 2017-08-18 00:00:00 UTC ]
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Amazon rejects advertisement for Kapiti author's book for being 'too provocative'

Amazon has rejected a Kiwi author's advertisement for her debut novel, stating the cover and content is too provocative. Continue reading at Stuff

[ Stuff | 2017-08-17 00:00:00 UTC ]
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Turnover soars at Carlton Books' parent

Turnover at Jonathan Goodman Publishing, parent company of Carlton Books and Andre Deutsch, soared last year according to accounts filed on Companies House. Continue reading at The Bookseller

[ The Bookseller | 2017-08-17 00:00:00 UTC ]
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Amazon plans Prime Video shows with ‘Walking Dead’ creator

It looks like we're not finished with deals between comic book creators and online movie studios. Hot on the heels of Netflix announcing its acquisition of Mark Millar's comic book empire Millarworld comes news from Amazon. The company now has a firs... Continue reading at Engadget

[ Engadget | 2017-08-11 00:00:00 UTC ]
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Amazon UK Services sales soar but corporation tax payments halve

Turnover at Amazon's UK Services arm soared past £1bn for the first time in 2016, accounts filed on Companies House have revealed. Continue reading at The Bookseller

[ The Bookseller | 2017-08-10 00:00:00 UTC ]
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HC Profits Rise in Fiscal 2017

Although sales in the fiscal year, ended June 30, fell slightly from fiscal 2016, earnings increased 7.5% to $199 million at HarperCollins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-10 00:00:00 UTC ]
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Self-published archaeological thriller takes £20,000 Amazon award

The Relic Hunters by David Leadbeater is inaugural winner of online retailer’s DIY publishing prizeThe writer David Leadbeater has struck gold with his self-published archaeological thriller, The Relic Hunters, scooping up the first Amazon Kindle Storyteller award.Leadbeater pronounced it “a... Continue reading at The Guardian

[ The Guardian | 2017-07-28 00:00:00 UTC ]
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Amazon Suffers Major Earnings Drop in Q2

Increased investment led to a 51% decline in operating income in the second quarter of 2017 compared to the second quarter of 2016, Amazon reported Thursday afternoon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
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Amazon to double R&D roles as it moves to Shoreditch

Amazon has said it will double its number of research and development roles in London as it opens a new UK head office boosting its overall workforce with 5,000 new jobs across the country this year. Continue reading at The Bookseller

[ The Bookseller | 2017-07-26 00:00:00 UTC ]
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Wicks dominates print in Amazon Summer Trends report

Joe Wicks has claimed three spots on a ranking of Amazon’s top 10 bestselling print books, in a list dominated by non-fiction and lifestyle titles. Continue reading at The Bookseller

[ The Bookseller | 2017-07-26 00:00:00 UTC ]
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iBooks Bestsellers: Michael Connelly’s Female Detective Soars

Michael Connelly’s ‘The Late Show’ starring a new character, Renee Ballard, debuted at #1 on the iBooks bestsellers list this week after a surge of coverage in the ‘Washington Post,’ 'Time', and other outlets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-26 00:00:00 UTC ]
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Profits Double at EDC

Net earnings at Educational Development Corp. rose to $1.2 million in the quarter ended May 31, 2107 over the comparable period a year ago. Sales were up 20%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
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Best of the week: Amazon makes push for video publishers

This week, our top stories examined Amazon’s video platform and Facebook’s tool that will give publishers more Instant Articles performance data. The post Best of the week: Amazon makes push for video publishers appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-07-21 00:00:00 UTC ]
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Scholastic Aims to Improve Profits

Scholastic has started Scholastic 2020, a companywide initiative to reduce operating costs and expand revenue opportunities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
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Amazon boosts kids' reading app with Signature Stories

Reading app Amazon Rapids has extended its offering with Signature Stories, a feature which introduces stories from its TV shows. Continue reading at The Bookseller

[ The Bookseller | 2017-07-19 00:00:00 UTC ]
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