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 ]
News tagged with: #operating income

Other news stories related to: "Amazon Profits Soar"


Publishing Industry Speculates About Expansion Plans for Amazon Books

Opinions were mixed about what Amazon's rumored plans to open more physical bookstores could mean for the publishing industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-05 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #publishing industry #physical bookstores #expansion plans #amazon books


Mall Operator Says Comment ‘Not Intended To Represent Amazon’s Plans’

General Growth Properties states that its CEO's comment about Amazon bookstore expansion "was not intended to represent Amazon's plans" after widespread speculation about hundreds of new stores sweeps industry. The post Mall Operator Says Comment ‘Not Intended To Represent Amazon’s Plans’... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-02-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #mall operator


Hell, yeah, Amazon should open more bookstores

There is collective head-scratching across the InterWebs about a Wall Street Journal report that Amazon will open as many as 300, or even 400, stores selling books. The company's massive success selling ebooks and the cost and selection advantages of warehousing their physical counterparts make... Continue reading at Betanews

[ Betanews | 2016-02-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #collective head-scratching


Amazon To Open Hundreds Of Brick-And-Mortar Bookstores

After putting booksellers out of business, Amazon is set to open its own retail chain.Amazon, the online retailer that killed off so many independent bookshops, is getting ready to launch its own brick-and-mortar book chain. According to the Wall Street Journal, the CEO of a major mall operator,... Continue reading at Fast Company

[ Fast Company | 2016-02-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #independent bookshops #online retailer #retail chain #brick-and-mortar bookstores #open hundreds #amazon intends


Amazon Kindle gets an update, brings improved home screen and more

When it comes to reading books, things have changed quite a bit since school days, well, depending on your age. Now many people read books on electronic devices and, while tablets are fine, the Amazon Kindle leads the way. Amazon is planning to roll out a big update to its handheld devices.... Continue reading at Betanews

[ Betanews | 2016-02-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #home screen #handheld devices #school days #reading books #book recommendations #big update


Is Amazon Opening More Bookstores? It's Hiring Booksellers.

While the mall operator who said on Tuesday that Amazon intends to open up to 400 bookstores is backtracking, the tech giant has posted job openings for several bookstore positions in the San Diego/La Jolla area. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #tech giant #amazon intends #mall operator #amazon opening


Amazon Rumored to Be Opening 400 Bookstores

In discussing fourth quarter results, the CEO of one of the country's largest mall operators said it is his understanding that Amazon's goal is to open 300 to 400 bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-02 00:00:00 UTC ]
More news stories like this |


Amazon Recruits Comedians, Engineers for Expanding Audio Service

Amazon.com Inc. is ramping up its investment in podcasts and other radio-style shows to expand the types of programming it offers via Audible, the audio book company it acquired in 2008.Audible has recruited well-known comedians, along with radio and podcast producers for the initiative, and job... Continue reading at Advertising Age

[ Advertising Age | 2016-01-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #music streaming #tv shows #laundry detergent #selling books


JK Rowling's empire lowers the drawbridge, boosts profits

The renowned author's digital publishing house, Pottermore, has retained a monopoly on the sale of Harry Potter ebooks and audio titles ever since its launch. But times they are a-changing, and the company's strategy is undergoing seismic shifts. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-01-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #audio titles #renowned author #jk rowling


Amazon Sales Top $100 Billion

Total revenue at Amazon hit $107 billion in 2015, a 20% increase over sales in 2014. Operating income jumped to $2.2 billion in the year, from $178 million in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #20% increase #total revenue


At Authors United Event, a Call to Bust Amazon 'Monopoly'

If Amazon’s business practices continue unchecked the result could be a “nuclear winter” for book publishing, said Smashwords founder Mark Coker during a Jan. 27 event called Amazon’s Book Monopoly—A Threat to Freedom of Expression? Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-28 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book publishing


Winter Institute 11: Authors United Still Wants DoJ Probe of Amazon

“The central problem is still with us,” Authors United founder Douglas Preston said, referring to Amazon, at a Winter Institute session called Authors, Agents, and Booksellers--United for a Fair Marketplace. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-25 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #fair marketplace #authors united


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 | All news stories tagged with: #american communities #online retailing #devastating impact


Authors United event to discuss Amazon's 'misuse of power'

Campaign group Authors United is set to hold an event to discuss Amazon’s “enormous market power” and the "misuse" of that power, in Washington DC next week. The event, to be held on Wednesday 27th January at the New American Foundation, is entitled Amazon's Book Monopoly: A Threat to Freedom... Continue reading at The Bookseller

[ The Bookseller | 2016-01-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #free flow


Authors United to Host Amazon Discussion

The author advocacy group critical of Amazon known as Authors United has joined with the Authors Guild to host a discussion about the retailer’s power and influence in the book trade. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book trade #authors guild #authors united


Amazon Echo can read your Kindle books aloud on request

You don't even need to lift a finger when you're done playing Jeopardy! on Amazon Echo and want to relax with a book. Simply say "Alexa, read [Kindle book title]," and the voice assistant will start narrating almost anything you purchased from the Ki... Continue reading at Engadget

[ Engadget | 2016-01-17 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #amazon echo


Earnings soar for UK's bestselling authors as wealth gap widens in books industry

New study reveals Julia Donaldson, David Walliams and JK Rowling lead the top 1% of authors, who account for nearly a third of all UK book salesThe gap between publishing’s rich and poor continues to widen, as figures from Nielsen BookScan reveal that the top 50 authors account for more than 13%... Continue reading at The Guardian

[ The Guardian | 2016-01-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #jamie oliver #ladybird parodies #bestselling series #writing duo #jason hazeley #joel morris #jk rowling #sixth year


Amazon Prime now offers 20 percent off all new video game releases, with a catch

Amazon’s been steadily expanding the list of benefits you receive with a $99 Prime membership—two-day shipping, a library of music and movies to stream, the ability to “borrow” Kindle books—and today it added video games to the list. Sort of. Prime members now get 20 percent off video game... Continue reading at PC World

[ PC World | 2016-01-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital copy #eventually end #prime members #amazon prime


Amazon, EDC Drive Big Jump in Publishing Industry Stocks

The Publishers Weekly Stock Index jumped 59.2% in 2015 over 2014, propelled in part by a huge boost from Amazon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-08 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #huge boost


Amazon Keeps Firm Grip on E-book Market, Even as the Format Loses Market Share

With sales of ebooks slipping and print books enjoying a mild rebound, ebooks’ share of consumer spending on books has declined over the past two years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #consumer spending #e-book market #firm grip