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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American Booksellers to Fight Amazon Through Negative Publicity

The ABA's CEO sent an open letter to independent booksellers encouraging them to publicize Amazon as a company "detrimental" to the book business and buyers. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-08-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #american booksellers #fight amazon #open letter #book business


Amazon Busy Negotiating First Russian Ebook Contracts

Amazon has contracted Rosman to supply its first ebook titles for sale in Russia. For now, the retailer is concentrating on digital in lieu of establishing a Russian print supply chain. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook titles


Will Amazon and Washington Post Work Together? Who Knows?!

While the media industry reels from the news that Jeff Bezos purchasing the Washington Post, it's still anyone's guess as to what the Amazon founder plans to do with the paper. An even more intriguing question is, will Amazon and the Post even mingle? Or steer clear of each other? Bezos, it's... Continue reading at AdWeek

[ AdWeek | 2013-08-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #short term #longer term #special offers #well-deserved reputation #forrester research


Amazon's Marneur acquires Mel Sherratt

Amazon Publishing senior acquisitions editor Emily Marneur has made her first two acquisitions... Continue reading at The Bookseller

[ The Bookseller | 2013-08-06 00:00:00 UTC ]
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Losses Taper Off for UBM Events in Q2

UBM events rebounded from a tough first quarter, but still experienced year-over-year losses in the first half of 2013. Continue reading at Folio Magazine

[ Folio Magazine | 2013-08-05 00:00:00 UTC ]
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Fresh workforce controversy for Amazon

Amazon has faced fresh allegations about its treatment of workers after an investigation of... Continue reading at The Bookseller

[ The Bookseller | 2013-08-02 00:00:00 UTC ]
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Amazon jobs are 'a great example of what's possible,' says Obama as more indie booksellers object

President Obama appeared as scheduled at a Chattanooga, Tenn., Amazon warehouse and praised the business, causing even more independent booksellers to express their displeasure with his endorsement. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-08-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon warehouse #independent booksellers


Times gains digital subscribers, but ad sales drop

New York Times Co., the newspaper publisher controlled by the Ochs-Sulzberger family, reported second-quarter profit that beat analysts' estimates as it drew more subscribers for its digital editions.Excluding some items, profit was 14 cents a share, the company said today in a statement.... Continue reading at Crains New York

[ Crains New York | 2013-08-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital offerings #arthur sulzberger #digital efforts


Second Quarter Earnings Jump at S&S

Second quarter sales at Simon & Schuster held even at $189 million in the period ended June 30, 2013, while operating income jumped to $20 million from $7 million in last year’s second quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales #$189 million #$20 million #$7 million


Sales, Earnings Down at Harlequin

Revenue fell 7% at Harlequin in the second quarter ended June 30, to C$99.5 million, and operating earnings dropped to C$10.5 million from C$18.1 million in the second quarter of 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-07-31 00:00:00 UTC ]
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A.H. Belo and Journal Publishing revenues Drop

The newspaper industry was hit with more bad news mid-week, as the Cleveland Plain Dealer made deep cuts to its newsroom, and several newspaper publishers reported more revenue declines. The Plain Dealer, owned by Advance Publications, delivered ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #newspaper industry #advance publications


Nook and Amazon in 99p frontlist offer

A Nook promotion of "Hot Summer Books" is selling ebooks of frontlist titles from... Continue reading at The Bookseller

[ The Bookseller | 2013-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #selling ebooks #frontlist titles


Obama's embrace of Amazon dismays many booksellers

President Obama will highlight Amazon as 'a perfect example of the company that is investing in American workers and creating good, high-wage jobs,' according to the White House. Independent booksellers aren't pleased. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #president obama #white house


Are Overstock.com and Amazon in a price war?

Overstock.com is offering 'tens of thousands' of books at '10 percent off Amazon's book prices.' Now Amazon has reduced the prices of many of its bestsellers by as much as 50 to 65 percent. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book prices #price war


Obama appearance at Amazon warehouse angers booksellers

President Obama has angered the American Booksellers Assn. with a planned appearance Tuesday at an Amazon warehouse.President Obama, who faithfully shops at independent bookstores when given the chance, has angered the American Booksellers Assn. with a planned appearance Tuesday at an Amazon... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #president obama #amazon warehouse #independent bookstores


Are Amazon's new book discounts a 'declaration of war'?

The online bookseller had dropped prices on some of its top-selling hardcovers, as much as 64% off retail.Bargain book shoppers must have been pleased looking at Amazon's bestseller list this weekend: The online bookseller had dropped prices on some of its top-selling hardcovers, as much as 64%... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book discounts #online bookseller #bestseller list


Amazon hikes sales, but posts $7m loss in second quarter

Amazon posted a surprise loss of $7m (or £4.56m) in its second quarter, despite achieving a... Continue reading at The Bookseller

[ The Bookseller | 2013-07-26 00:00:00 UTC ]
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Amazon's Kindle Singles will include interviews with 'iconic figures'

Amazon's Kindle Singles will feature interviews with some of the world's biggest names as part of their Kindle Singles store. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-26 00:00:00 UTC ]
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Amazon Kicks Off 'Kindle Singles Interview' Series

Expanding the range of its Kindle Singles offerings, Amazon has kicked off an interview series on the e-reader. The first installment of "The Kindle Singles Interview" series features Israeli President Shimon Peres, who was interviewed by Tablet magazine's literary editor, David Samuels. Amazon... Continue reading at AdWeek

[ AdWeek | 2013-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #established authors


Digital Drives Amazon Second Quarter Sales

Total revenue at Amazon rose 22% in the second quarter ended June 30, to $15.70 billion, while operating income fell 26%, to $79 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales #total revenue #$79 million