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 ]
News tagged with: #operating income

Other Publishing stories related to: 'Amazon Suffers Major Earnings Drop in Q2'

Amazon's 2012 tax bill revealed

Amazon.co.uk paid £3.2m in UK tax last year, after making £7.7m in profit, according... Continue reading at The Bookseller

[ The Bookseller | 2013-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk tax

In ebook case, Apple says publishers had already taken measures to counter Amazon

Concerned about Amazon.com's low pricing of ebooks, publishers had taken measures as early as 2009 such as "windowing," a practice of delaying ebook releases to benefit sales of hardcover editions, Apple said in a filing in an ebook price-fixing lawsuit.The U.S. Department of Justice in an... Continue reading at PC World

[ PC World | 2013-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #low pricing #hardcover editions #antitrust lawsuit #agency model #district court #southern district #app store

'Major’ summer push for Snicket

Egmont plans “major” campaigns, including TV advertising, for two summer titles from... Continue reading at The Bookseller

[ The Bookseller | 2013-05-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #summer titles

Jobs to go as Harlequin sees sales drop

Harlequin parent company Torstar has announced restructuring in its book publishing and general... Continue reading at The Bookseller

[ The Bookseller | 2013-05-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book publishing

Barnes & Noble drops Nook prices, eyes Mother's Day sales boost

Barnes & Noble knows it's not winning the tablet race by any margin, but the book retailer is hoping for a big boost for Mother's Day. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-05-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #book retailer #big boost

Amazon's new China app store could help pave way for Kindle products

Amazon.com has updated its mobile app store to include support for its Chinese customers, in a sign that the U.S. company could be preparing to sell its Kindle e-readers and tablets in the country.The update effectively launches a new version of Amazon's app store built in the Chinese language.... Continue reading at PC World

[ PC World | 2013-05-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #immediately respond #official sales #mark natkin #chinese consumers #overseas markets

Amazon Appstore launches in China, continues its world tour

Amazon let its world domination plans be known last month when it asked developers to start submitting apps to line its virtual displays in more countries. While China was notably absent from immediate expansion plans, Amazon launched its Appstore there during the weekend, opening the doors to... Continue reading at Engadget

[ Engadget | 2013-05-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #world tour #notably absent #expansion plans #company launched #ebook store

Time Warner 1Q earnings climb

Earnings at Time Warner Inc. grew 24% in the first three months of the year despite a slight drop in revenue, as the company benefited from strength in its television networks.Time Warner Inc. said Wednesday that first-quarter net income was $720 million, or 75 cents per share, compared with... Continue reading at Crains New York

[ Crains New York | 2013-05-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #including hits #magazine business #$737 million #2% increase #sports illustrated #conference call

Amazon's sales increase 22% in first quarter

Amazon has reported a 22% rise in sales over the last three months, the same growth increase as... Continue reading at The Bookseller

[ The Bookseller | 2013-04-26 00:00:00 UTC ]
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Quarto sees revenue drop in first quarter

Illustrated book publisher Quarto has announced its first quarter results, with group revenue... Continue reading at The Bookseller

[ The Bookseller | 2013-04-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter results #group revenue

Amazon petition handed to Number 10

A husband-and-wife bookselling team have described handing a petition into Downing Street calling... Continue reading at The Bookseller

[ The Bookseller | 2013-04-24 00:00:00 UTC ]
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Amazon to Open Ebookstore in Russia, Taking on LitRes, Ozon

Amazon is hiring for positions in Russia, suggesting its Kindle ebookstore will open there soon and where they will take on several established, but not yet dominant, competitors. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-04-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle ebookstore

Fifty Shades contributes to Quercus sales drop

Quercus has announced its preliminary results for 2012, with a a fall in both profits and revenue... Continue reading at The Bookseller

[ The Bookseller | 2013-04-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #preliminary results

What Would Happen Amazon Gave Every Ebook Away for Free?

Last week two of China's leading ebookstores Dangdang.com began offering nearly all of their ebooks for free, a move criticized by authors and publishers alike. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-04-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers alike

Jingdong Battles Dangdang, Amazon for China’s Online Book Buyers

Jingdong, China's third place commercial online bookstore, is boosting its challenge to Dangdang and Amazon's dominance by focusing on service and international titles. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-04-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #international titles

Can Amazon Transform TV?

Last Friday, when Amazon made 14 original TV pilots available for free viewing on its streaming video service, it launched an experiment that could do to TV production what the Internet juggernaut did to the book trade. The polite business term is disruption, but that’s not the word people whose... Continue reading at Slate

[ Slate | 2013-04-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tv production #book trade

Amazon Snaps Up Goodreads, A Partner Apple Wanted

This article branches off of a longer story we're tracking called Apple's New Technology Partners: What Developers Need To Know.Steve Jobs once said said, "people don't read anymore." He wasn't the only tech pundit pronouncing books dead in the middle of the last decade, as people turned to... Continue reading at Fast Company

[ Fast Company | 2013-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook stores #form partnerships #tech giants #deal worth #$200 million

Amazon reportedly launching in Russia, goes on Kindle-related hiring spree

Amazon is fleshing out its international empire. The company has already conquered the US, Japan, UK and Canada, and has even launched an ebook assault on the Chinese mainland. Now it looks like the online giant has settled on its next target: Russia. According to a report in the Russian edition... Continue reading at Engadget

[ Engadget | 2013-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle content #linkedin profile #important step #streaming video #ereader market