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

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Here are the winners of the Sheikh Zayed Book Awards, one of the Arab world’s major literary prizes.

The Sheikh Zayed Book Awards, among the most esteemed and lucrative literary prizes in the Arab world, recognized winners across seven categories today. This year marks the 14th edition of the awards, each of which comes with a cash prize of $204,000. These awards acknowledge literary and... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-08 15:14:35 UTC ]
More news stories like this | News stories tagged with: #zayed book


Amazon Charts: Walliams Slimes into the top spot

David Walliams' Slime (HarperCollins Children's) has ended the reign of Hilary Mantel's The Mirror and the Light (Fourth Estate) in the Amazon Charts' Most-Sold: Fiction number one spot, as Mrs Hinch's The Little Book of Lists (Michael Joseph) sweeps into the Most-Sold: Non-Fiction top spot. Continue reading at The Bookseller

[ The Bookseller | 2020-04-08 01:38:42 UTC ]
More news stories like this | News stories tagged with: #sthe mirror #amazon charts #david walliams #slimeharpercollins children #hilary mantel #lightfourth estate #fiction number #mrs hinch


Need a new quarantine read? Don Winslow drops 'Broken,' stories for our fractured times

The bestselling crime novelist plans a virtual book tour for his new title, "Broken," as the coronavirus keeps him home in Southern California. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-04-07 15:00:38 UTC ]
More news stories like this | News stories tagged with: #southern california #book tour


Amazon prioritises children's books and educational titles experiencing 'strong demand'

Amazon, which has lately has been prioritising household essentials and medical supplies, has said it is now also prioritising products where there is "strong customer demand" – including children's books and educational titles. Continue reading at The Bookseller

[ The Bookseller | 2020-04-07 10:59:19 UTC ]
More news stories like this | News stories tagged with: #medical supplies #educational titles


Pan Mac announces pay reductions and distribution staff furloughed as sales drop over Covid-19

Higher paid staff at Pan Macmillan have been asked to volunteer for a pay reduction and employees at its distribution arm will be furloughed as the publisher unveiled measures to help “safeguard” its business during the Covid-19 pandemic. Continue reading at The Bookseller

[ The Bookseller | 2020-04-03 10:15:37 UTC ]
More news stories like this | News stories tagged with: #covid-19 pandemic #sales drop #distribution arm #pan macmillan


Print Unit Sales Dropped 13.5% in Mid-March

Steep drops in both adult segments led to a 13.5% decline in print unit sales in the week ended Mar. 28, 2020, compared to the similar week in 2019, at outlets the report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
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Live: Publishers postpone major titles until pandemic is over

In light of the coronavirus outbreak and the government's advice regarding social distancing, many publications are being postponed until the new year, to prevent authors missing out on crucial face-to-face promotion.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-03 00:23:37 UTC ]
More news stories like this | News stories tagged with: #coronavirus outbreak #social distancing


Oprah’s Book Club dropped her novel. It still became a best seller.

Kate Elizabeth Russell’s publication experience has been the best of times and the worst of times. Here’s why. Continue reading at The New York Times

[ The New York Times | 2020-04-02 09:00:01 UTC ]
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Amazon Charts: Mantel's reign continues as Kay boomerangs back

Hilary Mantel's The Mirror and the Light (Fourth Estate) has held the Amazon Charts' Most-Sold: Fiction number one, as Adam Kay's This is Going to Hurt bounces back up into the Most-Sold: Non-Fiction top spot. Continue reading at The Bookseller

[ The Bookseller | 2020-04-02 03:13:55 UTC ]
More news stories like this | News stories tagged with: #hilary mantel #amazon charts #reign continues #fiction number #adam kay


‘Everyone feels the pain’: Major digital publishers enact pay and benefits cuts to stanch the bleeding

Several publishers have begun announcing their pay cuts and furlough plans as ad revenue continues drying up. Seeing patterns from previous recessions, former media execs explain why these cost controls are only temporary fixes. The post ‘Everyone feels the pain’: Major digital publishers enact... Continue reading at Digiday

[ Digiday | 2020-03-31 04:01:00 UTC ]
More news stories like this | News stories tagged with: #pay cuts #cost controls #digital publishers


Amazon Expands List of Priority Items

In a new announcement to suppliers and vendors, Amazon said that while it will continue to prioritize products such as household staples and medical supplies, it now has the capacity to add more products to its priority list. It isn't clear if books made the list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-31 04:00:00 UTC ]
More news stories like this | News stories tagged with: #household staples #medical supplies #books made


PubWest to Amazon: Publishing Needs Your Help

PubWest has published an open letter to Amazon CEO Jeff Bezos asking him to support independent publishers by placing a moratorium on certain fees and by making books more of a priority for shipping as soon as possible. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-30 04:00:00 UTC ]
More news stories like this | News stories tagged with: #open letter #making books


Informa bosses to take major salary cuts during coronavirus period

At Informa, parent company of Taylor & Francis, top bosses are to take salary cuts "through the current period of uncertainty created by Covid-19", the company has announced. Continue reading at The Bookseller

[ The Bookseller | 2020-03-27 06:47:25 UTC ]
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Amazon signs memoir on surviving depression by Amanda Prowse and her son

Amazon Publishing imprint Little A has signed a memoir from author Amanda Prowse and her son, Josiah Hartley, about coping with depression within a family. Continue reading at The Bookseller

[ The Bookseller | 2020-03-24 18:02:02 UTC ]
More news stories like this | News stories tagged with: #amanda prowse #josiah hartley #amazon publishing #memoir


Sales, Earnings Rose 6% at PRH in 2019

Revenue at Penguin Random House rose to €3.64 billion last year and earnings increased to €561 million. CEO Markus Dohle noted that despite the record year, the spread of the coronavirus means that the publisher will "have to endure some impact" to its business this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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Shipping Delays Hit Books, Other Products, at Amazon

The surge at Amazon for such items as household staples and health and medical goods has resulted in extended shipping times for other products, including books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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Firm Behind Apple E-books Case Now Suing Amazon for Price Fixing

On March 19, lawyers from Hagens Berman filed a class action suit on behalf of consumers in the U.S. District Court in Seattle, accusing Amazon of a massive horizontal price fixing scheme involving its two million third-party sellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-23 04:00:00 UTC ]
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Amazon returns pre-order ‘buy’ buttons after 48-hour hiatus

Amazon’s “buy" pre-order buttons have been returned for upcoming titles, after they were removed from not-yet-published books for two days to prioritise stocking other high-demand items during the coronavirus pandemic. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 00:36:21 UTC ]
More news stories like this | News stories tagged with: #upcoming titles #coronavirus pandemic


Covid-19 forces widespread bookshop closures as major publishers go remote

The impact of the coronavirus has seen the Booksellers Association issue a rallying cry to the trade, as many publishers enforce home working to safeguard staff. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 23:39:55 UTC ]
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Amazon suspends third-party seller book shipments to warehouses

Amazon has temporarily paused accepting shipments from third-party sellers to its warehouses for products including books owing to the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-18 10:59:48 UTC ]
More news stories like this | News stories tagged with: #third-party sellers #coronavirus outbreak