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'

Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #pearson #penguin random house

Excuse me: Is Amazon really using this small publisher to try to prove that it’s not evil?

Last night, I was in my third hour of binge-watching The Bold Type when I stumbled upon an ad that made me do a double-take. The ad was for Amazon Storefronts, a section launched in 2018 as a way for small and medium-sized businesses to sell products directly through Amazon. The video’s got... Continue reading at Literrary Hub

[ Literrary Hub | 2020-02-20 17:52:28 UTC ]
More news stories like this | News stories tagged with: #bold type #medium-sized businesses #small publisher

Sales, Earnings Down in 2019 at S&S

A tough fourth quarter where earnings were hurt by, among other factors, the tariffs on books manufactured in China contributed to a 7% drop in profits in 2019 at Simon & Schuster. Revenue in the year fell 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-20 05:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster

Amazon Charts: Keyes' Grown Ups takes the top spot

Marian Keyes' Grown Ups (Penguin) has leapfrogged Fiona Valpy's The Dressmaker's Gift (Lake Union) to claim the Amazon Charts' Most-Sold: Fiction top 20, in its second week in the chart.  Continue reading at The Bookseller

[ The Bookseller | 2020-02-19 02:02:25 UTC ]
More news stories like this | News stories tagged with: #marian keyes #amazon charts

Friday Fund Day: Drop Some Dollars and Help Some Classrooms

Do some good and help these classrooms build inclusive libraries by donating or spreading the word about their projects. Continue reading at Book Riot

[ Book Riot | 2020-02-14 11:41:33 UTC ]
More news stories like this | News stories tagged with: #libraries

McClatchy: newspaper publisher files for bankruptcy as 'local media suffers'

Miami Herald and Kansas City Star publisher has suffered as readers give up traditional subscriptions and get news onlineThe publisher of the Miami Herald, the Kansas City Star and dozens of other newspapers across the country is filing for bankruptcy protection. Related: Controversy rages over... Continue reading at The Guardian

[ The Guardian | 2020-02-13 14:36:40 UTC ]
More news stories like this | News stories tagged with: #bankruptcy protection #miami herald

Coverage of Bernie Sanders suffers from a lack of imagination

Bernie Sanders is on a roll. Following his strong showing in Iowa—where he won the most votes and the second most delegates (pending the mess there ever being cleared up)—he’s the favorite to win today’s primary in New Hampshire, which would establish him, surely, as the Democratic frontrunner.... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2020-02-11 13:06:49 UTC ]
More news stories like this | News stories tagged with: #tony hall #director general #strike fear #progressive politics

In Amazon’s Bookstore, No Second Chances for the Third Reich

The retailer once said it would sell “the good, the bad and the ugly.” Now it has banished objectionable volumes — and agreed to erasing the swastikas from a photo book about a Nazi takeover. Continue reading at The New York Times

[ The New York Times | 2020-02-09 21:35:27 UTC ]
More news stories like this | News stories tagged with: #photo book

Amazon is selling Kindles at Black Friday prices

If you didn't manage to snag a Kindle on Black Friday, you have another chance to buy one at a steep discount. Amazon is currently offering $45 off the newest Kindle Paperwhite ($85) and $30 off the latest Kindle ($60). These are historic lows, and w... Continue reading at Engadget

[ Engadget | 2020-01-13 16:27:00 UTC ]
More news stories like this | News stories tagged with: #black friday #steep discount #historic lows #kindle

Digital Bestseller Lists: Kay tops weekly e-book ranking as Amazon list joins line-up

As the old saying goes, new year, new e-book charts—the Bookstat E-Book Top 10 is joining the Publisher E-Book Ranking in The Bookseller’s regular e-book chart section. Continue reading at The Bookseller

[ The Bookseller | 2020-01-10 11:38:52 UTC ]
More news stories like this | News stories tagged with: #e-book #e-book ranking

Print Unit Sales Dropped 3.7% After Christmas

The first full shopping week after Christmas, which ran from December 29, 2019, through January 4, 2020, saw unit sales of print books fall 3.7% compared to the similar week in 2010 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #7% compared

RWA President, Executive Director Resign as Publishers Drop Its Annual Conference

As of this morning, new RWA president Damon Suede has tendered his resignation, effective immediately. Executive director Carol Ritter has also offered her resignation. A number of publishers, including imprints from each of the Big Five, have all pulled support from the RWA's national... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-09 05:00:00 UTC ]
More news stories like this | News stories tagged with: #annual conference #effective immediately #national conference

Headline digs deep for 'major' American Dirt campaign

Headline is going big on its marketing and PR campaign to launch American Dirt in the UK, with widespread review coverage and "major statement advertising" in the UK and Ireland. Continue reading at The Bookseller

[ The Bookseller | 2020-01-07 16:08:36 UTC ]
More news stories like this | News stories tagged with: #pr campaign

Amazon Charts: The Silent Patient scoops number one

Alex Michaelides' The Silent Patient (Orion) has reached the top of the Amazon Charts' Most-Sold: Fiction chart, defeating Andrzej Sapowski's Netflix-boosted The Last Wish (Gollancz). Self-published L J Ross' Ryan's Christmas held firm in second place. Continue reading at The Bookseller

[ The Bookseller | 2020-01-07 13:48:55 UTC ]
More news stories like this | News stories tagged with: #amazon charts #alex michaelides #silent patientorion #fiction chart

Amazon Charts: Kay and Ross ‘most-read’ since Christmas Day

Adam Kay’s Twas the Nightshift Before Christmas (Picador) and Ryan’s Christmas by self-published author L.J. Ross were the most read books since Christmas Day, according to Amazon. Continue reading at The Bookseller

[ The Bookseller | 2020-01-02 10:20:56 UTC ]
More news stories like this | News stories tagged with: #amazon charts #adam kay #christmas day #read books #self-published author

Amazon claims Kindle sales boost in 2019

Kindle sales increased "again in 2019 thanks to independent publishing, Unlimited subscriptions and Amazon Publishing", the company claims. Continue reading at The Bookseller

[ The Bookseller | 2019-12-24 00:23:43 UTC ]
More news stories like this | News stories tagged with: #independent publishing #amazon publishing #company claims #kindle

5 Ways Amazon Changed Shopping in the 2010s

If it wasn't for Amazon, we might still be buying books at bookstores or at least from another website. Barnes and Noble could still be independent. Borders might still be around. Your mom and pop could possibly eke out an honest living as independent booksellers. And so on. Click here to read... Continue reading at AdWeek

[ AdWeek | 2019-12-23 12:00:31 UTC ]
More news stories like this | News stories tagged with: #independent booksellers #buying books

Scholastic Has Flat Q2

Sales and earnings slipped slightly in the second quarter of fiscal 2020 compared to the same time a year ago. The trade division saw a sales rise, and the company said it expects to hit its financial targets for the full fiscal year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-20 05:00:00 UTC ]
More news stories like this | News stories tagged with: #sales rise #trade division

Judge Rules Edward Snowden Must Surrender Earnings From Memoir to U.S. Government

Snowden's recently published memoir violated the terms of his employment contract. Continue reading at Slate

[ Slate | 2019-12-18 11:37:41 UTC ]
More news stories like this | News stories tagged with: #memoir

Kindle Unlimited: We try Amazon's subscription service for ebooks

If you’re a Kindle user, you’ve undoubtedly come across titles with that Kindle Unlimited logo and an enticing “$0.00” price tag attached. You’re curious, yes? With titles in genres from mysteries and romance to sci-fi and self-help, Kindle Unlimited is an easy and affordable way to sate your... Continue reading at PC World

[ PC World | 2019-12-18 11:30:00 UTC ]
More news stories like this | News stories tagged with: #magazine titles #kindle unlimited #subscription service #monthly fee #audio book #kindle