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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Late Easter Leads to Unit Drop at End of March

Unit sales of print books dropped 7.1% in the week ended Mar. 23, 2019, compared to the similar week in 2018, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-29 00:00:00 UTC ]
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Sales, Earnings Rose at PRH in 2018

Revenue at Penguin Random House rose 1.9% in 2018 over 2017 and earnings increased 1.3%. PRH global CEO Markus Dohle said he expects to see more gains in 2019 due in part to more increases in digital audio sales and expanding global book markets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-26 00:00:00 UTC ]
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Amazon introduces its latest Kindle, the first version under $100 with a front light

Amazon unveiled the latest model of its popular Kindle e-reader Wednesday, the first version of the device with a front light that costs less than $100. The new Kindle, priced at $89.99, is one-third of an inch thick and weighs 6 ounces, making it easy to use with one hand, Amazon said. But the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-03-21 00:00:00 UTC ]
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Amazon’s Kindle Storyteller Award returns for third year

Amazon’s Kindle Storyteller Award, recognising outstanding work by independent authors with a £20,000 cash prize, will return for its third year. Continue reading at The Bookseller

[ The Bookseller | 2019-03-15 00:00:00 UTC ]
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Pricing for the 6-inch Kindle and Kindle Paperwhite drop to all-time lows

If you need to get some reading done without lugging around a ton of books, today’s deal is for you. Amazon is selling the latest version of the 6-inch Kindle with no ads and the Kindle Paperwhite with ads at $70 and $100 respectively–a discount of $30. Sure, those are their typical sale prices,... Continue reading at PC World

[ PC World | 2019-03-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest version #kindle paperwhite #special offers #onboard storage

Amazon doubles up for Lake Union imprint

Amazon Publishing imprint Lake Union editor Sammia Hamer has struck two two-book deals. Continue reading at The Bookseller

[ The Bookseller | 2019-03-12 00:00:00 UTC ]
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The dark lesson of a $24 million Amazon book

This is what happens when algorithms call the shots. I can still recall my surprise when a book by evolutionary biologist Peter Lawrence entitled The Making of a Fly came to be priced on Amazon at $23,698,655.93 (plus $3.99 shipping). While my colleagues around the world must have become rather... Continue reading at Fast Company

[ Fast Company | 2019-03-12 00:00:00 UTC ]
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Ambitious breakup of Amazon, Facebook and Google is proposed by Elizabeth Warren

Sen. Elizabeth Warren (D-Mass.) pledged Friday to take aim at Amazon, Facebook and Google if she is elected president in 2020, breaking apart each of the big tech companies and introducing sweeping new regulation of Silicon Valley. The proposal marks the most ambitious and aggressive effort... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-03-08 20:40:00 UTC ]
More news stories like this | News stories tagged with: #ambitious breakup #elizabeth warren #pledged friday #elected president #introducing sweeping #silicon valley #proposal marks

Ambitious breakup of Amazon, Facebook and Google is proposed by Elizabeth Warren

Elizabeth Warren pledges to break up Facebook, Google and Amazon

Today, Democratic presidential hopeful Elizabeth Warren published a post on Medium in which she detailed why she wants to break up large Internet companies such as Facebook, Amazon and Google. In her post, she accuses these companies of using their v... Continue reading at Engadget

[ Engadget | 2019-03-08 00:00:00 UTC ]
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Egmont reveals drop in reading for pleasure and new sustainability measures

A study revealing a drop in children reading for pleasure and a commitment to sustainable magazine publishing were among the initiatives revealed at Egmont’s Annual Insight Presentation. Continue reading at The Bookseller

[ The Bookseller | 2019-03-07 00:00:00 UTC ]
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Amazon launches scheme to boost gender diversity

Amazon will launch a programme to boost gender diversity and inclusion across its UK business with plans to ramp up the recruitment and retention of women employees. Continue reading at The Bookseller

[ The Bookseller | 2019-03-07 00:00:00 UTC ]
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Amazon puts former Kindle leader in charge of its pharmacy business

Amazon's entry into the pharmacy business might not have the leader you'd expect. CNBC has learned that the online retailer has picked Nader Kabbani, an executive who helped establish the Kindle self-publishing system and has worked in Flex and logi... Continue reading at Engadget

[ Engadget | 2019-02-28 00:00:00 UTC ]
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'Don’t let the fox in the coop'; Daunt warns against Amazon’s dominance

Waterstones boss James Daunt has warned the Scottish book industry against the growing dominance of Amazon, saying that if the retail giant ever implemented print book subscriptions it would make working in the books business “frankly intolerable”. Continue reading at The Bookseller

[ The Bookseller | 2019-02-27 00:00:00 UTC ]
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Amazon Prime to screen Good Omens in May

Amazon Prime will screen its original TV adaptation of Good Omens by Terry Pratchett and Neil Gaiman on 31st May with a tie-in edition of the book due to be published to coincide with the show. Continue reading at The Bookseller

[ The Bookseller | 2019-02-19 00:00:00 UTC ]
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Boston Athenaeum Announces Major Expansion

The Boston Athenaeum has announced major expansion plans that will add nearly 20,000 sq. ft. to the historic independent library. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
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Amazon Scraps HQ2 Plans for LIC

Amazon will no longer build a headquarters in Long Island City, Queens, following grassroots resistance from New Yorkers and adverse reactions from some lawmakers and unions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-14 00:00:00 UTC ]
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PubWest Keynote Focuses on Amazon's Dominance of the Book Market

In her speech, Open Markets Institute senior fellow Lina Khan said: “More than any other firm, Amazon depicts how a company can come to monopolize all sorts of markets without triggering scrutiny under our anti-monopoly laws.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-11 00:00:00 UTC ]
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Indigo's Q3 Earnings Hit by Postal Strike

A strike at Canada Post late last year caused headaches at Indigo Books & Music, resulting in a dip in sales of 1.7% for the company's third quarter and a steep drop in earnings for the period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-07 00:00:00 UTC ]
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Detainee wins major literary prize for book written through WhatsApp

Messaging apps aren't just useful for everyday communication -- in at least one case, they've enabled an influential book. Kurdish-Iranian author Behrouz Boochani has won Australia's top literary award, the Victorian Prize for Literature, with a boo... Continue reading at Engadget

[ Engadget | 2019-02-02 00:00:00 UTC ]
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