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 2018 sales hit $232.9bn as retailer enjoys record fourth quarter

Amazon's 2018 sales increased  31% to $232.9bn as the online giant revealed a record $72bn revenue for the fourth quarter, in its latest financial results.  Continue reading at The Bookseller

[ The Bookseller | 2019-02-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fourth quarter

Amazon assembles a high-profile cast for low-key superhero series

Amazon has recruited a glitzy crew of Hollywood stars for its animated superhero show Invincible, based on the eponymous comic book co-created by The Walking Dead scribe Robert Kirkman. Leading the voice cast is TV's The Walking Dead alum Steven Yuen... Continue reading at Engadget

[ Engadget | 2019-02-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hollywood stars

Amazon's 2018 Sales Topped $232 Billion

The giant company's sales increased 31% in 2018 over 2017, and its operating income tripled to $12.4 billion. Among the many reasons cited for the big 2018 financial gains was the performance of Amazon’s third-party sellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #third-party sellers

New Amazon Crossing Kids: Translating Picture Books Into English

Translations from Portuguese, German, and Italian open the new imprint from Amazon Publishing. Releases in July, September, October. The post New Amazon Crossing Kids: Translating Picture Books Into English appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #english appeared #amazon publishing

Tig Wallace joins HCG as part of ‘major’ plans for growth

Hachette Children’s Team has hired Tig Wallace, formerly commissioning editor at Penguin Random House Children’s, as senior commissioning editor in the fiction team. Continue reading at The Bookseller

[ The Bookseller | 2019-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fiction team #hachette children

Amazon Fire TV Stick now comes with Alexa Voice Remote at same affordable price

Amazon founder and CEO Jeff Bezos may be having a difficult time in his personal life right now, but professionally, the multi-billionaire is doing phenomenally. Amazon's stock is through the roof, and  there seems to be no slowing down the online retailer. Long gone are the days when the... Continue reading at Betanews

[ Betanews | 2019-01-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon founder #amazon offers #difficult time #personal life #online retailer #sold books

BA says Amazon ‘gaming system’ as £63m business rates bill revealed

The Bookseller's Assocation has warned Amazon is "gaming the system" and branded the business rates regime "unfair" yet again after it emerged the online retail giant paid £63m in business rates despite recording £8bn in UK sales. Continue reading at The Bookseller

[ The Bookseller | 2019-01-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business rates #uk sales

Crashing author earnings 'threaten future of American literature'

Authors Guild survey finds writers’ incomes have fallen dramatically in five years – with literary novelists worst-hitA major survey of American authors has uncovered a crash in author earnings described as “a crisis of epic proportions” – particularly for full-time literary writers, who are “on... Continue reading at The Guardian

[ The Guardian | 2019-01-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #american authors #author earnings #american literature #fallen dramatically #median income #historic low

Unsheltered by Barbara Kingsolver: first major novel to take on Trump

Nonfiction writers began publishing books about Donald Trump even before Sean Spicer could start lying for him. Fiction writers, though, have been slower to incorporate the Mogul into their work. Continue reading at Stuff

[ Stuff | 2019-01-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barbara kingsolver #sean spicer #fiction writers

Revenue drop at Pottermore 'in line with expectations'

Sales and profits fell at Harry Potter site Pottermore in the year to end March 2018. Continue reading at The Bookseller

[ The Bookseller | 2019-01-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #revenue drop #profits fell

Amazon UK brings in ebook gifting

Amazon.co.uk has brought in a 'Buy for others' option on the detail page for Kindle books to allow people to gift ebooks. Continue reading at The Bookseller

[ The Bookseller | 2018-12-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook gifting #kindle books

Amazon's Lake Union to publish up-lit debut Oliver Clock

Amazon Publishing's Lake Union imprint has won an auction to publish debut author Jane Riley's "uplifting, feel-good" novel The Likely Resolutions of Oliver Clock. Continue reading at The Bookseller

[ The Bookseller | 2018-12-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon publishing

Unit Sales Dropped 6.5% in Mid-December

The publishing industry does not look like it is headed for a big finish to 2018. In the week ended Dec. 15, 2018, unit sales of print books fell 6.5% compared to the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing industry #5% compared

Authors Newman and Coe urge readers to turn to high street after stock delays at 'Scrooge' Amazon

Authors Cathy Newman and Jonathan Coe have urged customers to take their business to the high street this Christmas season after suffering stock shortages of their titles on Amazon.co.uk. Continue reading at The Bookseller

[ The Bookseller | 2018-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #high street #jonathan coe #christmas season

Scholastic Trade Sales Rose 16% in Q2

Revenue in Scholastic's trade division increased 16% in the second quarter ended November 30, 2018, over the comparable period a year ago. For the entire company, revenue in the quarter rose 1% over last fiscal year’s second quarter and net income jumped 25.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #entire company #fiscal year

Amazon takes on textbook counterfeiting in 'sting operation'

Amazon is tackling sales of counterfeit textbooks on its US site after suspending the accounts of booksellers allegedly selling counterfeit books in a major online sting. Continue reading at The Bookseller

[ The Bookseller | 2018-12-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon takes

Soft Kids, Adult Fiction Sales Drop Units 0.8% in Early December

Declines in adult fiction and juvenile fiction and nonfiction offset a 7.6% increase in adult nonfiction sales, resulting in a 0.8% drop in unit sales of print books for the week ended Dec. 8, 2018, compared to the similar week last year at outlets the report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #early december #adult fiction #juvenile fiction #6% increase #8% drop #print books

Pavilion's turnover drops £2m following colouring books 'blip'

Pavilion Books’ turnover plummeted by £2m last year due to the waning of the colouring books trend, accounts recently filed at Companies House have revealed. Continue reading at The Bookseller

[ The Bookseller | 2018-12-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pavilion books #colouring books #year due #companies house

APWG to 'expand scope' of author earnings investigation

The All Party Writers Group (APWG) has delayed the report divulging the results of its authors' earnings inquiry until June 2019 to "expand the scope" of the investigation. Continue reading at The Bookseller

[ The Bookseller | 2018-12-06 00:00:00 UTC ]
More news stories like this |

In Québec, a Literary Prize Is Suspended Over Objections to Amazon Sponsorship

Raising concerns about damage to a 'fragile ecosystem,' authors shortlisted for Québec's Prix littéraire des collégiens objected to the announcement that Amazon had become the prize's main sponsor. The post In Québec, a Literary Prize Is Suspended Over Objections to Amazon Sponsorship appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-11-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #literary prize #raising concerns #authors shortlisted