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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Sorry, Amazon: These gorgeous libraries are here to stay

The world’s most beautiful libraries are monuments to knowledge. It’s not every day that the internet agrees on something. But last week, it united to defend the humble local library after Forbes published an outrageous article proposing that cities should shut down all libraries and replace... Continue reading at Fast Company

[ Fast Company | 2018-07-30 00:00:00 UTC ]
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Amazon Profits Soar

For the quarter ended June 30, 2018, operating income at Amazon increased to $3.0 billion, compared with operating income of $628 million in the second quarter of 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating income


HBG Posts Gains in Sales and Earnings in First half of 2018

Revenue in the first half of 2018 rose 1.4% over the comparable period in 2017 at the Hachette Book Group, parent company Lagardère reported, and profits rose by an unspecified amount. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
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Where to find free books for your Amazon Kindle

When you own an Amazon Kindle, the cost of supporting a voracious reading habit can get very steep, very quickly. A quick glance at Amazon’s list of the Best Books of the Month shows that a decent read can set you back between $13 and $15 for a Kindle edition book. Sure, Amazon offers deals on... Continue reading at PC World

[ PC World | 2018-07-25 00:00:00 UTC ]
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Forbes removes article suggesting Amazon should replace libraries

US news media company Forbes has removed a controversial article suggesting that Amazon bookshops should replace local libraries. Continue reading at The Bookseller

[ The Bookseller | 2018-07-25 00:00:00 UTC ]
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They worked at Apple, Amazon and Lyft. Now they're working to get you stoned

One person suggested Amazon bookstores should replace public libraries. Readers disagreed. Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-07-24 00:00:00 UTC ]
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Article saying libraries should be replaced by Amazon meets with resounding opposition

Public libraries should be replaced by Amazon stories, argued Panos Mourdoukoutas in an article published on Forbes’ website Saturday. "At the core, Amazon has provided something better than a local library without the tax fees," wrote Mourdoukoutas, an economics professor at Long Island... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #public libraries #article published #local library


Future earns highest-charting streaming-only album on Billboard 200

Future's new album, Beastmode 2, is now the highest-charting streaming-only album, Billboard reports, debuting at No. 3 on Billboard's Hot 200. With this album, Future has dethroned Chance the Rapper, whose Coloring Book became the first streaming-ex... Continue reading at Engadget

[ Engadget | 2018-07-17 00:00:00 UTC ]
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How Much Do Writers Earn? Society of Authors and ALCS Present Talking Points to Publishers

Naming issues on which 'we are in almost complete alignment,' the UK's author-advocacy organization and revenue collection agency lay out talking points to the Publishers Association in an open letter. It's a new call 'to give everyone a bigger share of the pie." The post How Much Do Writers... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-07-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers association #publishers appeared #writers earn #open letter #bigger share


Barnes & Noble CEO ouster is latest setback in age of Amazon

Barnes & Noble's sudden firing of its CEO after only 14 months on the job dealt another setback to the embattled book seller as it struggles against stiffer competition from Amazon.The sudden vacancy at the top leaves Barnes & Noble treading water while it looks for a new leader, says... Continue reading at Advertising Age

[ Advertising Age | 2018-07-05 00:00:00 UTC ]
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Amazon Works to Speed Pick-Ups

After complaints that Amazon has been slow in picking up orders from various suppliers, the company has instituted some changes to ensure speedier pick-ups. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-02 00:00:00 UTC ]
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Writers bodies defend author earning figures as 'incontrovertible'

The Society of Authors (SoA) and the Authors Licensing and Collection Society (ALCS) have written an open letter taking issue with the Publishers Association’s questioning of figures unveiled in a recent survey showing writers’ earnings have fallen by 15% in four years, calling them... Continue reading at The Bookseller

[ The Bookseller | 2018-06-30 00:00:00 UTC ]
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Open letter on author earnings

The Society of Authors' Nicola Solomon and The Authors' Licensing & Collecting Society's Owen Atkinson pen a letter to the PA's Stephen Lotinga on author earnings. Continue reading at The Bookseller

[ The Bookseller | 2018-06-30 00:00:00 UTC ]
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The story behind the ALCS author earnings survey numbers

Richard Combes examines the findings of the Authors Licensing and Collecting Society's author earnings survey. Continue reading at The Bookseller

[ The Bookseller | 2018-06-28 00:00:00 UTC ]
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Amazon launches Arabic books on Kindle

Amazon has launched a selection of more than 12,000 Arabic language books on its Kindle store. Continue reading at The Bookseller

[ The Bookseller | 2018-06-28 00:00:00 UTC ]
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Author Earnings Sliding Fast in U.K.

Median annual income of professional writers is now under £10,500—down by 15% since 2013—according to ALCS research, with hourly rates well below minimum wage. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-28 00:00:00 UTC ]
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David Lynch Writes Open Letter to Donald Trump: “You Are Causing Suffering and Division”

So here we are. In an interview published on Saturday, David Lynch told the Guardian that Donald Trump “could go down as one of the greatest presidents in history.” That fragment, stripped of context and placed in headlines and tweets, stirred outrage among many of Lynch’s fans, but it also... Continue reading at Slate

[ Slate | 2018-06-27 00:00:00 UTC ]
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Amazon Kindle finally supports Arabic language books

Arabic language authors don't get many opportunities in the ebook world, whether it's due to a basic lack of support for the language (which reads right-to-left, is written in cursive and includes pronunciation marks) or the complexities of distribu... Continue reading at Engadget

[ Engadget | 2018-06-26 00:00:00 UTC ]
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Amazon Kindle now supports Arabic language books

Amazon’s Kindle hardware and associated online ebook store have revolutionized the reading experience. While some folks are scared of change, and desperately clutch their paper books, the future is clearly digital. Quite frankly, it’s wasteful to produce paper books. Not to mention, they take up... Continue reading at Betanews

[ Betanews | 2018-06-26 00:00:00 UTC ]
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Laura Ingalls Wilder dropped from US children's book award over racist language

Laura Ingalls Wilder was on the brink of having an award named in her honour, from America's Association for Library Service to Children, when in 1952 a reader complained to the publisher of Little House on the Prairie about what the reader found to be a deeply offensive statement about Native... Continue reading at Stuff

[ Stuff | 2018-06-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book award #racist language #library service #native americans