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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Amazon: EC considers new law to tackle unfair online trading practices

The European Commission is considering a new law to deal with unfair trading practices after deciding further action is necessary to promote fairness and responsibility of online platforms such as Amazon. Continue reading at The Bookseller

[ The Bookseller | 2017-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #european commission #online platforms


Canelo's Cullen buys two 'major' novels for its 2017 list

Canelo has bought two “major” novels for its 2017 list including a debut thriller about a child abduction and a story about a woman whose struggle to conceive leads her to accept an “unconventional offer”. Continue reading at The Bookseller

[ The Bookseller | 2017-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #debut thriller #child abduction


Sales, Earnings Up in Q3 at HarperCollins

Revenue at the publisher rose 4% in the third quarter of fiscal 2017, to $374 million. Earnings increased 3%, to $37 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-10 00:00:00 UTC ]
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What Advertisers Want From Snapchat's First Earnings Report

It would be understandable if Snap Inc. is feeling a little jittery as it closes the book on its first quarter as a public company today. The owner of the Snapchat messaging and media app has to show strong ad sales and a growing user base when it makes its report after the close of business.... Continue reading at Advertising Age

[ Advertising Age | 2017-05-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings report #media app #beat facebook #ad world #wall street


Authors Guild Joins Warnings on Amazon’s Buy-Button Book Sales Policy

Authors' and publishers' groups are protesting a change in Amazon's third-party sales policy. The retailer says it's in line with 'the rest of Amazon.' The post Authors Guild Joins Warnings on Amazon’s Buy-Button Book Sales Policy appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-05-09 00:00:00 UTC ]
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New Amazon Buy Button Program Draws Ire of Publishers, Authors

Industry members claim the program, which allows third-party re-sellers to win the main buy button on book pages, has the potential to "decimate authors' and publishers' earnings," especially on backlist books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book pages #backlist books


European Commission makes Amazon's removal of MFN clauses legally binding

Amazon's offer to remove its controversial "Most Favoured Nation" (MFN) clauses from its ebook contracts has been accepted and made legally binding by the European Commission. Continue reading at The Bookseller

[ The Bookseller | 2017-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #favoured nation #european commission


Amazon to open new Cambridge development centre

Amazon is opening a new development centre in Cambridge this autumn and recruiting "extensively" for highly-skilled people in the area. Continue reading at The Bookseller

[ The Bookseller | 2017-05-05 00:00:00 UTC ]
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Amazon will no longer strong arm ebook publishers in Europe

The European Commission has accepted Amazon's changes to how it sells its ebooks. Following a 2015 investigation over the retailer's anti-competitive behaviour, Amazon said back in January that it would change its ebook contracts, removing clauses t... Continue reading at Engadget

[ Engadget | 2017-05-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #european commission #ebook contracts


Sales, Earnings Rise at S&S in Q1

Revenue at Simon & Schuster rose 11% in the first quarter ended March 31, 2017 over the comparable period a year ago, while operating income increased 8%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings rise


Impress your friends: Seven notes from Major League Baseball

A stat-driven update on the majors for May Day: 1. Bryce Harper scored 32 runs in April, a major league record for the month. The Kansas City Royals scored 63. 2. Anthony Rendon drove in 10 runs on the final day of April. Players who did not drive in 10 runs all month included Jose Bautista,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-05-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #final day


'Trigr' Warning: Bloomberg To Show Ads Depending on Stock Market Pops -- And Drops

Bloomberg Media wants marketers to capitalize on consumer mood swings.The publishing tycoon plans to use its NewFronts presentation on Monday to promote a new offering, dubbed Trigr, that allows marketers to serve a custom tailored creative or branded content after specific market conditions are... Continue reading at Advertising Age

[ Advertising Age | 2017-05-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bloomberg media #newfronts presentation #branded content


Amazon profits up 40% in first quarter

Amazon has reported its eighth profitable quarter, with profit up 40%, to $724m (£560.8m) in the first three months of the year. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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BOSH! cookbook to HQ in 'major' six-figure deal

HQ is to publish BOSH! The Cookbook by Sheffield school friends Henry Firth and Ian Theasby in a "major" six-figure deal following a "hotly-contested" eight-publisher auction. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #six-figure deal #ian theasby #eight-publisher auction


Amazon to create 1,200 new jobs with new Warrington fulfilment centre

Amazon is creating 1,200 new permanent jobs with the opening of a new fulfilment centre in Warrington. Continue reading at The Bookseller

[ The Bookseller | 2017-04-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #permanent jobs #fulfilment centre


Revenue From Retail Products Up, in Q1, at Amazon

Sales of retail products at Amazon rose 15% in the first quarter of 2017 over the comparable period last year. Among the many items sold in the sector are print and digital books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #items sold #digital books


Ebook sales drop as readers favour non-fiction books

Total book sales including physical and digital books rose 6% to £3.5bn, propped up by non-fiction. Continue reading at BBC News

[ BBC News | 2017-04-27 00:00:00 UTC ]
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Amazon is trying to be your one-stop subscription shop

Amazon's subscription offerings go beyond Kindle Unlimited, Prime and its various add-ons. The retailer has offered magazine subscriptions for awhile too, and now the company has set up Subscribe with Amazon. It's a hub that gives "subscription provi... Continue reading at Engadget

[ Engadget | 2017-04-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle unlimited


Amazon to open retail presence in Australia

Amazon has revealed it will launch a retail arm in Australia after years of speculation. Continue reading at The Bookseller

[ The Bookseller | 2017-04-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #retail arm


Amazon Opens Second Bookstore In Massachusetts

Amazon's second Massachusetts bricks and mortar opened yesterday, becoming the e-commerce giant's sixth physical bookstore in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon opens #e-commerce giant