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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Sales of Zoella book club titles surge on Amazon

The eight books announced yesterday (8th June) as part of Zoella’s bookclub have rocketed on Amazon UK, with sales of one – The Potion Diaries by Amy Alward (Simon & Schuster Children’s) – increasing more than 11,000%. Continue reading at The Bookseller

[ The Bookseller | 2016-06-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon uk


Daunt deems Amazon’s tax affairs 'unconscionable'

Waterstones m.d. James Daunt has said Amazon is undercutting his business because of the “unconscionable” way it exploits the tax system. Continue reading at The Bookseller

[ The Bookseller | 2016-06-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tax affairs #james daunt #tax system


'Biggest-selling' self-published book of 2016 lands Amazon deal

Self-published author Adam Croft has been snapped up for a publishing deal by Amazon imprint Thomas & Mercer after releasing what he says is the biggest-selling book by a self-published author in 2016. Continue reading at The Bookseller

[ The Bookseller | 2016-06-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #self-published book #publishing deal #self-published author


Children who grow up with books earn more, study finds

Children who grow up with a large number of books in the house earn more money later in life, according to a new study published in the Economic Journal. Continue reading at The Bookseller

[ The Bookseller | 2016-06-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #books earn #study finds #large number #study published


EDC Posts a 59% Earnings Jump in Record Fiscal 2016

Total revenue soared 95% in the fiscal year ended February 29, 2016 at Educational Development Corp. over fiscal 2015, to $63.6 million, and net earnings jumped to $2.1 million from $859,200 a year earlier. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year earlier


Two 'major' acquisitions for Pan Macmillan non-fiction

Pan Macmillan non-fiction is expanding its business and pop-science list with two "major" acquisitions. Continue reading at The Bookseller

[ The Bookseller | 2016-05-24 00:00:00 UTC ]
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Off Strong Year-End, Bloomsbury Unveils Major Resctructuring

Bloomsbury Publishing reported an 11% increase in both sales and profits in the fiscal year ended February 28, 2016. It also announced that it was accelerating its plan to shift its focus from the consumer to non-consumer area. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-19 00:00:00 UTC ]
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Why is Amazon building bookstores?

The online retail giant has confirmed its second bricks-and-mortar bookstore. Why is it branching out from its Internet domain? Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bricks-and-mortar bookstore


Seth Rogen's Preacher to launch on Amazon UK next week

TV series based on cult comic book stars Dominic Cooper, Joseph Gilgun and Ruth NeggaThe TV series based on cult comic book Preacher is to launch in the UK on Amazon’s Prime streaming service from Monday.The episodes will be released by Amazon in the UK, Austria, Germany and Japan the day after... Continue reading at The Guardian

[ The Guardian | 2016-05-18 00:00:00 UTC ]
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Bezos Confirms Plans for More Amazon Stores

Amazon founder Jeff Bezos told shareholders at the company's annual meeting on Tuesday that the company is "definitely going to open additional stores." Bezos did not, however, specify the number of new outlets Amazon plans to open. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon stores #annual meeting


Ghomeshi Signs a Peace Bond; Sexual Assault Charge Dropped

Former CBC radio host Jian Ghomeshi was scheduled to go to trial in June, but the complainant in this final sexual assault trial agreed to drop the charges in exchange for a peace bond and an apology. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-17 00:00:00 UTC ]
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BuzzFeed's Facebook Live Interview With President Obama Suffers a Bad Streaming Failure

BuzzFeed landed the biggest "get" for a Facebook Live interview in the young channel's history by nabbing a sit-down with President Barack Obama. Yet less than two minutes into the broadcast, the online publisher's video feed stalled and some 35,000 Facebook viewers were left with nothing to... Continue reading at AdWeek

[ AdWeek | 2016-05-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #huge success #media companies #tv producer


UK ebook sales drop for the first time

It seems that our love affair with ebooks could be turning sour. For the first time since digital book sales were recorded, the number of ebooks sold in the UK dropped in 2015. The drop could be partly explained by the fact that we seem to be reading less in recent years. While sales of printed... Continue reading at Betanews

[ Betanews | 2016-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebooks sold #love affair #uk dropped #publishers association #printed books #audio books


When you buy digital content on Amazon or iTunes, you don't exactly own it

Buy an ebook on Amazon or an album on Apple's iTunes and you own it, right? Maybe not as much as you think. It's all about what the tech industry calls digital rights management, and the bottom line for consumers is that there are significant differences between owning a tangible product and... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-05-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bottom line #significant differences


Bezos sells 1% of Amazon shares for $671m

Jeff Bezos has sold 1% of his stake in Amazon - which is just over a million shares, at a value of $671m (£465.2m) - the New York Post has reported. Continue reading at The Bookseller

[ The Bookseller | 2016-05-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon shares #jeff bezos #york post


Abrams Dropping Stewart, Tabori & Chang Name

Beginning with this fall’s list Abrams will phase out the name of its Stewart, Tabori & Chang imprint and publish all titles under the Abrams banner. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-04 00:00:00 UTC ]
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S&S Sees Earnings Gain, But Flat Sales, in Q1

Simon & Schuster reported revenue of $145 million in the first quarter of 2016, flat with revenue in the same period in 2015. Operating income rose 8%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-03 00:00:00 UTC ]
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FBF takes majority stake in IPR License

The Frankfurt Book Fair (FBF) has taken a majority shareholding in global rights and licensing trading platform, IPR License Ltd. Continue reading at The Bookseller

[ The Bookseller | 2016-04-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ipr license #majority shareholding #global rights


Gurr to replace North at helm of Amazon

Amazon’s China country manager Doug Gurr will move to the UK to replace Christopher North at the helm of the e-commerce giant this May. Continue reading at The Bookseller

[ The Bookseller | 2016-04-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-commerce giant


Pupil interest in reading drops in secondary school

Secondary school pupils are far less interested in reading than children at primary school, with only 40% of 14-16 year-olds saying they enjoy reading compared with more than 70% of 8-11 year-olds, according to a new National Literacy Trust (NLT) report. Continue reading at The Bookseller

[ The Bookseller | 2016-04-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #secondary school #primary school