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'


Hachette UK sales drop 6.7% in fourth quarter

Hachette UK saw overall sales fall by 6.7% in the fourth quarter of the year due to lower ebook sales, with its parent company Lagardere Publishing saying that "market trends have reversed in the US and the UK". Continue reading at The Bookseller

[ The Bookseller | 2016-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #hachette uk #fourth quarter #sales fall #year due


Amazon Invests in India’s Westland: ‘Still Very Much Day One’

India's Business Standard reports that Amazon has purchased a 26-percent share in Westland, the book publishing unit of Tata's Trent Ltd. The post Amazon Invests in India’s Westland: ‘Still Very Much Day One’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-02-12 00:00:00 UTC ]
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Lee Child on Amazon’s real-life bookshops – and why we should be worried

The world’s biggest online retailer wants to invade the high street. What’s in it for them?In December, Amazon US released its 2015 in-house all-format all-category bestseller list, and then the newspaper USA Today came out with its own industry-wide all-sources version. What was the difference?... Continue reading at The Guardian

[ The Guardian | 2016-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #high street #usa today


Amazon Invests in India’s Westlake: ‘Still Very Much Day One’

India's Business Standard reports that Amazon has purchased a 26-percent share in Westland, the book publishing unit of Tata's Trent Ltd. The post Amazon Invests in India’s Westlake: ‘Still Very Much Day One’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon invests #26-percent share


Major Publishers Bet on Power of Print Ads with Money-Back Guarantee

"We know magazines work and we're willing to put our money where our mouth is," Meredith's Britta Cleveland tells Folio:. The post Major Publishers Bet on Power of Print Ads with Money-Back Guarantee appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-02-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print ads


Digital Arachnid: What Does Author Earnings Say to the Industry?

A new report from Author Earnings previews what the Digital Book World Conference audience is likely to hear in "Data Guy's" keynote address. The post Digital Arachnid: What Does Author Earnings Say to the Industry? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-02-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #author earnings #data guy #keynote address


Publishing Industry Speculates About Expansion Plans for Amazon Books

Opinions were mixed about what Amazon's rumored plans to open more physical bookstores could mean for the publishing industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon books #expansion plans #physical bookstores #publishing industry


WSJ drops publisher frenemy LinkedIn’s share button

Publishers have had a complicated relationship with LinkedIn, and now, The Wall Street Journal has dropped its sharing button from its article pages. The change came as part of a recent article redesign. LinkedIn was never a huge traffic driver for most publishers in the first place, but Journal... Continue reading at Digiday

[ Digiday | 2016-02-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #complicated relationship #article pages


PW Stock Index Drops 12% in January

The combination of a weak market and investors’ disappointment regarding a fourth-quarter report from Amazon drove down many publishing industry stocks in January. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-05 00:00:00 UTC ]
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Mall Operator Says Comment ‘Not Intended To Represent Amazon’s Plans’

General Growth Properties states that its CEO's comment about Amazon bookstore expansion "was not intended to represent Amazon's plans" after widespread speculation about hundreds of new stores sweeps industry. The post Mall Operator Says Comment ‘Not Intended To Represent Amazon’s Plans’... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-02-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mall operator


Hell, yeah, Amazon should open more bookstores

There is collective head-scratching across the InterWebs about a Wall Street Journal report that Amazon will open as many as 300, or even 400, stores selling books. The company's massive success selling ebooks and the cost and selection advantages of warehousing their physical counterparts make... Continue reading at Betanews

[ Betanews | 2016-02-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #collective head-scratching


Amazon Kindle gets an update, brings improved home screen and more

When it comes to reading books, things have changed quite a bit since school days, well, depending on your age. Now many people read books on electronic devices and, while tablets are fine, the Amazon Kindle leads the way. Amazon is planning to roll out a big update to its handheld devices.... Continue reading at Betanews

[ Betanews | 2016-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big update #book recommendations #reading books #school days #handheld devices #home screen


Is Amazon Opening More Bookstores? It's Hiring Booksellers.

While the mall operator who said on Tuesday that Amazon intends to open up to 400 bookstores is backtracking, the tech giant has posted job openings for several bookstore positions in the San Diego/La Jolla area. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon opening #mall operator #amazon intends #tech giant


Amazon To Open Hundreds Of Brick-And-Mortar Bookstores

After putting booksellers out of business, Amazon is set to open its own retail chain.Amazon, the online retailer that killed off so many independent bookshops, is getting ready to launch its own brick-and-mortar book chain. According to the Wall Street Journal, the CEO of a major mall operator,... Continue reading at Fast Company

[ Fast Company | 2016-02-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon intends #open hundreds #brick-and-mortar bookstores #retail chain #online retailer #independent bookshops


Amazon Rumored to Be Opening 400 Bookstores

In discussing fourth quarter results, the CEO of one of the country's largest mall operators said it is his understanding that Amazon's goal is to open 300 to 400 bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-02 00:00:00 UTC ]
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Amazon Recruits Comedians, Engineers for Expanding Audio Service

Amazon.com Inc. is ramping up its investment in podcasts and other radio-style shows to expand the types of programming it offers via Audible, the audio book company it acquired in 2008.Audible has recruited well-known comedians, along with radio and podcast producers for the initiative, and job... Continue reading at Advertising Age

[ Advertising Age | 2016-01-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #selling books #laundry detergent #tv shows #music streaming


Buster Books drops gender labels

Michael O’Mara imprint Buster Books has promised to stop selling books as being “for boys” or “for girls” following an online campaign against gender labelling. Continue reading at The Bookseller

[ The Bookseller | 2016-01-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online campaign


Publisher to drop gendered children's titles after parents campaign

Buster Books, publisher of colouring books for ‘Brilliant Boys’ and ‘Gorgeous Girls’ to switch to ‘gender neutral’ titles in futureGirls will no longer be defined as “glamorous” and “gorgeous” while boys get to be “amazing” and “brilliant” at Buster Books, after the children’s publisher... Continue reading at The Guardian

[ The Guardian | 2016-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publisher announced #colouring book #buster books #colouring books #future books #gender neutral


Amazon Sales Top $100 Billion

Total revenue at Amazon hit $107 billion in 2015, a 20% increase over sales in 2014. Operating income jumped to $2.2 billion in the year, from $178 million in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #total revenue #20% increase