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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Saltaire Bookshop to close after takings drop to £2 a day

Saltaire Bookshop will close in six months unless local customers rally to support it, its owner has said. The independent, based in the World Heritage site of Saltaire in West Yorkshire, tweeted last week: “Six month countdown begins today - unless we start getting more customers x.” Owner... Continue reading at The Bookseller

[ The Bookseller | 2015-08-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #west yorkshire


Amazon Tightens Its Grip on Digital Comics Distribution

The digital comics market crossed the $100 million sales threshold in 2014, and purchases from Amazon, following its acquisition of Comixology last year, could account for as much as 90% of it. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-07 00:00:00 UTC ]
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Further quarterly revenue drop at S&S

Revenues for Simon and Schuster's global operations dropped 5.7% year on year in the second quarter of  2015, its parent company CBS has reported. The total for the quarter stood at $199m, a drop of $12m. However operating income was $25m, up 9% from $23m in the second quarter of 2014, with CBS... Continue reading at The Bookseller

[ The Bookseller | 2015-08-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #7% year #operating income #revenue decline


Amazon extends Prime Now to Birmingham

Amazon UK has extended Prime Now, which allows customers to receive goods within one hour of purchasing, to Birmingham and the surrounding areas. From today (6th August), shoppers in Birmingham, and towns such as Lichfield, Cannock and Tamworth, can benefit from the super-fast delivery times if... Continue reading at The Bookseller

[ The Bookseller | 2015-08-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon uk #amazon prime #tv shows


Magazine Circ Drops 2.2 Percent

Winners (Allrecipes) and losers (the newsstand) from the first half of 2015. The post Magazine Circ Drops 2.2 Percent appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-08-07 00:00:00 UTC ]
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EL James tops five-year Amazon Kindle chart

Amazon has released a list of its best-selling Kindle books over the last five years in the UK, with Fifty Shades writer EL James topping the ebook chart. Amazon has released the data to mark five years today (5th August) since it opened the Kindle Store in the UK. EL James’ original Fifty... Continue reading at The Bookseller

[ The Bookseller | 2015-08-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook chart #kindle store #el james


Major cutbacks for St Bride Foundation Library

The St Bride Foundation Library, which dates from 1895 and has a historic collection of printing trade and typographical materials, will open on a limited, paid-for basis only from now on, instead of having weekly opening days for visitors. Meanwhile its library manager, the only member of... Continue reading at The Bookseller

[ The Bookseller | 2015-08-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #major cutbacks #library staff #made redundant


Boots and Amazon strike partnership

Amazon and Boots have struck up a partnership for the cosmetics chain to sell one of the e-commerce giant's e-reading devices and its Fire tablets. Customers are being offered a £5 Amazon gift card as an incentive to buy a Kindle Paperwhite device or Fire tablet from Boots, as part of an Amazon... Continue reading at The Bookseller

[ The Bookseller | 2015-08-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #encourage customers #e-commerce giant #e-reading devices #fire tablets #fire tablet #digital reading


Deconstructing Amazon’s #haveKINDLEwillTRAVEL Ads

Roger Tagholm deconstructs the brilliance of Amazon's new Kindle advertisements, which promote the ereader as a chic, travel companion and paragon of cool. The post Deconstructing Amazon’s #haveKINDLEwillTRAVEL Ads appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #travel companion


HC UK concludes 'tough negotiations' with Amazon

HarperCollins UK has concluded what its chief executive Charlie Redmayne described as “tough negotiations” with Amazon over new terms. The publisher is the latest of the original agency publishers to negotiate new arrangements after its revised agency contract came up for renewal. Redmayne... Continue reading at The Bookseller

[ The Bookseller | 2015-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins uk #full agency


Amazon accused of spying on reviewer's social media profiles

Amazon has reportedly blocked a person from reviewing an ebook because the company thinks that they are friends with the author. Imy Santiago attempted to post a review of an unnamed title several times, each time being told that it was in violation... Continue reading at Engadget

[ Engadget | 2015-07-24 00:00:00 UTC ]
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Amazon posts a profit as AWS sales nearly double

Cloud services continue to grow by leaps and bounds for Amazon.com.The company reported that Amazon Web Services generated $1.8 billion in sales in the second quarter, up about 80 percent from the $1 billion it brought in a year earlier.That helped Amazon achieve a profit of $92 million, a... Continue reading at PC World

[ PC World | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-commerce site #video streaming #cloud computing #ebook readers #company continues #voice-controlled device #audio news


Amazon Media Sales Fell in Quarter

Although total Amazon sales rose 20% in the second quarter of 2015, sales in the media group, where book and ebook sales are reported, fell 2.6%. The decline was due to foreign exchange fluctuations which dropped international media revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook sales #media group


Amazon breaks global sales record on Prime Day

Amazon said sales during its first ever Prime Day broke global records, receiving 398 orders per second across Prime-eligible countries.   Sales on 15th July or Prime Day – when the retailer offered heavy discounts to encourage shoppers to sign up to Amazon Prime membership – were 18% higher... Continue reading at The Bookseller

[ The Bookseller | 2015-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prime day #15th july


US: authors ask DOJ to investigate Amazon

Author protest group Authors United is asking authors to sign a letter to the US Justice Department, asking it "to examine Amazon's control of the book market." The letter has been drafted with the help of the Authors Guild. Meanwhile both the American Booksellers Association and the Association... Continue reading at The Bookseller

[ The Bookseller | 2015-07-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors guild #authors united #investigate amazon #justice department #book market #late july


Study With Major Brands Compares Ad Recall for Mobile and Desktop Promos

If you want people to remember a mobile ad, you're going to have to pay for it, according to new research from digital ad firm Undertone. Last year, Undertone worked with Ipsos ASI to look at how takeover "high-impact" desktop ads affected brand recall. This year, the company looked at how... Continue reading at AdWeek

[ AdWeek | 2015-07-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #web pages #consumer engagement #brands aren


E-book Sales Dropped in First Quarter

E-book sales in the adult and children's/young adult categories fell a combined 8.1% in the first quarter of 2015 compared to the first period of 2014, according to AAP's StatShot program, Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book sales


Leading authors call for government probe of Amazon's 'damaging' power

Malcolm Gladwell and Ursula Le Guin lead call to US justice department to investigate its ‘monopoly as a seller of books’Authors including Malcolm Gladwell, Ursula Le Guin, Michael Chabon and Ann Patchett are putting their names to a letter attacking Amazon’s “abuse of its dominance in the world... Continue reading at The Guardian

[ The Guardian | 2015-07-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest initiative #authors united #douglas preston #michael lewis #daniel handler


Amazon, Wal-Mart face off in online discounting

A 32-inch LED television for $75. Harry Potter books for up to half off their list price. An Apple iPad mini for $265. Continue reading at Baltimore Sun

[ Baltimore Sun | 2015-07-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #list price


Authors call on the US to investigate Amazon's book business

Just because Apple is on the hook for allegedly anti-competitive book sales doesn't mean that Amazon is above reproach. As promised, groups representing both authors and booksellers are calling on the US Department of Justice to investigate Amazon fo... Continue reading at Engadget

[ Engadget | 2015-07-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors call #investigate amazon #book business