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 at 20: what has the online giant ever done for retail?

The e-commerce site is 20 years old this week. So what influence has it really had on the retail and internet industries?It was originally billed as “Earth’s Biggest Bookstore” and featured over one million titles. Twenty years later it boasts over 270m active accounts and claims to have more... Continue reading at The Guardian

[ The Guardian | 2015-07-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #corporation tax #lasting impact #bill gates #reportedly paid #holy grail

Authors, Booksellers & Agents Call for DoJ to Investigate Amazon

Days before Amazon celebrates its 20th anniversary, Authors United is asking authors to sign a letter to the DoJ for an investigation of Amazon, and ABA submitted a similar request on Monday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors united #investigate amazon #20th anniversary

Amazon launches global Prime day

Amazon is launching Prime Day, "a new global shopping event, offering more deals than Black Friday", open solely to members of its Prime service. The first such day will be held on Wednesday 15th July and will offer customers in the UK, US, Spain, Japan, Italy, Germany, France, Canada and... Continue reading at The Bookseller

[ The Bookseller | 2015-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lightning deals #black friday #prime service #offer customers

Amazon wants 'all businesses to survive'

It is in Amazon’s “interests" to "treat suppliers well” but the company should communicate with them better, Amazon’s head of public policy for the UK & Ireland has said. Continue reading at The Bookseller

[ The Bookseller | 2015-07-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #public policy

Amazon Mexico Now Sells Print Books Online

Amazon Mexico has finally launched its full retail operations and a print bookstore; it had previously offered Kindle ebooks since 2013. The post Amazon Mexico Now Sells Print Books Online appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #finally launched

Amazon set to pay self-published authors as little as $0.006 per page read

Writers of shorter works could lose out on revenue as company’s Kindle Owners Lending Library and Kindle Unlimited no longer pay per copy downloadedSelf-published authors could be paid as little as $0.006 per page read under new rules planned by Amazon.Writers who make their works available... Continue reading at The Guardian

[ The Guardian | 2015-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon set #page read #kindle unlimited

Amazon May Pay Self-Published Authors No More Than $0.006 Per Page Read

So much for writing short.Last month, Amazon took a page out of Spotify's playbook, electing to start paying its self-published authors by the page rather than per download. The new model was put into action Wednesday—and it looks like the e-commerce giant may now pay writers no more than $0.006... Continue reading at Fast Company

[ Fast Company | 2015-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #page read #start paying #self-published authors #e-commerce giant #pay writers

Amazon launches one-hour London delivery

Amazon UK has launched Prime Now in London, which will allow customers in the capital to receive purchases within one hour of ordering them. Only Amazon Prime members are eligible for the service, in a further move to encourage customers to sign up to the £79-a-year membership. Continue reading at The Bookseller

[ The Bookseller | 2015-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #encourage customers #amazon uk

French publisher income drops 1.3%

French publishers’ net income fell by 1.3% last year to €2,652m from €2,687m in 2013, although the picture is “encouraging” for the first half of this year, the book trade publication Livres Hebdo has reported. This was the fourth year running showing a decline, even though the drop was less... Continue reading at The Bookseller

[ The Bookseller | 2015-06-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #french publishers

Despite Sales Drop, B&N Had Fiscal 2015 Profit

Barnes & Noble posted net income of $36.6 million in the fiscal year ended May 2, 2015 compared to a loss of $47.3 million in fiscal 2014. The profit improvement came despite a 4.9% decline in total revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales drop #9% decline #total revenue

Amazon records UK sales of £5.3bn last year

Amazon's UK website sales rose by 14% to £5.3bn last year, but the company also paid less in corporation tax and received more handouts in government grants. According to accounts filed in the US, net sales for the UK website were £5.3bn ($8.3bn) to the year ending December 2014, up from... Continue reading at The Bookseller

[ The Bookseller | 2015-06-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #corporation tax #net sales #uk website #e-commerce giant #companies house

How will Amazon's new pay-per-page model change ebooks?

Just as Spotify has done for music, the new pay-per-page system could change the way ebooks are published and authors paid. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-06-25 00:00:00 UTC ]
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Bonnier Germany drops ebook DRM

After days of speculation, Swedish book and media company Bonnier confirmed on Monday (22nd June) that its German publishing operation Verlagsgruppe Bonnier (including Piper, Ullstein, Carlsen, arsEdition, Thienemann-Esslinger and Berlin Verlag) is dropping DRM (Digital Rights Management) from... Continue reading at The Bookseller

[ The Bookseller | 2015-06-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #swedish book #digital watermarks #july 1st

Amazon will pay some authors based on how many pages you read

Authors are normally paid a consistent amount for every ebook you download, no matter how much of a page-turner it is. Amazon might just shake up that model before long, though. As of July 1st, the internet giant will pay Kindle Unlimited and Kindle... Continue reading at Engadget

[ Engadget | 2015-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #authors based #july 1st #internet giant

Brazilian House Abril Educação Makes Major Local Acquisition

Abril Educação has acquired Editora Saraiva in a deal that brings together the two largest publishing operations in Brazil. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-22 00:00:00 UTC ]
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MFN clauses threaten validity of publishers’ Amazon contracts

Publishers’ contracts with Amazon could become void if the European Commission (EC) finds that the online retailer has acted illegally in terms of its ebook distribution practices and its relationship with publishers. Continue reading at The Bookseller

[ The Bookseller | 2015-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online retailer

PRH signs Amazon sales agreement

Penguin Random House has signed new long-term sales agreements for print and ebook sales with Amazon in both the US and UK, on undisclosed terms. The agreement was confirmed by Amazon. A PRH spokesperson said: "We do not discuss our relationships with our retail partners. But, as you can see,... Continue reading at The Bookseller

[ The Bookseller | 2015-06-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ebook sales #retail partners

Marvel Expands Exclusive Digital Comics Agreement With Amazon

Amazon's domination of digital comics distribution continues with Marvel's new deal to sell single issues through Kindle.Last April, Amazon took steps to own the comic book industry's digital transition by purchasing comiXology, the leading platform for buying and reading digital comics. Today... Continue reading at Fast Company

[ Fast Company | 2015-06-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital transition

New Kindle Paperwhite from Amazon

Amazon has today launched a new version of the Kindle Paperwhite, which will be available from the end of June. The latest generation of the device includes a new “typesetting engine for more beautiful pages”, an exclusive Kindle font called Bookerly, and “the highest resolution Paperwhite... Continue reading at The Bookseller

[ The Bookseller | 2015-06-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle paperwhite #today launched