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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In the UK, Penguin Random House v. Amazon is New Normal

Strike up the band: Amazon and Penguin Random House are in a contract dispute in the UK, prompting another round of hand-wringing and buy-button action. The post In the UK, Penguin Random House v. Amazon is New Normal appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-06-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #contract dispute


BEA 2015: Amazon: Is It Good For Readers?

The impact of Amazon on the book business is a longstanding, ongoing debate. But is Amazon good for readers? That’s the topic of this afternoon’s discussion at this year’s International Digital Publishing Forum conference. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book business


Booksellers welcome Amazon tax change

Booksellers have welcomed the news that Amazon is to start booking sales made to customers in the UK through its UK branch instead of through Luxembourg, though some say they remain "cautious" about the development. The online retailer brought its new arrangements, which means it will be taxed... Continue reading at The Bookseller

[ The Bookseller | 2015-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk branch


Amazon ends UK sales diversion to Luxembourg

Amazon has started booking sales made to customers in the UK through the UK branch, instead of diverting sales through Luxembourg. The company’s new arrangements came into force on 1st May. Previously retail sales have been recorded in Luxembourg, where Amazon has its European headquarters,... Continue reading at The Bookseller

[ The Bookseller | 2015-05-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk branch #european headquarters


Is Amazon Good for Readers?

A panel at the IDPF Digital Book Conference this Wednesday asks, is Amazon good for readers? Tell us what you think. The post Is Amazon Good for Readers? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-05-26 00:00:00 UTC ]
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PRH and Amazon UK Sparring Over Terms?

Penguin Random House and Amazon.co.uk are involved in negotiations for new sales terms, but representatives from the publisher denied speculation that Penguin UK was thinking of withholding it titles from the retailer if a deal isn't reached. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales terms #penguin uk


PRH UK and Amazon facing terms dispute

Penguin Random House UK and Amazon are in dispute over terms, with a new contract under negotiation. If a deal is not reached Amazon could begin to pull or downgrade the availability of PRH titles from its ecommerce channels as it did with Hachette Book Group USA titles last year. With a number... Continue reading at The Bookseller

[ The Bookseller | 2015-05-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh uk


Amazon and Penguin Random House said to be in dispute

Industry sources say Penguin may block sales of its books on Amazon because of a contract dispute, but both sides are playing down the rowThe world’s biggest publisher, Penguin Random House, could block sales of its books on Amazon if it fails to resolve a contract dispute with the online... Continue reading at The Guardian

[ The Guardian | 2015-05-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #books online #biggest publisher #online bookseller #online sales


Amazon fines publishers for late deliveries

Amazon has begun fining publishers for late deliveries of books to its warehouses.  Meanwhile, some payments to publishers have been delayed by what the company referred to as a “technical error”. The e-commerce giant has written to suppliers warning that if they do not hit delivery targets,... Continue reading at The Bookseller

[ The Bookseller | 2015-05-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #late deliveries #e-commerce giant


Amazon at Your Campus: The Next-Generation Campus Store

Last week, Amazon quietly opened its second physical campus store at Purdue University, in West Lafayette, Ind. The company opened its first Amazon Campus store—a 2,360-sq.-ft. location—at Purdue’s Krach Leadership Center on February 3. A third Amazon store (roughly 3,000 sq. ft.) is slated to... Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #company opened


Quebecor Sells Archambault Stores to Major Bookstore Chain

Quebecor announced Tuesday that it will sell Archambault, the large retailer of music, books, and DVDs, with 14 locations across Quebec, to Renaud-Bray, the largest French-language bookstore chain in North America, with 30 locations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-21 00:00:00 UTC ]
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Folio Society drops prize sponsorship

The Folio Society has confirmed it will not renew its title sponsorship of The Folio Prize after completing its initial two-year agreement with the award. The prize, known as the Literature Prize before The Folio Society agreed to sponsor it, is now on the hunt for a new sponsor, and hopes to... Continue reading at The Bookseller

[ The Bookseller | 2015-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #folio prize #literature prize #folio society #title sponsorship


Shelley, Espiner, Wood and King in major Hachette roles

In a major shake-up of senior management at Orion, David Young is to retire as Orion c.e.o. at the end of this year, followed by major new roles for David Shelley, Katie Espiner, who joins from HarperCollins as Orion's m.d, and Jon Wood. There is promotion too for Charlie King at Little, Brown,... Continue reading at The Bookseller

[ The Bookseller | 2015-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #david shelley #katie espiner #senior management #david young #lisa milton


Endless buys majority stake in The Works

Endless has acquired a larger stake in The Works, after buying executive chairman Anthony Solomon's stake, and is to open 30 new stores this year as part of its growth programme for 2015. Endless, a venture capitalist company which also owns a stake in The Book People, is now a majority... Continue reading at The Bookseller

[ The Bookseller | 2015-05-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book people #majority shareholder


Wal-Mart Tries to Catch Up With Amazon Prime but Lacks the Speed, Streaming Video

Wal-Mart Stores' planned competitor to the Amazon Prime service will have a price advantage, but catching up with its e-commerce rival won't be easy.Wal-Mart announced plans yesterday to give online customers unlimited free shipping for $50 a year, half the cost of Prime. What it lacks is... Continue reading at Advertising Age

[ Advertising Age | 2015-05-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #streaming video #wells fargo #tv shows #photo storage #loyalty program


Amazon creates a YA book club

The first title selected for the group is 'I'll Give You the Sun' by Jandy Nelson. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-05-14 00:00:00 UTC ]
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Jordan’s Jamalon: The “Arab Amazon” Built on Cash-On-Delivery

Jordanian online bookseller Jamalon solves distribution and delivery in the Arab world by offering cash-on-delivery services. The post Jordan’s Jamalon: The “Arab Amazon” Built on Cash-On-Delivery appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-05-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #arab world


Print drop hits S&S first quarter

A fall in physical book sales led to a decrease in revenue in the first quarter of 2015 for Simon & Schuster. Results released by the publisher’s parent company CBS Corporation were not broken down geographically, but gave publishing revenues for the first three months of this year at... Continue reading at The Bookseller

[ The Bookseller | 2015-05-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #results released #total revenues


Amazon Publishing Marches On

Amazon Publishing may have scaled back its plans to have a major New York City trade publishing presence since the departure of Larry Kirshbaum in early 2014, but the company still continues to expand its overall operation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon publishing #scaled back #larry kirshbaum


Amazon Publishing buys Russell trio

Amazon Publishing has acquired three books by Leigh Russell, who has previously been published by independent No Exit Press. Russell’s Journey to Death and two further titles will be published by Thomas & Mercer, Amazon Publishing’s crime imprint. Senior editor Emilie Marneur bought world... Continue reading at The Bookseller

[ The Bookseller | 2015-05-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #leigh russell #amazon publishing #exit press #thomas mercer #crime imprint