Amazon Turns $2.7 Billion Loss in 2022 to a Profit of $30 Billion in 2023

A strong holiday shopping season, an improved fulfillment operation, and cost cuts including an estimated 27,000 layoffs resulted in a $30 billion profit for Amazon in 2023 following a loss of $2.7 billion in 2022. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2024-02-02 05:00:00 UTC ]
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Amazon UK launches Textbook Trade-In Programme

Written By: Lisa Campbell Publication Date: Thu, 21/07/2011 - 09:08 Amazon.co.uk has launched a service allowing customers to trade in old textbooks in exchange for gift card credit on their Amazon account. The UK e-retailer is allowing customers to send textbooks to Amazon free-of-charge, but... Continue reading at The Bookseller

[ The Bookseller | 2011-07-21 00:00:00 UTC ]
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Amazon Kindle launches textbook rentals

Iniative would allow Kindle users to rent books with up to 80% offAmazon.com launched Kindle textbook rentals, promising "tens of thousands of textbooks" at discounts of as much as 80% less than purchase price on July 18. Continue reading at Baltimore Sun

[ Baltimore Sun | 2011-07-20 00:00:00 UTC ]
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Amazon offers US students textbook rental

Written By: Lisa Campbell Publication Date: Mon, 18/07/2011 - 15:22 Amazon.com is giving students the ability to rent textbooks on Kindle e-readers. The company said students can save up to 80% off textbook prices with the new initiative, which launched today. Kindle Textbook Rental will also... Continue reading at The Bookseller

[ The Bookseller | 2011-07-18 00:00:00 UTC ]
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Amazon Tries Taking the Kindle To School, Again, With Textbook Rentals

Amazon, which dominates the ebook market, has stayed out of the electronic textbook market. Until now: The company has opened up a textbook store for its Kindle platform, where it is renting "tens of thousands" of titles for the upcoming school year. Continue reading at AllThingsD

[ AllThingsD | 2011-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle platform #textbook rentals #ebook market


Amazon drops price of ad-supported Kindle

Written By: Graeme Neill Publication Date: Wed, 13/07/2011 - 15:32 Amazon.com has dropped the price of its advertising-heavy Amazon 3G Kindle to $139 (£86.91). Telecoms company AT&T is sponsoring the Kindle with Special Offers, which will include campaigns for customers and sponsored... Continue reading at The Bookseller

[ The Bookseller | 2011-07-13 00:00:00 UTC ]
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Amazon to open new fulfilment centre

Written By: Graeme Neill Publication Date: Mon, 11/07/2011 - 08:45 Amazon.co.uk is creating 900 jobs by opening its seventh fulfilment centre in Rugeley, Staffordshire. The 700,000 square foot centre will begin fulfilling orders from September and aims to employ more than 900 permanent and... Continue reading at The Bookseller

[ The Bookseller | 2011-07-11 00:00:00 UTC ]
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HarperCollins catches Amazon bestsellers

Written By: Graeme Neill Publication Date: Fri, 08/07/2011 - 08:27 HarperCollins has bought four books by Louise Voss and Mark Edwards, whose self-published novels have been Amazon bestsellers, in a six-figure, pre-empt deal. Commissioning editor Kate Bradley bought world rights from agent Sam... Continue reading at The Bookseller

[ The Bookseller | 2011-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #louise voss #mark edwards #self-published novels #pre-empt deal #coleridge white #physical edition


BA and PA set to oppose Amazon-Book Depository merger

Written By: Lisa Campbell Publication Date: Thu, 07/07/2011 - 09:06 The Booksellers Association has announced it will formally oppose the merger of Amazon and The Book Depository, with the BA saying that Amazon already had a "de facto monopoly". Meanwhile, the PA is actively considering... Continue reading at The Bookseller

[ The Bookseller | 2011-07-07 00:00:00 UTC ]
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BA opposes Amazon and Book Depository merger

Written By: Lisa Campbell Publication Date: Thu, 07/07/2011 - 09:06 The Booksellers Association has announced it will formally oppose the merger of Amazon and The Book Depository, saying that Amazon already had a "de facto monopoly". read more Continue reading at The Bookseller

[ The Bookseller | 2011-07-07 00:00:00 UTC ]
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Amazon Buys U.K. Competitor

Amazon is making a move to become even more international. The online bookseller has just acquired the Book Depository International, a U.K. bookseller that distinguishes itself as being home to "the largest range of titles in the world." The terms of the deal have not yet been released, but the... Continue reading at AdWeek

[ AdWeek | 2011-07-05 00:00:00 UTC ]
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Amazon to Acquire U.K. Online Book Seller and Publisher

Amazon.com has acquired The Book Depository International, a seven-year old online bookseller based in the UK, which also republishes titles that are no longer in print or poorly available. Continue reading at AllThingsD

[ AllThingsD | 2011-07-05 00:00:00 UTC ]
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Book Depository to "operate independently" of Amazon

Written By: Lisa Campbell Publication Date: Mon, 04/07/2011 - 16:00 The Book Depository has said it will continue to operate independently of Amazon, as the Office of Fair Trading (OFT) said it was "too early" to say if today's takeover of the online bookseller would trigger an investigation.... Continue reading at The Bookseller

[ The Bookseller | 2011-07-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book depository #operate independently #online bookseller #continuing growth


Amazon to acquire The Book Depository

Written By: Bookseller Staff Publication Date: Mon, 04/07/2011 - 12:29 Amazon.com has reached an agreement to acquire The Book Depository, the fast-growing online retailer founded by Andrew Crawford in 2004. Greg Greeley, Amazon's vice president of European Retail, said: "Customers in more... Continue reading at The Bookseller

[ The Bookseller | 2011-07-04 00:00:00 UTC ]
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Profit up at Waterstone's despite sales dip

Written By: Lisa Campbell Publication Date: Thu, 30/06/2011 - 09:41 Waterstone’s increased profit by £6.7m last year as like-for-like sales fell by 3.8%, according to financial results released today. read more Continue reading at The Bookseller

[ The Bookseller | 2011-06-30 00:00:00 UTC ]
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Centaur restructures with loss of up to 60 jobs

Centaur Media has confirmed a wide-ranging restructure of its publishing business that includes axing the print versions of two of its biggest titles, Design Week and New Media Age. Continue reading at Media Week

[ Media Week | 2011-06-29 00:00:00 UTC ]
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If a college graduate, older than 30, wealthy and Hispanic, you probably own an e-reader

By Joe Wilcox, Betanews Nearly a quarter of US adults with household income of $75,000 have ebook readers. By ethnicity, Hispanic Americans lead other races. Continue reading at Betanews

[ Betanews | 2011-06-28 00:00:00 UTC ]
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Borders cuts losses as suitors circle

Written By: Bookseller Staff Publication Date: Wed, 22/06/2011 - 09:15 Borders has cut its net losses by almost $100m (£61.7m) in May as two "buyout moguls" have emerged as contenders to take over the business. read more Continue reading at The Bookseller

[ The Bookseller | 2011-06-22 00:00:00 UTC ]
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What Amazon Must Do to Save Kindle Direct Publishing

As awesome as Kindle Direct Publishing is, it will be crushed by spam if Amazon doesn't take some action to control the amount of junk titles being dumped on it. Continue reading at PC World

[ PC World | 2011-06-18 00:00:00 UTC ]
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AAA will not expel agents turned publishers

Written By: Philip Jones Publication Date: Thu, 16/06/2011 - 11:39 The Association of Authors Agents will not expel those agents who have begun publishing their clients' work, after a meeting of agents held last night came to the view that it was not a conflict of interest. The issue was... Continue reading at The Bookseller

[ The Bookseller | 2011-06-16 00:00:00 UTC ]
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Condé Nast's digital business edges closer to profit

CondeNet UK, the digital business of magazine publisher Condé Nast UK, edged closer to profitability in 2010, reducing its losses to £180,528, according to its latest financial results. Continue reading at Media Week

[ Media Week | 2011-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital business