Apple, Amazon rivalry could grow

With iPad 3 rumored to be on the way—possibly boasting a sharper screen and talking personal assistant Siri—Apple CEO Tim Cook may drop the price of the iPad 2 so he can go after the cheaper tablet market now dominated by Amazon's Kindle and Barnes & Noble's Nook. Analysts figure a $200 to $300 price tag could get consumers' attention. “At [that price,] you're talking about an Apple device that becomes a challenge for the more dedicated e-readers,” said Gartner analyst Michael Gartenberg. The move could also give Apple's iBookstore a bigger presence in the ebooks market. Despite the iPad's popularity, Apple has only a 10% share of ebook sales, according to publishing consultant Jack Perry. He puts Amazon at 60% to 65% and BarnesandNoble.com at 20%.Authors and book publishers would like to see several strong competitors. But Apple will need to step it up. “Until Apple starts to market its store and not the device, I doubt they will gain much more of the market,” Mr. Perry said. Continue reading at 'Crains New York'

[ Crains New York | 2012-03-04 00:00:00 UTC ]

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Q1 Sales Down at B&N, As Losses Rise

Barnes & Noble’s sales fell 6.9% in the quarter ended July 28, compared to the same period last year. The company did note, however, that the sales trend improved in each month of the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-06 00:00:00 UTC ]
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Lawsuit reveals takeover bid for B&N by rival 'book retailer'

Barnes & Noble was on the cusp of being sold to another book retailer in June before the deal fell through, it has been revealed. Continue reading at The Bookseller

[ The Bookseller | 2018-08-30 00:00:00 UTC ]
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Barnes & Noble’s Former CEO, Demos Parneros, Launches Lawsuit Against Bookseller

A late-summer standoff has flared with the US publishing industry's largest–and longest-struggling–brick-and-mortar retail chain. Its former CEO is suing for defamation. The company, in response, alleges sexual harassment. The post Barnes & Noble’s Former CEO, Demos Parneros, Launches... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-08-29 00:00:00 UTC ]
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HMH Trade Sales Down 15% in Q2

With sales of backlist and frontlist titles down, as well as a drop in ebook sales, revenue in HMH's trade division fell 15% In the second quarter ended June 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-02 00:00:00 UTC ]
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Investment Group Acquires 5.7% Stake in B&N

The Schottenfeld Management Corp. has acquired over 4.1 million shares of Barnes & Noble and says in a filing that it has already talked to the retailer about actions it can take to improve shareholder value. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-24 00:00:00 UTC ]
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Russia’s Growing Ebook and Audiobook Sales in First Half of 2018

The Russian ebook distributor LitRes reports 45-percent growth year-over-year in ebook sales for the first half of this year. And Storytel, which ended its first year in May in the market, cites digital access over vast distances as a driver. The post Russia’s Growing Ebook and Audiobook Sales... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-07-18 00:00:00 UTC ]
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B&N Launches New Kids' Program

Barnes & Noble has launched a nationwide program, "Kids' Book Hangout," intended to give young readers ages 6-12 a space to talk about books in its stores while playing games and activities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-09 00:00:00 UTC ]
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Industry Stocks Dipped in First Half of 2018

Neither Barnes & Noble nor the spun-off Barnes & Noble Education have done terribly well in 2018. (Amazon, however, is doing just fine.) Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-06 00:00:00 UTC ]
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Barnes & Noble CEO ouster is latest setback in age of Amazon

Barnes & Noble's sudden firing of its CEO after only 14 months on the job dealt another setback to the embattled book seller as it struggles against stiffer competition from Amazon.The sudden vacancy at the top leaves Barnes & Noble treading water while it looks for a new leader, says... Continue reading at Advertising Age

[ Advertising Age | 2018-07-05 00:00:00 UTC ]
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Barnes & Noble fires its CEO Parneros without severance pay

Barnes & Noble has fired CEO Demos Parneros for violating company policies and said he'll exit the post without severance.A spokeswoman declined to say why he'd been terminated. It was "not due to any disagreement with the company regarding its financial reporting, policies or practices or... Continue reading at Advertising Age

[ Advertising Age | 2018-07-04 00:00:00 UTC ]
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NPD Group Sees 32-Percent Rise in US Political Books, Year to Date

The political debate is paying off for publishers of political books, NPD's data indicates, with major titles leading a nonfiction boost that shows up not just in print but also in ebook sales. The post NPD Group Sees 32-Percent Rise in US Political Books, Year to Date appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-06-21 00:00:00 UTC ]
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Carnegie medal winner slams children’s book publishers for ‘accessible’ prose

Geraldine McCaughrean, accepting award for Where the World Ends, warned that restricting the language children read risks creating a future underclass who are ‘easy to manipulate’Carnegie medal winner Geraldine McCaughrean has castigated the books industry for dumbing down language in children’s... Continue reading at The Guardian

[ The Guardian | 2018-06-18 00:00:00 UTC ]
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Fight or flight

Philip Jones reacts to David Leonhardt's piece on the "death of Barnes & Noble".  Continue reading at The Bookseller

[ The Bookseller | 2018-05-11 00:00:00 UTC ]
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Coalition Opposes Imposition of Paper Tariffs

A long simmering trade dispute between the U.S. and Canada has the possibility of significantly raising the cost of uncoated groundwood paper which is used by book publishers as well as newspaper and directory publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-13 00:00:00 UTC ]
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A Record Year for Publishing Stocks—With a Caveat

A year that found four of the 10 companies on the PW Stock Index seeing double-digit stock price increases also saw Barnes & Noble and other big names struggle. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
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Barnes & Noble’s best-selling books of 2017 are just so 2017

What do The Handmaid’s Tale, 1984, Rupi Kaur’s stories of survival, and The Subtle Art of Not Giving a F*ck have in common? They are all some of 2017’s best-selling books, according to Barnes & Noble. The bookseller has just released its top-selling fiction and nonfiction titles, and the... Continue reading at Fast Company

[ Fast Company | 2017-12-18 00:00:00 UTC ]
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Global Kids Connect 2017: Publishers Tackle Hot Topics

Four top children’s book publishers and agents closed out this year's GKC conference with a discussion of global trends. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-12 00:00:00 UTC ]
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Information Overload: Curation as an Essential Service of Book Publishers

UK publisher and commentator Michael Bhaskar talks of the centricity he sees in curation as the essential service and activity of publishers. The post Information Overload: Curation as an Essential Service of Book Publishers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-12-11 00:00:00 UTC ]
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Riggio Ups B&N Stake

Following Barnes & Noble's disappointing financial performance for the second quarter ended October 28, 2017, company chairman Len Riggio bought 1 million shares of company stock, raising his stake in B&N to 19.3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-05 00:00:00 UTC ]
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US Industry Eyes Canadian Retailer Indigo’s Plan To Open American Bookstores

Canada’s top bookstore chain, Indigo, confirms plans to open bookstores in the US in 2018. Some believe Indigo is in a better position to compete with Amazon than Barnes & Noble. The post US Industry Eyes Canadian Retailer Indigo’s Plan To Open American Bookstores appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-11-09 00:00:00 UTC ]
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