As Revenue Tops $380 Billion, Bezos to Step Down as Amazon CEO

Jeff Bezos, founder and CEO of Amazon, will hand over the CEO duties to Andy Jassy, head of Amazon Web Services, this summer. The company reported that sales in the year jumped 38% over 2019, to $386.1 million, and earnings skyrocketed 84%. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2021-02-02 05:00:00 UTC ]
News tagged with: #company reported #andy jassy #ceo duties #jeff bezos #amazon ceo

Other Publishing stories related to: 'As Revenue Tops $380 Billion, Bezos to Step Down as Amazon CEO'


Jeff Bezos to Step Down as Amazon CEO in Q3

After 27 years, Jeff Bezos, the entrepreneur who turned an online bookstore into one of the most powerful companies in the world, announced his plans to step down as Amazon CEO. In an email to employees on Tuesday, Bezos said the transition will come in Q3, at which point he will become... Continue reading at AdWeek

[ AdWeek | 2021-02-02 21:43:59 UTC ]
More news stories like this | News stories tagged with: #bookstore #executive chair #online bookstore #amazon ceo #jeff bezos


Amazon's 2018 Sales Topped $232 Billion

The giant company's sales increased 31% in 2018 over 2017, and its operating income tripled to $12.4 billion. Among the many reasons cited for the big 2018 financial gains was the performance of Amazon’s third-party sellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-01 00:00:00 UTC ]
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Amazon Sales Top $100 Billion

Total revenue at Amazon hit $107 billion in 2015, a 20% increase over sales in 2014. Operating income jumped to $2.2 billion in the year, from $178 million in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-28 00:00:00 UTC ]
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Bezos admits making 'billion of dollars of failures' at Amazon

Amazon c.e.o. Jeff Bezos has admitted to making “billions of dollars of failures” at the company, and has said it does not matter. Speaking at Business Insider’s Ignition conference, Bezos also addressed the dispute the online retailer had with Hachette Book Group in the US, which has now been... Continue reading at The Bookseller

[ The Bookseller | 2014-12-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #online retailer #business insider #jeff bezos


Scribd CEO Aims for $1 Billion in Revenue from Ebook Subscriptions

Scribd formally launched ebook subscriptions today and the company CEO said he believes the service could eventually produce $1 billion in annual revenue. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-10-02 00:00:00 UTC ]
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Wiley Sales Topped $2 Billion in Fiscal 2022

Wiley overcame a decline in its education publishing segment to post a 7% increase in revenue for the fiscal year ended April 30, 2022 and a 18% increase in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-16 04:00:00 UTC ]
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Indigo Sales Topped C$1 Billion in Fiscal 2022

Driven by an increase in its physical stores, sales at Indigo Books & Music increased 17.4% in the fiscal year ended April 2, 2022, over fiscal 2021, rising to C$1.06 billion. Canada’s largest bookstore chain had an operating profit of C$29 million, compared to a loss of C$31.9 million in... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
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Audio Publishers Association: US Audiobook Revenues Reach $1.6 Billion in 2021

Growth in audiobook revenue by genre was led in 2021 by romance, self-help, and science-fiction per the Audio Publishers Association. The post Audio Publishers Association: US Audiobook Revenues Reach $1.6 Billion in 2021 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-06-07 15:41:05 UTC ]
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Deborah James’s second and final book tops Amazon chart ahead of publication

The columnist and podcaster’s How to Live When You Could Be Dead is out in August heads the bestsellers listPre-orders of Deborah James’s second book have soared within days of it becoming available. The podcast host’s memoir-cum-self-help volume is topping the Amazon UK bestsellers list, ahead... Continue reading at The Guardian

[ The Guardian | 2022-05-19 11:47:24 UTC ]
More news stories like this | News stories tagged with: #final book #brought forward #richard osman #podcast host


Wiley on Track to Top $2 Billion in Sales in Fiscal 2022

Despite a number of challenges, third quarter revenue at John Wiley rose 7% over the comparable period in fiscal 2021 and the company is poised to have sales exceed $2 billion for the first time in its history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-10 05:00:00 UTC ]
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'Bigger and bigger': Amazon attains top spot for UK adspend in 2021

Nielsen documented a 20% increase in adspend in 2021 following previous 17% decline. Continue reading at Media Week

[ Media Week | 2022-03-02 09:07:47 UTC ]
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Finecast CEO Jakob Nielsen steps down

Nielsen and two colleagues were suspended by WPP following a whistleblower’s allegations. Continue reading at Media Week

[ Media Week | 2021-11-11 20:15:28 UTC ]
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Amazon Charts: The Couple at No 9 moves into the top

Claire Douglas' The Couple at No 9 (Penguin) has leapfrogged Richard Osman's The Man Who Died Twice (Penguin) to hit the Amazon Charts' Most-Sold: Fiction number one. Continue reading at The Bookseller

[ The Bookseller | 2021-10-27 11:26:35 UTC ]
More news stories like this | News stories tagged with: #fiction number #claire douglas #amazon charts


Amazon Charts: One August Night sails into the top

Victoria Hislop's One August Night (Headline) has climbed 15 places to hit the Amazon Charts' Most-Sold: Fiction number one spot, as its Kindle price dropped to 99p. Continue reading at The Bookseller

[ The Bookseller | 2021-09-08 02:00:28 UTC ]
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Amazon Charts: King and Jane's Patisserie rise to the top

Jane Dunn's Jane's Patisserie (Ebury) and Stephen King's Billy Summers (Hodder & Stoughton) have topped Amazon's Most-Sold: Non-Fiction and Most-Sold: Fiction rankings respectively. Continue reading at The Bookseller

[ The Bookseller | 2021-08-11 22:55:21 UTC ]
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Mikyla Bruder Steps Up at Amazon Publishing

The forthcoming head of Amazon's publishing arm, a 10-year veteran at the business, looks toward its future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-18 04:00:00 UTC ]
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Amazon Charts: Twochubbycubs swipe up to the top

James and Paul Anderson's Twochubbycubs: Fast and Filling (Yellow Kite) has zoomed straight to the top of the Amazon Charts' Most-Sold: Non-Fiction chart.  Continue reading at The Bookseller

[ The Bookseller | 2021-04-13 16:21:05 UTC ]
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PRH Worldwide Revenue Hit $4.4 Billion in 2020

Driven by strong sales in the U.S. in 2020, revenue at Penguin Random House increased 4.6% over 2019, while profits jumped 23%. The U.S. accounted for 58% of worldwide sales, up from 56% in 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-30 04:00:00 UTC ]
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Steinberger Steps Down, Phillips Up as Arcadia CEO

David Steinberger is stepping down as CEO of Arcadia Publishing and will be succeeded in the role by Brittain Phillips, currently director of business development. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-26 05:00:00 UTC ]
More news stories like this | News stories tagged with: #business development #arcadia publishing #david steinberger