B&N to Save $40 Million Following New Layoffs

After posting disappointing holiday results, Barnes & Noble instituted a round of layoffs yesterday that it says will save the company $40 million annually and result in severance payments of about $11 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-02-13 00:00:00 UTC ]
News tagged with: #severance payments #$11 million

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Pearson to Invest $89.5 Million in Barnes & Noble's Nook Media

Publishing and education company Pearson PLC agreed to invest $89.5 million for a 5 percent stake in Barnes & Noble Inc.'s digital-business unit, Nook Media LLC. Continue reading at AllThingsD

[ AllThingsD | 2012-12-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #nook media

Cost savings for Scholastic after revenues drop

Scholastic Corporation has reported a 10% year-on-year drop in revenue in the second... Continue reading at The Bookseller

[ The Bookseller | 2012-12-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #scholastic corporation #cost savings

Amazon’s Plan: “Sell Millions of Kindles in Brazil,” says Naggar

Through exclusive interviews with Amazon's David Naggar, author Paolo Coelho, and others, we get behind the scenes of Amazon's Kindle Store launch in Brazil this week. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-12-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #david naggar #sell millions #exclusive interviews

Glass sales hit one million

Writer Cathy Glass has reached one million in physical sales in the UK since her debut in 2007,... Continue reading at The Bookseller

[ The Bookseller | 2012-11-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #physical sales

Barnes & Noble reports Q2 2013 earnings: digital content sales up 38%, Nook unit rakes $160 million

Barnes & Noble's Nook unit didn't have its greatest quarter. The $160 million in revenue the new Microsoft-backed spin off raked in was slightly better than last year's $152 million, but still a significant drop from $220 million. In a sign of the growing ubiquity of e-readers however,... Continue reading at Engadget

[ Engadget | 2012-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #losing money #bottom line #time period #black friday #cyber monday

In China, 25 Million People Use Only Their Cell Phones to Read Books

Mobile reading may revive entire genres of literature, such as mid-length novels and poems, which have fallen out of favor. Continue reading at The Atlantic

[ The Atlantic | 2012-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cell phones #read books #mobile reading

Could Tumblr Save Web Publishing?

Last month, as storm surges from Hurricane Sandy inundated lower Manhattan, Datagram, a New York-based media ISP, watched as its basement full of severs took on over five feet of water, causing major outages for prominent online publishers like Gawker Media, BuzzFeed and the Huffington Post. ... Continue reading at AdWeek

[ AdWeek | 2012-11-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #front door #coming months

Behold, the Biblio-Mat: Collect All 112 Million Titles!

Canadian bookshop The Monkey's Paw has unveiled the Biblio-Mat, a random book dispenser built by Craig Small as an artful alternative to sidewalk discount bins. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-20 00:00:00 UTC ]
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Scholastic To Donate One Million Books for Superstorm Recovery

Scholastic is donating a million books and offering free online resources to those children and teachers affected by Superstorm Sandy. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #million books

Sales of three million for latest Apple devices

Apple has announced sales of three million units internationally for its latest tablet devices,... Continue reading at The Bookseller

[ The Bookseller | 2012-11-06 00:00:00 UTC ]
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El País, Leading Newspaper in Spain, Announces Plans for Layoffs

El País, which had avoided the losses that have hit the newspaper industry worldwide as it struggles with the transition to digital publishing, announced it would dismiss one-third of its staff. Continue reading at The New York Times

[ The New York Times | 2012-10-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #el pas #announces plans #digital publishing

Sharethrough Grabs $5 Million in Funding for Native Ad Push

Sharethrough founder and CEO Dan Greenberg is one of the more vocal evangelists of the native advertising talk that has recently bubbled up. While native advertising isn’t an easy sell to media buyers who typically prefer traditional buying methods, the online video advertising startup has grown... Continue reading at AdWeek

[ AdWeek | 2012-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$40 million #editorial content #usa today #york office

Good Relaunches, Opens Up About Layoffs

Good founder Ben Goldhirsh shocked media types and set in motion a slew of terrible headline puns (“Bad! Major Editorial Layoffs Hit Good”) when the company laid off the majority of its editorial staff with very little explanation last June. Yet after a quiet summer, Goldhirsh and Good are... Continue reading at AdWeek

[ AdWeek | 2012-09-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #generate content #core values

Newspaper Jobs Shrink 40% In 10 Years

While plenty of industries have shrunk over the last couple years, few have been hit as badly as newspaper publishing, which was already contracting before the economic downturn began. Since then, economic woes have simply reinforced the long-term tr ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-09-19 00:00:00 UTC ]
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E-book price-fixing: three publishers agree to pay $69 million to consumers

Hachette Book Group, HarperCollins, and Simon & Schuster say they will pay consumers to settle claims they conspired to fix ebook prices. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-08-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers agree #simon schuster #settle claims

E-book Publishers Reach $69 Million Settlement With States

Three book publishers will pay more than US$69 million to U.S. states to settle charges they collaborated to fix prices of ebooks. Continue reading at PC World

[ PC World | 2012-08-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book publishers #fix prices

States reach $69 million settlement with three publishers in ebook price fixing case

When the US Department of Justice sued Apple and five major book publishers over alleged ebook price rigging, it immediately became clear that a few of these companies would do just about anything to avoid trial. That same day, three of the publishers -- HarperCollins, Simon & Schuster and... Continue reading at Engadget

[ Engadget | 2012-08-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #bought ebooks #barnes noble #abc news #give customers

HoZ buys Kindle million-seller

Head of Zeus has acquired eight novels in the Donovan Creed series by Kindle millionaire John... Continue reading at The Bookseller

[ The Bookseller | 2012-08-10 00:00:00 UTC ]
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Erotic book passes million mark

Erotic book Fifty Shades of Grey has become the fastest adult paperback novel to sell one million print copies, smashing previous records. Continue reading at BBC News

[ BBC News | 2012-06-28 00:00:00 UTC ]
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