B&N Will Rise or Fall with Content

While Barnes & Noble has created lots of buzz and headlines with its Nook e-reading devices, its future profitability lies in the sale of content. That was the message CEO William Lynch delivered to analysts last week in a conference call discussing first-quarter results. Improved gross margins were due to increased sales of higher-margin content, while competition forced B&N to lower the price of its e-reading devices by an average of 23% compared to a year ago, which contributed to a decline in device sales. Lynch said that while B&N needs to be “competitive” in the device space, “hardware is not where margins reside—they reside in digital content.” Digital content sales rose 46% in the first quarter, with sales of apps, magazines, and newspapers growing at a slightly faster pace than ebooks, Lynch noted. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2012-08-24 00:00:00 UTC ]
News tagged with: #lynch noted #increased sales #device sales #barnes noble #e-reading devices

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Knopf to Publish Two by Cormac McCarthy in the Fall

Knopf has announced it will be publishing two new novels by Cormac McCarthy. 'The Passenger' is set for October 25 and 'Stella Maris' for November 22, with both titles will being published together, as a box set, on December 6. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-08 05:00:00 UTC ]
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Rising book bans: Grounds for moral panic?

Books in schools and libraries increasingly have targets on their spines. The more partisan the battle has become, the more it manifests as a power struggle, rather than an effort to best serve children. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2022-02-09 18:11:00 UTC ]
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Sales Rise for Christian Retailers

A strong holiday season helped increase sales by 15% for Christian booksellers from 2019 to 2021, according to ParableConnect’s 2022 State of Christian Retail Report, which surveyed over 220 Christian bookstores and analyzed $74 million in sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-09 05:00:00 UTC ]
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Print Sales Likely to Fall in 2022

The past two years saw strong gains in unit sales of print books due to the pandemic and other factors, but that trend is unlikely to continue this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-28 05:00:00 UTC ]
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Unit Sales of Print Books Likely to Fall in 2022

After increasing 8% in 2020 and 9% in 2021, it is unlikely that unit sales of print books will grow again in 2022, Kristen McLean, executive director and industry analyst for NPD/BookScan Books. She noted the importance of several other trends, including the influence of BookTok and the growth... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-28 05:00:00 UTC ]
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Pearson profits set to rise 33% as Bird repositions business

Pearson has seen full-year group sales up 8% in 2021 with profits expected to boom by a third, the company revealed in a trading update. Continue reading at The Bookseller

[ The Bookseller | 2022-01-18 18:17:49 UTC ]
More news stories like this | News stories tagged with: #company revealed #trading update #pearson


Nintendo's 'Ring Fit Adventure' falls to $55, plus the rest of the week's best tech deals

This week brought deals on Apple devices, gaming gear and more. The Mac Mini M1 remains on sale for $600 while the 3rd-generation AirPods are back down to a record low of $140. Nintendo's Ring Fit Adventure is back in stock and $25 off, while you can still get a one-year Switch Online family... Continue reading at Engadget

[ Engadget | 2022-01-14 16:45:01 UTC ]
More news stories like this | News stories tagged with: #fmengadget readers #audiobook credit #tap-to-snooze feature #january 25th #buying advice #audiobook


Storytel revenues up 20% in 2021 as company eyes more exclusive content

Swedish audio streaming company Storytel’s revenues for the last quarter of 2021 were up 20% on the previous year, in line with its forecast. Continue reading at The Bookseller

[ The Bookseller | 2022-01-11 18:19:04 UTC ]
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Indie bookshop numbers rise for fifth consecutive year, BA figures show

The number of independent bookshops in the UK and Ireland has grown for the fifth consecutive year despite challenges brought by the pandemic, the Booksellers Association says. Continue reading at The Bookseller

[ The Bookseller | 2022-01-07 22:34:12 UTC ]
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EDC Sales, Earnings Fall

Financial results from Educational Development Corp. continue to suffer from comparisons to the record highs they hit last year, although EDC said sales through the first nine months of the year are still ahead of pre-pandemic levels. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-07 05:00:00 UTC ]
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Candlestick Press hails 23% sales rise and prepares for bumper year

Candlestick Press is planning to publish a record 22 titles this year and says sales in 2021 were up 23% on the previous 12 months. Continue reading at The Bookseller

[ The Bookseller | 2022-01-06 13:52:51 UTC ]
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Galley Beggar falls for Kandasamy's Book of Desire

Galley Beggar Press has landed The Book of Desire, Meena Kandasamy’s "feminist intervention and reclamation" of an ancient classical Indian text.  Continue reading at The Bookseller

[ The Bookseller | 2021-12-14 14:03:11 UTC ]
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The UK’s Publishers Association Charts a ‘Steep Rise’ in Audiobook Sales

The United Kingdom's audiobook sales show an eye-catching 71-percent jump, January to June this year over the same period in 2019. The post The UK’s Publishers Association Charts a ‘Steep Rise’ in Audiobook Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-11-28 17:52:33 UTC ]
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Reading Short Stories is Helping Me Fall in Love With Reading Again

Inspired by another Rioter's bookish rituals, I'm trying my own. I wake up earlier than usual to enjoy a slow morning reading short stories. Continue reading at Book Riot

[ Book Riot | 2021-11-18 11:36:00 UTC ]
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Irish Book Awards ceremony moves online only as Covid cases rise

The An Post Irish Book Awards ceremony has been moved to an online only ceremony due to the worsening coronavirus rates in the country. Continue reading at The Bookseller

[ The Bookseller | 2021-11-16 13:49:06 UTC ]
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What Barrett’s rise has meant for the Supreme Court

Linda Greenhouse examines the first year of what could become known as the Trump court. Continue reading at The Washington Post

[ The Washington Post | 2021-11-12 13:00:00 UTC ]
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CONTEC México 2021: Focus on a ‘New Generation of Children’s Content’

This year's CONTEC México program from Frankfurter Buchmesse brings together textual and visual storytellers. The post CONTEC México 2021: Focus on a ‘New Generation of Children’s Content’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-11-08 19:38:44 UTC ]
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Propagate Content snaps up film rights to Doshi's Burnt Sugar

Propagate Content has bagged the film rights for Avni Doshi's Booker Prize-shortlisted novel Burnt Sugar (Hamish Hamilton). Continue reading at The Bookseller

[ The Bookseller | 2021-11-06 05:42:15 UTC ]
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Report shows fourfold rise in minority ethnic characters in UK children’s books

The Centre for Literacy in Primary Education welcomes steep increase in representation, but warns there are ‘no quick fixes’The proportion of children’s books featuring a minority ethnic character has almost quadrupled in the last four years, according to a new survey – but researchers say “we... Continue reading at The Guardian

[ The Guardian | 2021-11-04 14:36:37 UTC ]
More news stories like this | News stories tagged with: #books featuring #picture books #quick fixes