Barnes and Noble has not had an easy go of it. The brick-and-mortar stalwart has seen its revenues and profits steeply decline as we've entered the age of the ebook. In fact, profits haven't just shrunk; they've disappeared. During the fourth quarter of fiscal year 2013, the company suffered a net loss of $118.6 million, down significantly from the already poor showing it posted in 2012 when it lost $56.9 million in Q4. For the year, that put Barnes and Noble's losses at $154.8 million -- more than double what it lost in 2012. Revenues have dropped both at retail outlets and its Nook digital business by $105 million and $56 million, respectively year-over-year. For its e-reader and ebook arm, that represents a 34 percent drop from Q4 2012. The bad news there is that device sales have declined dramatically and, while content sales were up for the year, in the fourth quarter they fell by 8.9 percent. Barnes and Noble attributes the year-over-year fall in sales to be attributed to the lack of blockbuster titles. In Q4 2012 revenues were boosted by juggernauts like Fifty Shades of Grey and The Hunger Games. Going forward Barnes and Noble wants to significantly cut its losses on the struggling Nook business. To do that the company will be partnering with an as yet unnamed third party to manufacture and co-brand its tablet line. The Nook line of e-readers will continue to be designed and built in-house, but the retailer will be looking beyond its Manhattan office walls for... Continue reading at 'Engadget'
[ Engadget | 2013-06-25 00:00:00 UTC ]
Report commissioned by HarperCollins shows that uptake in YA fiction in older readers is due to behavioural changes described as ‘emerging adulthood’ or delaying ‘adult’ lifeYoung adult fiction such as The Hunger Games, A Good Girl’s Guide to Murder and the Heartstopper graphic novels might be... Continue reading at The Guardian
[ The Guardian | 2024-04-30 11:59:14 UTC ]
More news stories like this
Fans who were girls in the era of Harry Potter, The Hunger Games and Twilight are now the women who have powered the success of Barbie and the Eras Tour. Continue reading at The Conversation
[ The Conversation | 2024-02-18 19:51:27 UTC ]
More news stories like this
Scholastic has announced that an illustrated edition of THE HUNGER GAMES is coming out later this year. Here are the details. Continue reading at Book Riot
[ Book Riot | 2024-01-18 16:47:28 UTC ]
More news stories like this
Titles in the Hunger Games and Empyrean series sold in big numbers last week, leading to a 1.4% increase in sales of print books over 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-11-30 00:00:00 UTC ]
More news stories like this
United Kingdom regulators were effectively the last hurdle stopping Microsoft from purchasing Activision Blizzard, in the biggest merger the video game industry has ever seen. That hurdle was cleared this morning as the UK’s Competition and Markets Authority relented to adjusted terms.... Continue reading at PC World
[ PC World | 2023-10-13 14:10:14 UTC ]
More news stories like this
Twitter's advertising revenue is down 59 percent during a five week stretch between April 1st and early May compared to the same period last year, The New York Times has reported. It regularly falls short of sales projections, and things aren't likely to change soon (apparently despite the... Continue reading at Engadget
[ Engadget | 2023-06-06 09:25:43 UTC ]
More news stories like this
Last year, Nintendo put its eShop in "maintenance mode" in Russia, which prevented access to the eShop for customers in the country. Now, the company is making it official: Nintendo is halting all sales in Russia.Nintendo of Europe announced that as of May 31st, 2023, the company will halt all... Continue reading at Engadget
[ Engadget | 2023-06-01 20:45:48 UTC ]
More news stories like this
Wild speculation over a book known as ‘4C Untitled Flatiron Nonfiction Summer 2023’ has seen excited Swifties placing pre-orders. The bad news? It is likely not by herThe formula to a bestselling book is a mystery publishers have wrestled with for centuries. Now they may finally have their... Continue reading at The Guardian
[ The Guardian | 2023-05-10 03:53:07 UTC ]
More news stories like this
Last year’s historical fiction was all about the 60s, baby, while this year’s features more from the 1950s, the long 19th century, and the 1970s. I have bad news for Gen-Xers and Xennials: the 1990s are now historical fiction, and there’s plenty coming out about the tail end of the 20th century... Continue reading at Literrary Hub
[ Literrary Hub | 2023-01-30 09:52:54 UTC ]
More news stories like this
On July 27, exactly two years to the date since she took over S&S's flagship imprint, Dana Canedy will step down from her position as senior v-p and publisher. Her predecessor, S&S president and CEO Jonathan Karp, will lead the imprint "for the foreseeable future." Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-07-19 04:00:00 UTC ]
More news stories like this
If your Kindle has ads or “Special Offers” showing onscreen, it’s because you made a deal. You chose to save money on your Kindle’s purchase price by accepting the "Ad-Supported discount (formerly known as the “With Special Offers” discount). It seemed like a good idea at the time, but now... Continue reading at PC World
[ PC World | 2021-08-18 22:51:00 UTC ]
More news stories like this
It is hard to talk about sex and literature without making some sort of Fifty Shades of Grey reference. But where Fifty Shades shows a caricature of S&M, the new anthology Kink is a celebration of the range of human desires. From the power of control and the titillation of voyeurism, this... Continue reading at Electric Literature
[ Electric Literature | 2021-02-12 12:00:00 UTC ]
More news stories like this
“Human Nature” brings together the work of photographers documenting the earth’s altered landscape. It’s not all bad news. Continue reading at The Washington Post
[ The Washington Post | 2021-01-05 13:00:00 UTC ]
More news stories like this
On Thursday night—in the hours after President Trump’s lawyers Rudy Giuliani and Sidney Powell convened a press conference and laundered spectacularly-deranged voter-fraud conspiracy theories involving Hugo Chávez, George Soros, and the Clintons—Tucker Carlson, the Fox News host, said on air... Continue reading at Columbia Journalism Review
[ Columbia Journalism Review | 2020-11-23 13:19:50 UTC ]
More news stories like this
Hundreds of titles will flood the market because of Covid. It’s bad news for minority authors, says former Booker prize judgeOver the summer, novelist and screenwriter David Nicholls has been something of a hero. With a humorous nod to the less glamorous aspects of publishing life – hastily... Continue reading at The Guardian
[ The Guardian | 2020-08-16 07:29:05 UTC ]
More news stories like this
This article has some relatively good news and then some particularly bad news. First the good news. Continue reading at The Bookseller
[ The Bookseller | 2020-07-19 12:23:27 UTC ]
More news stories like this
Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. On today’s episode, host Jo Reed and AudioFile’s Michele Cobb revisit the Hunger Games, this... Continue reading at Literrary Hub
[ Literrary Hub | 2020-07-03 08:06:39 UTC ]
More news stories like this
Featuring the good news and the bad news from the week in books, the big titles everyone is talking about, the best reviewed books, adaptation news, and more… From Book Marks editors Dan Sheehan and Katie Yee. Discussed in this week’s episode: Haruki Murakami’s lockdown radio show Barnes &... Continue reading at Literrary Hub
[ Literrary Hub | 2020-05-15 08:49:00 UTC ]
More news stories like this
Digital publisher develops commercial break that avoids pandemic stories, as industry struggles with skittish advertisers. Continue reading at Advertising Age
[ Advertising Age | 2020-04-17 17:36:26 UTC ]
More news stories like this
With schools closed for the foreseeable future, and the nation having to adapt quickly to home education, parents are getting to grips with juggling their new home tutor roles - as well as managing their own workloads and coping with the day to day pressures of looking after families during this... Continue reading at The Bookseller
[ The Bookseller | 2020-04-15 18:45:49 UTC ]
More news stories like this