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 ]
Fifty Shades of Grey author E L James has released an excerpt of a new book that, like Grey (Arrow), takes on another of her novels from billionaire Christian Grey's perspective. Continue reading at The Bookseller
[ The Bookseller | 2016-09-14 00:00:00 UTC ]
More news stories like this
Is it possible to predict whether a book will sell well? Former publisher Jodie Archer and Matthew L Jockers, of Stanford University’s Literary Lab, built an algorithm to find outYour program can identify, from scanning 20,000 books, ones which made the New York Times bestseller lists with 80%... Continue reading at The Guardian
[ The Guardian | 2016-09-10 00:00:00 UTC ]
More news stories like this
Hodder & Stoughton has confirmed Boris Johnson's biography "will not be published for the foreseeable future". Shakespeare: The Riddle of Genius had been slated for publication in October, coinciding with the 400th anniversary of Shakespeare's death, but, according to the Daily Mail,... Continue reading at The Bookseller
[ The Bookseller | 2016-07-19 00:00:00 UTC ]
More news stories like this
The modified algorithm will place higher value on posts by friends, family, and colleagues — at the expense of media brands. The post Facebook’s Latest News Feed Change Sounds Like Bad News for Publishers appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-06-30 00:00:00 UTC ]
More news stories like this
Fifty Shades of Grey by E L James has been voted the "most embarrassing book in the world", according to Mumsnet users. Continue reading at The Bookseller
[ The Bookseller | 2016-06-10 00:00:00 UTC ]
More news stories like this
More magazine, which began publishing in 1997 and billed itself as "the magazine for women of style and substance," is shutting down, publisher Meredith Corp. announced Thursday. In a statement, the... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2016-02-26 00:00:00 UTC ]
More news stories like this
Waterhouse Press, which published the bestselling 12-book erotica series that 'USA Today' just touted as the next Fifty Shades of Grey, is taking a numbers-driven approach to cracking the bestseller list. So far, it seems to be working. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-21 00:00:00 UTC ]
More news stories like this
43 percent of UK consumers expect drones to be the most influential technology in 2016, according to IEEE’s annual survey, with smart phones (38 percent) and 3D printing (31 percent) close behind. The online survey, conducted in November 2015, questioned over two thousand adults to find out what... Continue reading at Betanews
[ Betanews | 2016-01-21 00:00:00 UTC ]
More news stories like this
Fifty Shades of Grey author E L James is helping to raise funds for a flood-hit cricket club, that has "literally disappeared under the same deluge" as flooded bookshop Book Case, in Hebden Bridge. Continue reading at The Bookseller
[ The Bookseller | 2016-01-07 00:00:00 UTC ]
More news stories like this
E L James' Fifty Shades of Grey series has claimed five spots on Apple's iBooks 2015 best-selling fiction chart while Jeffrey Archer has claimed four spots and Lee Child has two. Continue reading at The Bookseller
[ The Bookseller | 2015-12-11 00:00:00 UTC ]
More news stories like this
Katniss Everdeen may have come out on top of the weekend box office with an estimated $101 million in domestic ticket sales, but the new "The Hunger Games: Mockingjay -- Part 2" fell short of industry expectations and, unlike the "Twilight" and "Harry Potter" young-adult juggernauts, her "Hunger... Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-11-23 00:00:00 UTC ]
More news stories like this
The dystopian YA franchise that has made an indelible mark on popular culture has reached its final chapter with the release of Lionsgate's 'Mockingjay Part 2' on November 20. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-11-10 00:00:00 UTC ]
More news stories like this
A woman who founded the publishing firm which initially released Fifty Shades of Grey has been ordered by a US judge to set aside $10.7m (£6.9m) for her former partner after being found guilty of defrauding her out of royalties for the book. Australian Amanda Hayward and Jennifer Pedroza were... Continue reading at The Bookseller
[ The Bookseller | 2015-08-28 00:00:00 UTC ]
More news stories like this
Paula Hawkins’ The Girl on the Train (Transworld) is Amazon.co.uk’s biggest selling ebook of 2015 so far, the retailer has revealed. The list of top 20 ebooks of the year is dominated by female authors, with E L James’ Fifty Shades of Grey companion novel, Grey: Fifty Shades of Grey as told by... Continue reading at The Bookseller
[ The Bookseller | 2015-08-27 00:00:00 UTC ]
More news stories like this
The latest installment in E.L. James’s Fifty Shades of Grey series, Grey, hit #1 in France, Italy, and Spain last month. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-08-21 00:00:00 UTC ]
More news stories like this
Harper Lee’s long-lost novel has sold over 200,000 copies in the UK over the past weekEL James’ reign at the top of the UK book charts for the last month with her erotic bestseller Grey has been ended by a novel written in the 1950s and abandoned in a box for decades: Harper Lee’s Go Set a... Continue reading at The Guardian
[ The Guardian | 2015-07-21 00:00:00 UTC ]
More news stories like this
Fifty Shades of Grey author E L James has written a new romance, and is halfway through writing a second, she revealed in a Twitter chat with UK fans. The writer took part in the online gathering yesterday (29th June), but the hashtag for the chat #AskELJames was hijacked by people criticising... Continue reading at The Bookseller
[ The Bookseller | 2015-07-01 00:00:00 UTC ]
More news stories like this
E L James’ own company Fifty Shades Ltd had a “very successful” year to the end of September 2014, with a turnover of £18.1m and profits of £9.8m. However, this was down significantly on the previous year, when the company generated £43m with a profit of £25m. Continue reading at The Bookseller
[ The Bookseller | 2015-06-30 00:00:00 UTC ]
More news stories like this
On the same day that Apple Music launched, Apple received some bad news from the 2nd U.S. Circuit Court of Appeals. In a 2 to 1 vote, judges ruled that the company did conspire with publishers to inflate the prices of ebooks sold through iBookstore, agreeing with a 2013 ruling. The judges found... Continue reading at Betanews
[ Betanews | 2015-06-30 00:00:00 UTC ]
More news stories like this
The latest instalment of Fifty Shades of Grey has sold 1.1m copies in the US in all formats, Penguin Random House has revealed. Anne Messitte, publisher of Vintage Anchor in the US, said Grey: Fifty Shades of Grey as Told by Christian sold 1.1m copies in trade paperback, ebook and audio in the... Continue reading at The Bookseller
[ The Bookseller | 2015-06-24 00:00:00 UTC ]
More news stories like this