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, digital content sales were up 38 percent while the units overall revenue was up just 6 percent. Of course the Nook is still losing money, having cut $51 million from the company's bottom line. If you step outside of the digital realm things are looking slightly better for the book purveyor, as profits were up to $65 million -- a 15.6 percent increase over the same time period last year. As we enter the holiday season things should start to look up for B&N and there were good signs during the four day shop-stravaganza from Black Friday to Cyber Monday as sales of Nook hardware doubled from last year. For all the fun financial details hit up the source.Continue reading Barnes & Noble reports Q2 2013 earnings: digital content sales up 38%, Nook unit rakes $160 millionCommentsVia: TechCrunchSource: Barnes & Noble Continue reading at 'Engadget'

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

Other Publishing stories related to: 'Barnes & Noble reports Q2 2013 earnings: digital content sales up 38%, Nook unit rakes $160 million'


Sales and publicity changes at PRH Ireland

Penguin Random House Ireland is to bring all publicity for Penguin, Random House and DK publishing in-house, with sales moving to one integrated team, and Michael McLoughlin appointed as m.d. of the business. Continue reading at The Bookseller

[ The Bookseller | 2015-09-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh ireland #random house


Print up as booksellers put digital 'threat' behind them

Bricks-and-mortar booksellers have a “fantastic opportunity to seize the moment”, with year-to-date print sales up for the first time in eight years. Figures from Nielsen Bookscan show sales of print books for the first 36 weeks of 2015 are up by 4.6% (worth £739.5m) when compared to the same... Continue reading at The Bookseller

[ The Bookseller | 2015-09-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print books #print market #bricks-and-mortar booksellers #year-on-year growth #calendar year


A manifesto for a digital book platform

"The future of the book business will certainly be unveiled on a digital platform." Even as some believe that ebooks' progress has been staggered by a retreat to print, Trajectory c.e.o. and co-founder Jim Bryant is undaunted in his vision for the primacy of "relevancy and discovery" inherent in... Continue reading at The Bookseller

[ The Bookseller | 2015-09-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book business #digital platform


Has Amy Schumer signed an $11 million book deal?

Comic darling. Tick. Feature film debut, Trainwreck. Tick. Emmy for cable channel sketch show. Tick. Continue reading at Stuff

[ Stuff | 2015-09-23 00:00:00 UTC ]
More news stories like this |


Spirituality and Religion On-Sale Calendar: October 2015

Don Miguel Ruiz and Barbara Emrys' 'The Toltec Art of Life and Death' and James Martin's fiction debut are among the most anticipated spirituality and religion books publishing in October. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #james martin #fiction debut


Hearst Invests $21 Million in Pop-Culture Network Complex Media

Hearst has made another bet on an emerging pop-culture brand, investing $21 million in Complex Media, a digital-media company that operates websites devoted to music, fashion, food and movies.Hearst, the publisher of Cosmopolitan and Esquire magazines, last year acquired a 25% stake in... Continue reading at Advertising Age

[ Advertising Age | 2015-09-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #statement tuesday #media companies #strong brands #cable networks


Axel Springer Wants to Buy Business Insider for Around $560 Million

German publishing giant Axel Springer is closing in on a deal to buy Business Insider, in a deal that would value the Web publisher at around $560 million.      Sources familiar with the two companies think a transaction could close w ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #axel springer #business insider #sources familiar


9 Intriguing and Fun Digital Marketing Stats From the Past Week

With summer largely in the rearview mirror, marketers are attending conferences and generally revealing more media- and brand-related data. Here are nine of such stats that caught our eye last week. 1. During a Re/code podcast, BuzzFeed CEO Jonah Peretti said that more than 75 percent of his... Continue reading at AdWeek

[ AdWeek | 2015-09-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mobile app #video platform #digital marketing


Solid Sales Lift Spirits at SIBA

With sales at many member stores up over last year, SIBA executive director Wanda Jewell said booksellers "seem very positive going into the holiday season,” Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #member stores #holiday season


L.A. arts groups get $4.5 million from Michael Bloomberg's foundation

Michael Bloomberg, the publishing mogul and former New York City mayor, will pump $4.5 million into L.A.'s nonprofit arts scene over the coming two years, as part of a national initiative by his Bloomberg Philanthropies to help small and mid-size arts organizations. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-09-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michael bloomberg #bloomberg philanthropies


Banned Books Week Gets a Digital Makeover

An expanded web presence and growing social media audience has increased the visibility of the three-decades old program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-18 00:00:00 UTC ]
More news stories like this |


Futurebook Digital Census 2015 launches

The Bookseller has launched its annual tracker of the publishing's industry's transformation, the FutureBook Digital Census. The survey, which annually attracts more than 1,000 responses from across the book business, looks at the patterns of digital sales growth and industry views on subjects... Continue reading at The Bookseller

[ The Bookseller | 2015-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #annual tracker #book business #ebook pricing #agency model


Country Spotlight: Malaysia: Digital Segment on the Move

The Malaysian ebook industry is still in the low single digit in terms of market share and international ebook retailers have yet to show signs of setting up shop here. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #country spotlight #market share #show signs


How legacy publishers are tackling digital

Figuring out the digital landscape is a challenge for everyone, not least of all for legacy print publishers. Moving over to mobile and other social media platforms has forced publishers to "divine a whole new path" says Mike Perlis from Forbes Media. Meanwhile, Liz Vaccariello from the... Continue reading at Digiday

[ Digiday | 2015-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #legacy publishers #digital landscape #forced publishers #forbes media #liz vaccariello #staying relevant


Canadian Publishing 2015: E-book Sales Level Off

E-book sales have leveled off for the most part in 2015 to date, continuing a trend that began last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book sales


News Corporation to Buy Unruly for Up to $176 Million

News Corporation announced Wednesday that it was buying Unruly, a video ad technology company, in a deal worth up to $176 million that underscores the publishing company’s continued push to remake itself for the digital age.   Fou ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-09-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #news corporation #deal worth #digital age


Ad Spending Skid Tacks on Another 3.9 Percent Dip in Q2 2015

Kantar Media numbers show decline in magazine ads, increase in some digital. The post Ad Spending Skid Tacks on Another 3.9 Percent Dip in Q2 2015 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-09-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #magazine ads


Bookshop holds sale for Calais library

The Big Green Bookshop is to hold a “pay what you like” sale to raise money for the Jungle Library in Calais. The independent bookshop in London’s Wood Green has so far raised £2,500 for the so-called Jungle Library– a makeshift library set up by teacher Mary Jones at the refugee camp in... Continue reading at The Bookseller

[ The Bookseller | 2015-09-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jungle library #independent bookshop #raise money #wood green #refugee camp


Graphic Novel, Comics Reporting Moves to PW Daily

This is the last issue of PW Comics World. PW’s coverage of graphic novel and comics publishing will be moved to PW Daily. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pw daily #comics publishing


Permission based publishing lets users keep control of content

Once content has been published online it's almost impossible to retain control and know who sees it or where it's distributed. A new solution from StoryCloud seeks to offer online content publishers control over how their material is consumed. Called Share By it provides user-controlled file... Continue reading at Betanews

[ Betanews | 2015-09-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #published online #file formats #social networking