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 ]
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Mondadori Unites Children's Imprints

Italian publisher The Mondadori Group announced that it will be unifying its children's imprints, Arnoldo Mondadori Editore and Piemme, including the Battello a Vapore and Geronimo Stilton imprints, to form a new children's publishing division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-30 00:00:00 UTC ]
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Amazon, Alloy Team for Digital Imprint

Amazon Publishing and Alloy Entertainment have partnered on a new digital-first imprint called Alloy Entertainment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-29 00:00:00 UTC ]
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Amazon partners with Alloy for YA digital-first imprint

Amazon Publishing in the US has partnered with Alloy Entertainment, a division of Warner Bros, to... Continue reading at The Bookseller

[ The Bookseller | 2014-07-29 00:00:00 UTC ]
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Nielsen Book: Total book market declined 4% in 2013

The overall book market including print and digital fell by 4% in 2013, according to Nielsen Book... Continue reading at The Bookseller

[ The Bookseller | 2014-07-28 00:00:00 UTC ]
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Kensington to Unify Digital Imprints

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[ Publishers Weekly | 2014-07-28 00:00:00 UTC ]
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Nook makes UK gains

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[ The Bookseller | 2014-07-25 00:00:00 UTC ]
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Mobile ad success helps Facebook deliver stunning Q2 results

Facebook has smashed all estimates in its earnings and revenue report this week, largely thanks to its robust mobile ad business. The results slapped down any niggling doubts among critics about the social network's ability to transform itself from a simple communication website to a... Continue reading at Betanews

[ Betanews | 2014-07-25 00:00:00 UTC ]
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Writers unite in campaign against 'thuggish' Amazon

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[ The Guardian | 2014-07-25 00:00:00 UTC ]
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Dave Asprey’s "The Bulletproof Diet," a lifestyle title due this December from Rodale Books, is the result of more than 20 years of research. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-25 00:00:00 UTC ]
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Pearson Cutting 4,000 Jobs as First-Half Sales Decline

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[ Editor & Publisher | 2014-07-25 00:00:00 UTC ]
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The Personal Touch It’s not only sales that publishers look for in a distributor

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[ Publishers Weekly | 2014-07-25 00:00:00 UTC ]
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Conde Nast's Golf World Magazine Goes Digital-Only

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[ Advertising Age | 2014-07-23 00:00:00 UTC ]
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App partners with HarperCollins to digitize your old print books

BitLit has landed a deal with the publisher to allow readers to get their print books into an ebook format. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-07-23 00:00:00 UTC ]
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Amazon-Dissenting Authors Form 'Authors United'

As HBG's dispute with the e-tailer continues, authors are starting to prepare for the long haul by forming their own organization. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-22 00:00:00 UTC ]
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Native-Ad Metrics Startup Simple Reach Raises $9 Million

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[ Advertising Age | 2014-07-22 00:00:00 UTC ]
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Native-Ad Metrics Startup SimpleReach Raises $9 Million

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[ Advertising Age | 2014-07-22 00:00:00 UTC ]
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[ The Bookseller | 2014-07-21 00:00:00 UTC ]
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Why digital publishers want to be in the magazine business

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[ Digiday | 2014-07-21 00:00:00 UTC ]
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App Report: Every Day Is a Food Holiday

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Recipe Report: 'A Simple Feast' by Diana Yen

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