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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Trends in licensed publishing are similar in the U.K. and the U.S. in many ways. “The market has changed with the recession,” explained David Riley, managing director of Egmont U.K. “Retailers are more conservative, smaller amounts of money are changing hands in the acquisition of licenses, and... Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-11-26 00:00:00 UTC ]
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Hilary Mantel, Jonathan Franzen, Mohsin Hamid, Ruth Rendell, Tom Stoppard, Malcolm Gladwell, Eleanor Catton and many more recommend the books that impressed them this yearChimamanda Ngozi AdichieFive Star Billionaire by Tash Aw (Fourth Estate) is a brilliant, sprawling, layered and unsentimental... Continue reading at The Guardian
[ The Guardian | 2013-11-23 00:00:00 UTC ]
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After Amazon CEO Jeff Bezos bought the Washington Post with his spare pocket change earlier this year, I took a look at the growth of the digital publishing industry here in the Seattle area. Booktrope, a digital publishing startup based here in Seattle, was one of the companies I chatted with... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2013-11-22 00:00:00 UTC ]
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Amazon has launched its own digital currency for apps and games in the UK, six months after the... Continue reading at The Bookseller
[ The Bookseller | 2013-11-22 00:00:00 UTC ]
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Bookstore sales rebound in September and more in this week's publishing news briefs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-11-22 00:00:00 UTC ]
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Glam Media, one of the largest digital media companies, has hired magazine publishing veteran Dan Lagani as its first president and chief revenue officer, the company is expected to announce Tuesday. Continue reading at AllThingsD
[ AllThingsD | 2013-11-22 00:00:00 UTC ]
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Newcomers to the international bestseller lists locked down the top spots in several markets in October. Haruki Murakami’s much anticipated novel Colorless Tsukuru Tazaki and His Years of Pilgrimage, the author’s first since 1Q84, hit #1 on Spain’s fiction list (Knopf will publish a translation... Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-11-22 00:00:00 UTC ]
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In the world of online publishing, traffic means little in and of itself. That fact is often overlooked by some in the digital media world. The post The Downside of Digital Media’s Scale Fetish appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2013-11-22 00:00:00 UTC ]
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Local World's chairman, David Montgomery, has revealed his vision of the future role for journalists employed by his regional newspaper group.According to a Press Gazette report based on a sight of Monty's mission statement, a single journalist will fill a weekly paper by "skimming online... Continue reading at The Guardian
[ The Guardian | 2013-11-21 00:00:00 UTC ]
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Publisher of Heat says The Debrief will have aggregated news and sex advice for connected, influential readersBauer Media is the latest mainstream UK publisher to jump on the social mobile bandwagon, unveiling plans for The Debrief, a multiplatform digital brand aimed at "constantly connected,... Continue reading at The Guardian
[ The Guardian | 2013-11-21 00:00:00 UTC ]
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Tribune Co. announced a restructuring of its publishing business Wednesday to focus on its digital efforts and streamline operations, resulting in nearly 700 job losses across the Chicago Tribune, Los Angeles Times and six other daily newspapers. Continue reading at Baltimore Sun
[ Baltimore Sun | 2013-11-21 00:00:00 UTC ]
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Calling J.J. Watt a "freak" to his face is probably not a good idea, but Gatorade decided to chance it.Football and comic books go together like chocolate and, er, pumpkin bread--they're not a bad combination, but we don't see them put together very often. The on-field heroics of stars like... Continue reading at Fast Company
[ Fast Company | 2013-11-21 00:00:00 UTC ]
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Hot London Book Fair title The Miniaturist has now been sold in 30 territories ahead of its... Continue reading at The Bookseller
[ The Bookseller | 2013-11-20 00:00:00 UTC ]
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Yub spun out of TrialPay on Monday with $12 million in funding to help boost online efforts aimed at driving consumers to purchases in bricks-and-mortar stores. The Mountain View company led by CEO Alex Rampell said that it already has some big retailers and restaurants, including Burger King,... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2013-11-19 00:00:00 UTC ]
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Sales for the first eight months of 2013 fell 1.1% in adult trade, 15.8% in children’s/young adult, and 3.2% in religion, according to the newest figures from AAP’s StatShot statistics program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-11-19 00:00:00 UTC ]
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The Washington Post Co. announced Monday that it will change its name to Graham Holdings Company, acknowledging the Oct. 1 sale of the company’s flagship newspaper and several other publishing businesses to Amazon.com founder Jeffrey P. Bez ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2013-11-18 00:00:00 UTC ]
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Despite a dramatic drop in book sales, Aladin used bookstores have thrived, with some publishers dumping books to boost sales; a fixed-price law is now under debate. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-11-15 00:00:00 UTC ]
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There were both casualties and promotions as Penguin Random House Canada unveiled its restructured sales force. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-11-15 00:00:00 UTC ]
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Forbes Media, the publisher of the eponymous financial magazine and website, is exploring a sale.The company is working with Deutsche Bank AG to consider its options. In a memo to staff Friday morning confirming a report by Bloomberg News, CEO Mike Perlis said the company had received... Continue reading at Advertising Age
[ Advertising Age | 2013-11-15 00:00:00 UTC ]
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US Circuit Judge Denny Chin says Google Books falls under fair use, while the Authors Guild calls it copyright infringement. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-11-15 00:00:00 UTC ]
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