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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Vatican, Bodleian Libraries will publish millions of ancient texts online

Works that will be available for perusal will include Gutenberg's Bible, believed to be the first text ever printed. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-04-13 00:00:00 UTC ]
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Audible to pay authors $1 per audiobook sale

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[ The Bookseller | 2012-04-13 00:00:00 UTC ]
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Double-digit print drop for top publishers

Eight of the top 10 publishers saw double-digit drops in printed book sales year-on-year in the... Continue reading at The Bookseller

[ The Bookseller | 2012-04-13 00:00:00 UTC ]
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Antitrust officials reportedly sue Apple, publishers over ebooks

WASHINGTON -- Antitrust officials are expected to announce Wednesday that they are filing suit against Apple Inc. and five major book publishers for allegedly colluding to fix the price of ebooks. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-11 00:00:00 UTC ]
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Report: Media/Marketing M&A Up 7 Percent in Q1 2012

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[ Folio Magazine | 2012-04-11 00:00:00 UTC ]
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Reports: Apple Could Face Federal E-Book Suit Today

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[ AllThingsD | 2012-04-11 00:00:00 UTC ]
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[ Betanews | 2012-04-10 00:00:00 UTC ]
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Yale Publishing Course Aims to Expand Publishing’s International Scope, and Enhance Digital Monetization

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[ Folio Magazine | 2012-04-10 00:00:00 UTC ]
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B&N moves fuel UK Nook hopes

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[ The Bookseller | 2012-04-10 00:00:00 UTC ]
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New Reports Chart the Rise of E-books

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[ Publishers Weekly | 2012-04-06 00:00:00 UTC ]
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Incendio! Pottermore E-Book Sales on Fire.

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[ AllThingsD | 2012-04-05 00:00:00 UTC ]
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[ Baltimore Sun | 2012-04-05 00:00:00 UTC ]
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[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
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RR Donnelley Invests $2.5 Million in Catalog App

[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
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Google Offers Publishers a Way to Monetize Content With Surveys

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[ PC World | 2012-03-30 00:00:00 UTC ]
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[ Publishers Weekly | 2012-03-30 00:00:00 UTC ]
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[ The Bookseller | 2012-03-29 00:00:00 UTC ]
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'Harry Potter' ebooks go on sale on Pottermore

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[ Los Angeles Times | 2012-03-27 00:00:00 UTC ]
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How Marvel's Digital Superpowers Won Over Brick-And-Mortar Retailers

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[ Fast Company | 2012-03-27 00:00:00 UTC ]
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