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

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The misunderstood 'digital native' has a two-minute attention span

There have been quite a few studies aimed at figuring out what makes the so-called "digital native" (i.e. children of the 90's who have had Web access and mobile technology their entire lives) tick. Most of them arrive at some disparaging conclusion or other: "Digital natives are slow to pick up... Continue reading at Betanews

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

Two new reports released in the past 10 days document the ebook market’s rapid growth in the U.S. and the U.K., and suggest that a significant global spike is close at hand. Among the major takeaways from the “Bowker Market Research Global eBook Monitor” or GeM, study, ebooks are beginning to... Continue reading at Publishers Weekly

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

$1.5 million worth of Harry Potter books sold in Pottermore's first three days online. Continue reading at AllThingsD

[ AllThingsD | 2012-04-05 00:00:00 UTC ]
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Pew Report: E-reading on the rise

About a fifth of American adults have read an ebook in the past year, a figure likely helped along by the recent holiday surge in the sale of tablet and e-reader devices, according to a report from the Pew Internet and American Life Project. Continue reading at Baltimore Sun

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

Continuing to diversify beyond its role as a printer, RR Donnelley made a reported $2.5 million investment in the catalog shopping app CoffeeTable, which allows tablet users to browse and purchase from multiple retailers’ catalogs directly w Continue reading at Folio Magazine

[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
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RR Donnelley Invests $2.5 Million in CoffeeTable

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[ Folio Magazine | 2012-04-04 00:00:00 UTC ]
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Earnings, Margins Rise at Random

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[ Publishers Weekly | 2012-03-30 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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HC UK reports three year high

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[ The Bookseller | 2012-03-29 00:00:00 UTC ]
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Harry Potter ebooks on sale today

The Harry Potter ebooks will go on sale exclusively from the Pottermore website from midday... Continue reading at The Bookseller

[ The Bookseller | 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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'Harry Potter' ebooks go on sale on Pottermore

The "Harry Potter" series, which has conquered mediums from books to movies, is finally available in ebook format. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-03-27 00:00:00 UTC ]
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Marvel Offers Digital Extras for Comic Book Fans

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[ PC World | 2012-03-26 00:00:00 UTC ]
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AOP: Two Thirds of Online Publishers Plan to Grow Digital Roles

Two thirds of UK online publishers are planning to increase the number of digital roles "on the back of product growth expectations", the Association of Online Publishers reported today, compared to 55 per cent which saw growth in 2011. Acco ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-03-26 00:00:00 UTC ]
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SLA criticises Ofsted report

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[ The Bookseller | 2012-03-23 00:00:00 UTC ]
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Johnston Press CEO Signals Move to 'Digital First'

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[ Editor & Publisher | 2012-03-22 00:00:00 UTC ]
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MPA Event Panelists: Innovation on the Digital Newsstand Is Key

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[ Folio Magazine | 2012-03-22 00:00:00 UTC ]
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New York Magazine Takes Home Digital Ellie for General Excellence

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[ Folio Magazine | 2012-03-21 00:00:00 UTC ]
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At MPA Digital: Swipe, Publishers See Gains From Tablet Efforts

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[ Folio Magazine | 2012-03-21 00:00:00 UTC ]
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Stranger Than Fiction: Oprah Was Bad for Book Sales

By encouraging readers to tackle longer, more sophisticated novels, the queen of daytime TV may have hurt overall fiction sales. Continue reading at The Atlantic

[ The Atlantic | 2012-03-20 00:00:00 UTC ]
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