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
Written By: Philip Jones Publication Date: Thu, 23/06/2011 - 07:30 E-book versions of the seven Harry Potter novels are likely to move a step closer today with the launch of an immersive website based on the Harry Potter universe. read more Continue reading at The Bookseller
[ The Bookseller | 2011-06-22 00:00:00 UTC ]
More news stories like this |
Written By: Philip Jones Publication Date: Wed, 22/06/2011 - 10:10 Publishers will play a bigger and more complicated role, but only if the link between the author and reader is "reconfigured", was among the conclusions from a panel of chief executives at Publishers Launch London. John... Continue reading at The Bookseller
[ The Bookseller | 2011-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#chief executives
#john makinson
#penguin group
#months ago
#barnes noble
#nook e-reader
Written By: Philip Jones Publication Date: Wed, 22/06/2011 - 16:00 Territorial rights are "obsolete", and contribute to the erosion of publishers' margins, but publishing remains an "intimate" business that would not be improved if local nuances are not respected, delegates at Publishers... Continue reading at The Bookseller
[ The Bookseller | 2011-06-22 00:00:00 UTC ]
More news stories like this |
Written By: Graeme Neill Publication Date: Tue, 21/06/2011 - 15:49 Barnes & Noble has announced a full year loss of $74m (£45.6m), despite a surge in digital sales lead by its Nook ebook reader helping it to report an all-time high in yearly sales of $7bn (£4.3bn). read more Continue reading at The Bookseller
[ The Bookseller | 2011-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#all-time high
Written By: Philip Jones Publication Date: Tue, 21/06/2011 - 11:46 Editors need to have a "vision" of how the content can be used beyond the traditional book, otherwise they risk losing control of the book to the "digital department", Publishers Launch London heard today. read more Continue reading at The Bookseller
[ The Bookseller | 2011-06-21 00:00:00 UTC ]
More news stories like this |
Advice for Amazon on its ebook strategy -- and these changes will please customers. Continue reading at PC World
[ PC World | 2011-06-19 00:00:00 UTC ]
More news stories like this |
Prevention magazine's new digital advertising network of niche health sites, dubbed the Healthy Living Group, is now in full swing since its May launch, with about 12 million monthly unique visiting the 35 sites in the network. The digital network is also now ranked 11th in the health category,... Continue reading at Folio Magazine
[ Folio Magazine | 2011-06-16 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital network
#prevention magazine
#full swing
CondeNet UK, the digital business of magazine publisher Condé Nast UK, edged closer to profitability in 2010, reducing its losses to £180,528, according to its latest financial results. Continue reading at Media Week
[ Media Week | 2011-06-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital business
Google is in talks to buy AdMeld, a display advertising company, for $400 million, according to the New York Times. TechCrunch first reported the acquisition, but inside sources told the Times that the deal hadnt been finalized and that negotiations could still fall apart. An acquisition of... Continue reading at AdWeek
[ AdWeek | 2011-06-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#venture capital
#weather channel
#hearst television
#neal mohan
#display advertising
#people connect
Written By: Tom Tivnan Publication Date: Wed, 08/06/2011 - 15:17 Digital rights management is a "felony", delegates at the second day of a UNESCO conference on digital books heard, as proponents for the liberalisation of copyright laws clashed with those favouring more traditional intellectual... Continue reading at The Bookseller
[ The Bookseller | 2011-06-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#conference hears
Written By: Graeme Neill Publication Date: Wed, 08/06/2011 - 09:07 Stuart MacBride is to write two digital exclusive projects after signing a deal with HarperCollins. Sarah Hodgson, deputy publishing director, bought rights from Philip Patterson at Marjacq Scripts. The first book, Sawbones,... Continue reading at The Bookseller
[ The Bookseller | 2011-06-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sarah hodgson
#bought rights
#philip patterson
#marjacq scripts
#24th october
#reluctant readers
#full collection
Written By: Philip Stone Publication Date: Tue, 07/06/2011 - 15:44 Thanks in part to a "better than half price" deal at Waterstone's, John Grisham tops the Official UK Top 50 for the first time in five and a half years. The Confession (Arrow), the Arkansas-born legal thriller writer's 23rd... Continue reading at The Bookseller
[ The Bookseller | 2011-06-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#grisham top
#half price
#half years
#confession arrow
#full week
#uk booksellers
#mass-market edition
Written By: Lisa Campbell Publication Date: Tue, 07/06/2011 - 11:40 Amazon.co.uk has announced that Orange Prize shortlisted author Emma Donoghues Room (Picador) is leading sales on the website ahead of rival contenders for the award. The Orange Prize for Fiction is revealed tomorrow (8th... Continue reading at The Bookseller
[ The Bookseller | 2011-06-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#website ahead
#orange prize
#nearest rival
#aminatta fornas
#love bloomsbury
Written By: Lisa Campbell Publication Date: Mon, 06/06/2011 - 14:49 Lee Child and Suzanne Collins are the latest authors to sell more than a million Kindle books. The pair join Stieg Larsson, James Patterson, Nora Roberts and Charlaine Harris. Child, who has written 16 Jack Reacher thrillers... Continue reading at The Bookseller
[ The Bookseller | 2011-06-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#suzanne collins
#latest authors
#james patterson
#nora roberts
#charlaine harris
#started writing
#time amazon
People is the most profitable U.S. magazine and had an excellent, +5.6% ad-page advertising 2010, so it was appropriate that the magazine did very well at min's seventh "Sales Executive of the Year" awards breakfast Thursday morning (June 2) at New York's Grand Hyatt. Continue reading at Folio Magazine
[ Folio Magazine | 2011-06-02 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#year awards
#grand hyatt
GigaOM, a media company targeting the tech space, has secured a $6 million round of funding led by Reed Elsevier's investment group Reed Elsevier Ventures. Existing venture partners Alloy Ventures and True Ventures also participated in the round. Continue reading at Folio Magazine
[ Folio Magazine | 2011-05-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#round led
#reed elsevier
#tech space
#funding led
Zinio, the digital newsstand that has previously been available for Apple iOS users, is now entering the Android market. Continue reading at Folio Magazine
[ Folio Magazine | 2011-05-31 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital newsstand
#android market
A ad tech startup that promises to help Web publishers make sense of all the data their ad sales generate. Continue reading at AllThingsD
[ AllThingsD | 2011-05-31 00:00:00 UTC ]
More news stories like this |
At the ALA Midwinter Meeting in San Diego, a standing-room-only panel focused on how ebooks will affect the future of libraries. From research and pilot programs to digitizing efforts, libraries have long helped prepare the way for ebooks. But now that the consumer market for ebooks has taken... Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-05-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#san diego
#panel focused
#consumer market