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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Digital growth will put a strain on bricks & mortar, says Orion's Roche

Written By: Charlotte Williams Publication Date: Wed, 16/02/2011 - 07:42 Orion chief executive Peter Roche has called increasing ebook sales "welcome" but cautioned that they will put "more of a strain on bricks and mortar" bookselling. Roche was speaking to hundreds of authors, agents and... Continue reading at The Bookseller

[ The Bookseller | 2011-02-16 00:00:00 UTC ]
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Apple Unveils Digital Subscription Service

Apple has officially rolled out its long awaited subscription-model for content publishers in the App Store. Under the plan, if subscribers come to a publisher's app organically through the App store, Apple gets a 30 percent share. If the publisher brings a new or existing subscriber to the App,... Continue reading at Folio Magazine

[ Folio Magazine | 2011-02-15 00:00:00 UTC ]
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Salt launches digital romance imprint

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[ The Bookseller | 2011-02-15 00:00:00 UTC ]
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Barbara Cartland is latest author to be wooed by digital

Written By: Lisa Campbell Publication Date: Fri, 11/02/2011 - 07:59 The estate of the romance writer Barbara Cartland has fallen to the embrace of digital, in a move that sees her print publisher suffering a painful rejection. About a quarter of Cartland's extensive ouevre is to be published... Continue reading at The Bookseller

[ The Bookseller | 2011-02-11 00:00:00 UTC ]
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Time Inc. Launching 'All Access' Digital Subscription Plan

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[ Folio Magazine | 2011-02-11 00:00:00 UTC ]
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Literacy still crucial in digital age, says Mollet

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[ The Bookseller | 2011-02-08 00:00:00 UTC ]
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French book sales down 1.5% in 2010

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[ The Bookseller | 2011-02-07 00:00:00 UTC ]
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Recipe Report: Faludhaj

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[ Publishers Weekly | 2011-02-07 00:00:00 UTC ]
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Dire January fails to thaw frozen early 2010 sales

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[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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The Daily's $30 Million Launch: Archetype for Tablet Success or the Next Portfolio?

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[ Folio Magazine | 2011-02-02 00:00:00 UTC ]
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PA opposes review of Digital Economy Act

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[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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[ The Bookseller | 2011-02-01 00:00:00 UTC ]
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[ Publishers Weekly | 2011-01-31 00:00:00 UTC ]
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Amazon Claims E-book Sales Beat Paperbacks

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[ PC World | 2011-01-29 00:00:00 UTC ]
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[ Folio Magazine | 2011-01-28 00:00:00 UTC ]
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Amazon Kindle Book Sales Soar

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[ PC World | 2011-01-28 00:00:00 UTC ]
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[ The Bookseller | 2011-01-28 00:00:00 UTC ]
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Man Booker to accept digital submissions for first time

Written By: Katie Allen E-books are to be accepted for entry for the Man Booker prize for the first time in 2011 as a number of changes are made to the rules. Publishers are being asked to submit a digital version of their submissions as judges are to be supplied with e-readers for the first... Continue reading at The Bookseller

[ The Bookseller | 2011-01-28 00:00:00 UTC ]
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Written By: Barbara Casassus Market research firm GfK has predicted that 1 million tactile tablets will be sold in France this year. A total of 435,000 worth 220 million euros were sold here in 2010, a strong start for the new market. Although tablet sales for Christmas were reported not to... Continue reading at The Bookseller

[ The Bookseller | 2011-01-27 00:00:00 UTC ]
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[ The Bookseller | 2011-01-26 00:00:00 UTC ]
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