BIBF: Dohle warns on impact of subscription model

Heavy readers switching to use ebook subscription services would have a "huge impact" on the revenue of book publishers, c.e.o of Penguin Random House (PRH) US Markus Dohle has warned. Continue reading at 'The Bookseller'

[ The Bookseller | 2016-08-26 00:00:00 UTC ]
News tagged with: #huge impact #subscription model #book publishers #markus dohle

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Dohle: PRH to maintain 'very cost and cash-conscious approach' in wake of pandemic

Penguin Random House c.e.o. Markus Dohle has warned staff the publisher may need to tighten its belt in its approach to publishing facing "the difficult times ahead". Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 04:28:40 UTC ]
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The Coronavirus' Impact on Libraries Goes Beyond Books

Shuttering public libraries puts a strain on communities—even if it’s the only way to keep people safe. Continue reading at Wired

[ Wired | 2020-03-23 20:35:01 UTC ]
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Pearson warns Covid-19 will hit profits and pauses share buyback

Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-22 23:25:19 UTC ]
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Digital Subscription Is Booming in Sweden. Is It Sustainable?

Publisher revenues from digital subscription services surged 36.2% last year over the year prior. But can the trend last? Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-20 04:00:00 UTC ]
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Barnes & Noble warns of potential cuts if stores close due to coronavirus

Barnes & Noble boss James Daunt has sent a letter to staff warning of potential lay offs if stores are closed due to the coronavirus. Continue reading at The Bookseller

[ The Bookseller | 2020-03-20 01:04:03 UTC ]
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Ad Age print subscription update in light of the COVID-19 pandemic

As many of us transition to working from home in this unprecedented situation, we recognize that you may not be receiving your print copy of Ad Age. We would like to offer you the option to redirect your copy of Ad Age to your home so you can continue to enjoy the magazine in print. To change... Continue reading at Advertising Age

[ Advertising Age | 2020-03-19 18:27:27 UTC ]
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Scholastic moves to cut costs as it anticipates coronavirus impact

Scholastic Corporation has said it expects business in the fourth quarter to be affected by coronavirus-related school closures and it is taking "agressive actions to reduce operating expenses throughout the Company" as a result, including the temporary closure of warehouse and distribution... Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 15:51:43 UTC ]
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Bookshop.org to share 30 percent of each purchase with bookstores impacted by coronavirus shutdowns.

Bookshop.org, an alternative to Amazon that shares proceeds from book sales with independent bookstores, will give more money to those stores in response to the coronavirus pandemic and its impact on small businesses. Bookshop announced today that it would increase bookstore partners’ affiliate... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-18 15:09:12 UTC ]
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Digital Media India: Google Highlights Data, Subscription Products for Publishers

At the recent Digital Media India conference, Rohan Tiwary of Google Asia Pacific, offered updates on some of the company’s ongoing Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-03-17 17:30:42 UTC ]
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Mohammed bin Salman is a mystery, but his impact on Saudi Arabia is brutally obvious

Ben Hubbard’s biography details the prince’s new brand of “electronic authoritarianism.” Continue reading at The Washington Post

[ The Washington Post | 2020-03-13 12:00:00 UTC ]
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Authors Guild Unveils New Model Trade Book Contract

Using some or all of the clauses in the model contract, the Authors Guild said, will help ensure that writers receive the rights granted them under current U.S. copyright and contract law. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-13 04:00:00 UTC ]
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Dohle seeks to reassure PRH staffers as US colleagues told to go home

Markus Dohle, chief executive officer for Penguin Random House, has shared a note to reassure staff worldwide that the safeguarding of their health is its "highest priority", at the same time as staff in its US offices, in New York, Colorado Springs and Emeryville, were told to "plan for today... Continue reading at The Bookseller

[ The Bookseller | 2020-03-13 03:08:10 UTC ]
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W H Smith issues £40m profit warning as coronavirus hits travel business

W H Smith has warned the impact of the coronavirus outbreak could cut its profit by up to £40m as the pandemic hits its Travel business.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-12 09:57:11 UTC ]
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COVID-19 Impact Listing: Cancellations, Policy Changes, and More.

We will be maintaining a list of canceled events, impacted book industry functions and policies, and more on this list as a resource for navigating the new coronavirus and its impact on the industry. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-12 04:00:00 UTC ]
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Coronavirus Impact Begins to Spread

The growing impact of the coronavirus pandemic on the publishing industry came into view this week as some independent bookstores reported slowing sales and the number of book festival and author tour cancellations rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-12 04:00:00 UTC ]
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Q&A: How AI Is Expected to Have a $19 Trillion Economic Impact by 2035

Artificial intelligence is expected to create more value for global businesses than the current worth of the entire United States economy over the next 15 years. That figure--$19.2 trillion--comes from an economic model commissioned for a new book called The AI Age by Adam Riccoboni, managing... Continue reading at AdWeek

[ AdWeek | 2020-03-11 21:34:01 UTC ]
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Aging Media Network Serves Senior Care Professionals, But Its Business Model Is Young at Heart

[caption id="attachment_162389" align="alignright" width="270"] John Yedinak[/caption] John Yedinak, CEO of Aging Media Network, jokingly refers to himself as a college dropout who went to work with his “really smart brother,” George, to try and make his own business work. Yet the company the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-10 15:10:55 UTC ]
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Monoray to rush out Schick's warning of the Infocalypse

Monoray has acquired Deep Fakes and the Infocalypse: What You Urgently Need To Know by political commentator Nina Schick and will be publishing this July. Continue reading at The Bookseller

[ The Bookseller | 2020-03-06 05:07:06 UTC ]
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Digital subscriptions help Sweden market rise as physical sales sink

Physical book sales in Sweden are falling but the take-up of digital subscription services is on the rise, leading to a boost in revenue during 2019, new figures show. Statistics published by trade magazine Svensk Bokhandel showed sales nudged up 1.1% by value and 4.9% by volume in 2019... Continue reading at The Bookseller

[ The Bookseller | 2020-02-18 15:14:31 UTC ]
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Dohle: PRH ‘well on its way’ to reducing carbon emissions 20% by 2025

Markus Dohle, Penguin Random House c.e.o., has said Penguin Random House is "well on its way" to reducing its carbon emissions by 20% by 2025, after parent company Bertelsmann declared its goal to be "climate neutral" by 2030. Continue reading at The Bookseller

[ The Bookseller | 2020-02-18 12:34:10 UTC ]
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