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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Pearson profit warnings wipe almost £2bn off its value

Education giant plans sale of stake in Penguin Random House to Bertelsmann as it cuts payout to shareholdersAlmost £2bn was wiped from the stock market value of Pearson after the beleaguered FTSE 100 company issued profit warnings for the next two years and said it would cut its payout to... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #redundancy fears #profits warnings #stock market #pearson chief #47% stake


Pearson shares fall 30% on profits and dividend warning

The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News

[ BBC News | 2017-01-18 00:00:00 UTC ]
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Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #educational publishers #john fallon #profits warnings #students enrolling #pearson chief


What Canada’s Shelfie Data Suggests About Ebook Subscriptions

Penguin Random House 'holds an effective veto on the success of ebook subscription services," says Shelfie's Peter Hudson. The post What Canada’s Shelfie Data Suggests About Ebook Subscriptions appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-01-13 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook subscriptions


Scribd Ends Comics Subscription Service

After launching the category in 2015 with much fanfare, Scribd has now quietly ended subscription access to comics and graphic novels. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-11 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #graphic novels


Citing a Surge in Subscriptions, The Atlantic Prints Second Run of Jan/Feb Issue

On newsstands and in mailboxes, the 160-year-old magazine continues to defy industry trends. The post Citing a Surge in Subscriptions, The Atlantic Prints Second Run of Jan/Feb Issue appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-01-07 00:00:00 UTC ]
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Flummoxed by the 'Broken' Ad-Supported Publishing Model, Medium Slashes Staff

Medium, the online publishing company started by Twitter co-founder Ev Williams, is changing its business model and cutting a third of its staff.The company, which has raised $132 million in venture capital from investors including Greylock Partners and Andreessen Horowitz, relied on the same... Continue reading at Advertising Age

[ Advertising Age | 2017-01-05 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #make money #media companies #andreessen horowitz #venture capital


On eve of Costa awards, experts warn that top books prizes are harming fiction

The dominance of three honours in the UK can be prohibitively expensive for small publishers, and end up discouraging risk-taking on ‘difficult’ authorsCutting-edge British literary fiction risks being undermined by its growing reliance on a handful of powerful book prizes, a leading literary... Continue reading at The Guardian

[ The Guardian | 2017-01-02 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #predominantly white #diverse voices #major houses #literary fiction #costa book #curtis brown


CMS committee warns cuts 'making arts less accessible'

The Culture, Media and Sport select committee has warned that budget cuts are making culture less accessible, as part of its latest report on funding and support for the arts outside London. Continue reading at The Bookseller

[ The Bookseller | 2016-12-16 00:00:00 UTC ]
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Authors United warns of attacks on 'author livelihoods' under Trump administration

The new US administration under Donald Trump could make things "very, very much worse" for authors, according to campaign group Authors United. Continue reading at The Bookseller

[ The Bookseller | 2016-12-08 00:00:00 UTC ]
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Russia’s Bookmate Subscription: 12 Languages and Growing

In quick expansion, the Russian ebook subscription service Bookmate started life as an e-reader producer, and evolved into a subscription service. The post Russia’s Bookmate Subscription: 12 Languages and Growing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-12-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #subscription service #post russia


Ukazoo Books to Test Smaller Store Model

After losing its lease, the Towson, Md. used and new bookstore is downsizing to less than one-third of its original size, or 2,800 sq. ft., and trying to create a workable model to add more stores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #original size #ukazoo books


Eason on track for second year of profit but warns on Brexit

Eason is on track to retain its profitability this year, with single-digit revenue growth, its c.e.o. Conor Whelan has told The Bookseller on the eve of the all-important Christmas bookselling season. However, the chain’s chief also warned of the potential impact Brexit could have on the... Continue reading at The Bookseller

[ The Bookseller | 2016-11-18 00:00:00 UTC ]
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Murakami warns against excluding 'outsiders' in award speech

Haruki Murakami has warned against excluding outsiders in an acceptance speech for 2016's Hans Christian Andersen Literature Award in Odense, Denmark. Continue reading at The Bookseller

[ The Bookseller | 2016-11-03 00:00:00 UTC ]
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Denmark’s New Palatium: Curating Indie Books for Subscriptions

Can a 'gateway to worldwide subscription services' for self-published authors up the ante for those services? Two Danes think believe it can. The post Denmark’s New Palatium: Curating Indie Books for Subscriptions appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-11-03 00:00:00 UTC ]
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The Death of Thailand's King Is Having a Massive Impact on Media There

Sunee Paripunna, Thailand CEO of Omnicom Media Group, said a national television pool would live-broadcast each day's funeral rites for the late king, with normal programs resuming afterward with restricted content. "Most (channels) are airing content tributes to the life and work of the late... Continue reading at Advertising Age

[ Advertising Age | 2016-10-14 00:00:00 UTC ]
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Creative Industries Federation warns on education 'threat'

Current education policies threaten the UK's standing as a global creative power, a problem which will be exacerbated by Brexit, the Creative Industries Federation has claimed. Continue reading at The Bookseller

[ The Bookseller | 2016-10-11 00:00:00 UTC ]
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How Snapchat's Big Changes Impact Advertisers and Publishers

Snapchat is a little different today, going back to its roots with a retooling that boosts personal messages and lowers visibility for its publishing partners in Discover.The reconfiguration is seen as a sign that Snapchat doesn't see the need to keep putting Discover in users' faces. A few... Continue reading at Advertising Age

[ Advertising Age | 2016-10-10 00:00:00 UTC ]
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Publishing risks 'becoming irrelevant', warns Penguin Random House boss

Industry’s lack of diversity ‘is a real issue, and we have been slow’, says Tom Welson, launching a new scheme to attract under-represented communitiesThe chief executive of the UK’s largest publisher has warned that the books industry will “become irrelevant” if it continues to fail to reflect... Continue reading at The Guardian

[ The Guardian | 2016-10-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bame black #under-represented communities #tom weldon #largest publisher #real issue


Movie studio Legendary is branching out with a subscription app

Movie studio Legendary Entertainment, which owns digital publishers Nerdist and Geek & Sundry, wants to be less reliant on advertising (up to 75 percent of the company’s digital revenues still comes from advertising). In November, Legendary will launch a $5-per-month streaming app for new... Continue reading at Digiday

[ Digiday | 2016-09-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #digital revenues #subscription app