NFT advocates often tout the technology's ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including the publishers of college textbooks.Pearson, which said in 2019 it would focus on digital textbook sales, wants a piece of the action. “In the analogue world, a Pearson textbook was resold up to seven times, and we would only participate in the first sale,” CEO Andy Bird told Bloomberg this week. “The move to digital helps diminish the secondary market, and technology like blockchain and NFTs allows us to participate in every sale of that particular item as it goes through its life."There's an obvious reason why students resell textbooks. They're expensive! Students often have to spend hundreds of dollars on required materials each semester — or even hundreds of dollars on a single textbook. Selling on a textbook when it's no longer needed just makes sense.Turning textbooks into NFTs and banking on the blockchain to track ownership of them (from “owner A to owner B to owner C,” as Bird put it) seems unnecessary, though. Digital rights management already exists and doesn't need to go anywhere near cryptocurrency. Pearson has a $15 per month subscription service for its textbooks as well.Bird could simply be bloviating about a zeitgeisty technology to try and keep Pearson's investors... Continue reading at 'Engadget'
[ Engadget | 2022-08-03 20:10:20 UTC ]
News tagged with:
#second-hand sales
#nft advocates
#major attributes
#secondary market
#analogue world
#makes sense
#pearson
Unit sales of print books fell 8% in the week ended Oct. 8, 2022, from the comparable week in 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-10-14 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#early october
The moves at the nation’s largest newspaper publisher include a week of mandatory unpaid leave and voluntary buyouts. Continue reading at The New York Times
[ The New York Times | 2022-10-12 21:51:53 UTC ]
More news stories like this | News stories tagged with:
#voluntary buyouts
Exclusive: Associated Newspapers faces first legal case over alleged voicemail interceptionThe Daily Mail’s parent company is facing its first legal claim for phone hacking, after the former Liberal Democrat MP Sir Simon Hughes filed a case against the newspaper publisher.Hughes is alleging that... Continue reading at The Guardian
[ The Guardian | 2022-10-10 17:00:40 UTC ]
More news stories like this | News stories tagged with:
#legal case
#legal claim
#daily mail
#phone hacking
#private investigator
Deep declines in adult nonfiction and juvenile categories and only a small gain in adult fiction resulted in a 9.6% drop in print sales last week compared to a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-10-07 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#adult nonfiction
#juvenile categories
#small gain
#6% drop
#week compared
#print sales
The decline in unit sales slowed in the third quarter as adult fiction sales soared, but sales are still down for the year so far. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-10-07 04:00:00 UTC ]
More news stories like this |
We talk with Michelle Lewis and Charles Hannah, who own and operate Third Eye Books, a store in Portland, Ore., focused on anti-racism and social justice titles. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bookselling spotlight
Unit sales of print books declined 4.2% last week as good debuts in adult fiction were not enough to offset declines in adult nonfiction and children's fiction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-29 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#adult fiction
#offset declines
#adult nonfiction
Sales in the religion category increased 21.9% in 2021, according to figures released by the AAP. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-28 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#religion presses
#figures released
Unit sales of print books dropped 2.3% in the week ended Sept. 17, 2022, from the comparable week in 2021, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-23 04:00:00 UTC ]
More news stories like this |
Soft sales in the adult nonfiction and juvenile categories offset a 12.1% increase in sales of adult fiction, leading to a 2.3% drop in unit sales of print books last week compared to the week ended September 18, 2021. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-21 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#week compared
#adult nonfiction
#1% increase
#adult fiction
#3% drop
#print books
Recounting their relationship, Gabriel Debenedetti offers colorful behind-the-scenes stories and vivid details that will appeal to political obsessives. Continue reading at The Washington Post
[ The Washington Post | 2022-09-16 10:00:29 UTC ]
More news stories like this | News stories tagged with:
#vivid details
Final sales numbers for 2021 from the Association of American Publishers show a 12.3% increase in industry sales, with total sales hitting $29.33 billion, up from $26.1 billion in 2020. Easing of the pandemic in 2021 had a significant impact on industry results. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-16 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#$3 billion
#3% increase
#industry sales
#significant impact
JD Salinger did not want his friends cashing in, so inscribed copy of classic novel is one of the hardest titles for collectors to acquireIt was once the most censored book in American schools and libraries. Now, the only edition of The Catcher in the Rye that the author JD Salinger signed with... Continue reading at The Guardian
[ The Guardian | 2022-09-11 08:00:26 UTC ]
More news stories like this | News stories tagged with:
#jd salinger
#american schools
#book market
Increases in adult fiction and young adult were not enough to offset declines in the adult nonfiction and juvenile categories, resulting in a 2.4% decline in unit sales of print books for the week ended Sept. 3, 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-09 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#4% dip
#adult fiction
#young adult
#offset declines
#adult nonfiction
#juvenile categories
#4% decline
#print books
Increases in adult fiction and young adult were not enough to offset declines in the adult nonfiction and juvenile categories, resulting in a 2.4% decline in unit sales of print books last week compared to 2021. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-08 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#week compared
#adult fiction
#young adult
#offset declines
#adult nonfiction
#juvenile categories
#4% decline
#print books
News Corp columnist framed himself as among a minority of white men who could no longer voice their opinionFollow our Australia news live blog for the latest updatesGet our free news app, morning email briefing or daily news podcastAustralia’s press watchdog has received multiple complaints... Continue reading at The Guardian
[ The Guardian | 2022-09-05 09:03:51 UTC ]
More news stories like this | News stories tagged with:
#white men
#latest updatesget
#press watchdog
#media diversity
#full page
#asian people
#top stories
#guardian australia
#news corp
Unit sales of print books for the week ended Aug. 27, 2022, were flat compared to the similar week in 2021 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-02 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#late august
#print books
#flat compared
Unit sales of print books pulled off a rare feat last week: sales were flat with the week ended August 28, 2021. The achievement was due to another week of solid sales increases in adult and young adult fiction and only a small decrease in sales of adult nonfiction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-09-01 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#adult nonfiction
Two petitions sought to block Barnes & Noble and independent booksellers from selling “Gender Queer” and “A Court of Mist and Fury” to minors in Virginia because of the books’ sexual content. Continue reading at The New York Times
[ The New York Times | 2022-08-31 19:12:46 UTC ]
More news stories like this | News stories tagged with:
#independent booksellers
#sexual content