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 ]
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Second-quarter revenue increased by 27% at Amazon over last year's second period, as business began to return to more normal buying trends following months of pandemic-fueled shopping. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-30 04:00:00 UTC ]
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With sales in nonfiction categories all falling again, unit sales of print books declined 4.9% last week compared to the week ended July 25, 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-29 04:00:00 UTC ]
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Intricate Tarot cards and creative oracle and divination decks packaged with guidebooks are popular territory for MBS publishers and are gaining new audiences. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-27 04:00:00 UTC ]
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Unit sales of print books fell 3.9% in the week ended July 17, 2021, compared to the similar week in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-23 04:00:00 UTC ]
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In a presentation on July 21, NPD BookScan said that, based on current trends, unit sales of print books are likely to finish 2021 with a gain over 2020. How high that gain will be depends on several factors, including the future course of the pandemic. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-22 04:00:00 UTC ]
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Lana Hughes has been appointed editorial intern at independent press flipped eye. Continue reading at The Bookseller
[ The Bookseller | 2021-07-22 03:48:42 UTC ]
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Unit sales of print books fell 1.3% in the week ended July 10, 2021, compared to the similar week in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-16 04:00:00 UTC ]
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Rebounding from the lows of spring 2020, bookstore sales in May soared 130% over last May, hitting $632 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-16 04:00:00 UTC ]
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International sales agency Gunnar Lie & Associates Ltd (GLA) is being acquired by Compass Independent Book Sales Ltd (CIPS). Continue reading at The Bookseller
[ The Bookseller | 2021-07-15 07:22:32 UTC ]
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The long run of unit sales of print books posting weekly sales gains over the comparable week in 2020 came to an end last week, with units falling 1.3% compared to the week ending July 11, 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-15 04:00:00 UTC ]
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Trump was taken to the White House bunker during protests last year over the police killing of George Floyd. Continue reading at The Huffington Post
[ The Huffington Post | 2021-07-14 04:58:33 UTC ]
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'NPD Books' Brenna Connor says there's a possibility that the American market will go into the autumn with double-digit year-to-date gains. The post NPD BookScan: US June Print Book Sales Up 2.8 Million Over 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-07-12 17:32:28 UTC ]
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Doug Lockhart will oversee sales and marketing at HCCP in the newly created role of senior-v-p for sales and centralized marketing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-09 04:00:00 UTC ]
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With the reopening of bookstores across the U.S. to in-store customers, Bookshop.org has seen sales slip in the April-June period compared to the second quarter of 2020, but sales for the entire first half of 2021 are still up 17%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-08 04:00:00 UTC ]
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A new survey from charity Read for Good, which has donated bundles of books to 50 schools nationwide, has found school library funding has been hit by the pandemic. Continue reading at The Bookseller
[ The Bookseller | 2021-07-03 13:06:00 UTC ]
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Unit sales of print books rose 6.4% in the week ended June 26, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Adult fiction sales increased 28.1%, and the gains were achieved without any new releases making a splash. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-02 04:00:00 UTC ]
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Sales of adult fiction rose 28.1% last week and young adult fiction jumped 49.6%, driving a 6.4% increase in total unit sales of print books last week over the week ended June 27, 2020. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-01 04:00:00 UTC ]
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Sales in Barnes & Noble Education’s retail division, by far its largest group, showed some improvement in the final quarter of fiscal 2021 ended May 1, 2021, but sales for the full year declined 22.5%, to $1.33 billion. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-30 00:00:00 UTC ]
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Combined sales of comics periodicals and graphic novels in North American in 2020 climbed to approximately $1.28 billion, according to a joint estimate by pop culture trade news sites ICv2 and Comichron. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-30 00:00:00 UTC ]
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The debut collection of Warsan Shire, a former Young Poet Laureate of London who has collaborated with Beyoncé, will be published by Chatto & Windus in collaboration with flipped eye. Continue reading at The Bookseller
[ The Bookseller | 2021-06-29 17:33:15 UTC ]
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