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
Another good performance by the adult fiction category helped to drive up unit sales of print books by 8.8% last week over the comparable week in 2020 at outlets that report to NPD BookScan. Fiction sales increased 19% last week. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-20 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#good performance
#print books
News Corp and Fairfax Media challenge ruling they are liable for defamatory comments on their Facebook postsThe high court has cast doubt on media companies’ claims that they are not responsible for defamatory comments on their social media posts. Fairfax Media and News Corp have taken the... Continue reading at The Guardian
[ The Guardian | 2021-05-18 07:19:27 UTC ]
More news stories like this | News stories tagged with:
#media companies
#fairfax media
#high court
#defamatory material
#facebook comments
#northern territory
#royal commission
#fairfax
#news corp
Paul Von Drasek, who worked in the sales departments at a number of publishing companies over the course of his 40-year career, died on May 16 at age 71. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-18 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#sales departments
#40-year career
#publishing companies
Flipped eye is launching a new flagship non-fiction imprint, phipl, with a collection of essays by International Dublin Literary Award-winning author José Eduardo Agualusa. Continue reading at The Bookseller
[ The Bookseller | 2021-05-15 01:14:43 UTC ]
More news stories like this | News stories tagged with:
#non-fiction imprint
#flipped eye
#award-winning author
Paul Fletcher makes the hit children’s TV show part of his budget announcement. Plus: News Corp lets go of its last photographersBluey, the Emmy award-winning children’s television show, is a smash hit for ABC Kids and has won the hearts of families Australia-wide. Continue reading... Continue reading at The Guardian
[ The Guardian | 2021-05-14 06:34:16 UTC ]
More news stories like this | News stories tagged with:
#morrison government
#television show
#smash hit
#news corp
March bookstore sales rose 34.7% over a year ago, according to preliminary estimates from the U.S. Census Bureau. Last March was the first month in which bookstore sales were impacted by pandemic-induced lockdowns. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-14 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#preliminary estimates
#census bureau
#bookstore sales
From journaling Bibles to prayer journals, publishers have seen a jump in journal sales as people look for ways to cope with pandemic pressures. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-11 04:00:00 UTC ]
More news stories like this |
A number of children’s bookshops up and down the country have spoken of their joy at being able to welcome children and parents back into their premises, with many reporting excellent trading. Continue reading at The Bookseller
[ The Bookseller | 2021-05-07 10:42:15 UTC ]
More news stories like this |
Unit sales of print books increased 12.4% in the week ended May 1, 2021, over the comparable period in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-07 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#double-digit gain
#week ended
The Czech publishing house Albatros Media has expanded its business by translating and selling its own titles into Spanish and English-language markets. The post Czech Publisher Albatros Media Expands Its Direct International Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-05-05 19:11:56 UTC ]
More news stories like this | News stories tagged with:
#english-language markets
Unit sales of print books rose 24.3% in the week ended Apr. 24, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-30 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#late april
Unit sales of print books rose 24% last week over the comparable week in 2020. Sales of travel books continued to rebound after a disastrous 2020, and graphic novel sales soared again. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-29 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#sales soared
#graphic novel
#print book
Higher sales of print and digital books and a decline in returns contributed to a solid net sales increase in the first two months of 2021 over the comparable period in 2020 for publishers that report to AAP. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-27 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#higher sales
#digital books
New figures from the Publishers Association show fiction and audiobooks did particularly well, with value of consumer sales up 7% on 2019 despite bookshop closuresFiction sales in 2020 soared by more than £100m for UK publishers, as readers locked down at home made their escape into books, with... Continue reading at The Guardian
[ The Guardian | 2021-04-26 23:01:49 UTC ]
More news stories like this | News stories tagged with:
#uk publishers
#audiobook sales
#fiction sales
#douglas stuart
#richard osman
#cosy crime
#bernardine evaristo
#delia owens
#crawdads sing
#bestselling title
#charlie mackesy
#bookshops reopening
#picture book
#audiobook
#bookshop
#publishers association
Unit sales of print books jumped 35% last week over the comparable week in 2020, driven by huge sales gains for adult books. At this point last spring, sales of adult books were soft because of the pandemic. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-23 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#adult titles
#big gains
#adult books
Many of the biggest hits on such streaming services as Netflix and Disney+ have been adapted from comics and graphic novels. Publishers have learned to scramble to be sure the books these shows are based on are available when demand spikes. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-21 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#graphic novels
#streaming services
#graphic novel
Strong book sales continue in Q1 of 2021, with print sales up 29 percent in the US. And in 2020, ebook sales increased by 17 percent. The post US First-Quarter 2021 Print Book Sales Grew 29 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-04-19 16:24:12 UTC ]
More news stories like this | News stories tagged with:
#print sales
#print book
Penguin Random House US has restructured its international sales team with a string of promotions and two departures. Continue reading at The Bookseller
[ The Bookseller | 2021-04-17 08:55:38 UTC ]
More news stories like this | News stories tagged with:
#marketing teams
#penguin random house
Unit sales of adult titles jumped for the week ended April 10, 2021, over the comparable week in 2020, offsetting steep declines in the juvenile categories. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-16 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#week led
#adult titles
#juvenile categories
There is no clear path yet for nonfungible tokens in the book world, explains Bill Rosenblatt. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-16 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#clear path
#book world