While the Rapture isnt scheduled to occur until Saturday, according to members of certain religious fringe groups, it looks like doomsday has come early for publishers of print books. Amazon announced Thursday that sales of ebooks on the site have finally surpassed combined sales of hardcovers and paperbacks. For every 100 print books sold since April 1, the company said, it sold 105 digital ones, and credited the surge in ebook sales to its new ad-supported, lower-priced Kindle. We had high hopes that this would happen eventually, but we never imagined it would happen this quickly, said CEO Jeff Bezos. Weve been selling print books for 15 years and Kindle books for less than four years. The vice president for Kindle content, Russ Grandinetti, claimed that the digital trend is actually good for publishers. Even though some digital sales may be substitutions from print, one of the great impacts . . is people spend more minutes a day reading. They make reading more of a habit, and thats good for the total book business. But Mike Shatzkin, CEO of the Idea Logical Company, which advises publishers on digital matters, isn't buying it. [Amazon is] taking print sales away from others while their own devices are taking print sales away from them. Thats the real import of those numbers. Its one more nail in the coffin of brick and mortar stores, he told The New York Times. Still, publishers shouldnt lose hope just yet, some analysts say. According to Forrester... Continue reading at 'AdWeek'
[ AdWeek | 2011-05-20 00:00:00 UTC ]
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The publisher will shift its U.S. textbook publishing program to a digital first model. Print texts will be available for rental only. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-16 04:00:00 UTC ]
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The German book industry reported cumulated sales growth of 2.3 percent for the first six months of 2019 despite two sharp declines in March and June, when sales were down 11.8 and 7.1 percent respectively. Continue reading at The Bookseller
[ The Bookseller | 2019-07-08 17:57:00 UTC ]
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When you own an Amazon Kindle, the cost of supporting a voracious reading habit can get very steep, very quickly. A quick glance at Amazon’s list of the Best Books of the Month shows that a decent read can set you back between $13 and $15 for a Kindle edition book. Sure, Amazon offers deals... Continue reading at PC World
[ PC World | 2019-07-03 08:26:00 UTC ]
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Investigation led by Julia Neuberger finds Spanish edition of How They Rule the World has ‘echoes of Jewish conspiracy theories’Penguin Random House has stopped short of demands to withdraw Pedro Baños’s How They Rule the World from sale, but will print no further copies of the book after an... Continue reading at The Guardian
[ The Guardian | 2019-06-27 13:01:37 UTC ]
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After a turbulent year thus far for the German book industry, with the surprise announcement in January of the merger of leading book chains Thalia and Mayersche and the insolvency of wholesaler/distributor Koch Neff Volckmar (KNV) two months later, some good news has just been delivered on... Continue reading at The Bookseller
[ The Bookseller | 2019-06-09 19:25:24 UTC ]
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Amazon Publishing imprint Thomas & Mercer has signed a three-book series from debut crime writer S W Kane. Continue reading at The Bookseller
[ The Bookseller | 2019-06-02 15:18:44 UTC ]
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Will "political fatigue" end publishers' six year streak of print sales growth? At a late morning session dubbed The State of the Publishing Industry Today, David Walter, executive director, client development for NPD Books, told BookExpo attendees that growth in print sales is trending down,... Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-30 04:00:00 UTC ]
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The action follows parents saying they have force-fed their children the toxic chemical as a “miracle cure.” Continue reading at The Huffington Post
[ The Huffington Post | 2019-05-29 19:16:25 UTC ]
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Axel Springer and Funke Mediengruppe’s joint sales house Media Impact has joined forces with the joint sales house of fellow publishing juggernauts RTL Groupe and Gruner+Jahr to solidify an advertising alliance that sells the combined inventory of all four media groups. The post Germany’s... Continue reading at Digiday
[ Digiday | 2019-05-28 04:01:59 UTC ]
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Amazon's e-ink Kindle-reader devices, Fire tablets, and the associated ebook service are wildly popular. Competitor devices, such as the Nook from Barnes and Noble, simply don't compare. Is it worrying that Amazon essentially has a stranglehold on the digital book market? I suppose, but look, no... Continue reading at Betanews
[ Betanews | 2019-05-24 17:33:08 UTC ]
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Credited by some to a growing post-Soviet interest in authoritative information, the Russian book business reportedly sees substantial gains for nonfiction. The post Nonfiction Sales Growth in the Russian Book Market Expected to Continue This Year appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-05-01 00:00:00 UTC ]
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When Baltimore Mayor Catherine Pugh defended selling her “Healthy Holly” books to the University of Maryland Medical System, she made one specific claim that touched off concern at City Hall. Pugh told The Baltimore Sun on March 20 that she had not sold her books beyond those she provided to... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-04-30 00:00:00 UTC ]
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Amazon has recorded a record profit of $3.6billion, with its first quarter sales up 17% to $59.7billion. Continue reading at The Bookseller
[ The Bookseller | 2019-04-27 00:00:00 UTC ]
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In this year's promotion for World Book Day, Amazon Crossing is giving away titles from Spanish, Dutch, German, Hebrew, Swedish, Japanese, and Norwegian. The post Amazon Crossing Rolls Out Its 2019 World Book Day Translation Offer appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-04-20 00:00:00 UTC ]
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Victor Hugo’s classic novel The Hunchback of Notre-Dame has jumped to the top of Amazon France’s bestseller list following the cathedral’s devastating fire. Continue reading at The Bookseller
[ The Bookseller | 2019-04-19 00:00:00 UTC ]
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Sales of adult trade books rose 6.6% in February over February 2018 after slumping in January, while sales of children/young adult books had a second consecutive month of good sales increases, according to the AAP. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-04-17 00:00:00 UTC ]
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The classic novel shot to the top of Amazon France’s bestseller list after a massive blaze overtook the famed Paris church. Continue reading at The Huffington Post
[ The Huffington Post | 2019-04-16 17:16:25 UTC ]
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If you're a book lover with a soft spot for visual art, you might want to plan a trip to the Geffen Contemporary at MOCA this weekend, where the 2019 LA Art Book Fair will be taking over the Little Tokyo museum. The annual book fair, first held in Los Angeles in 2013, is a celebration of artists’... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-04-10 00:00:00 UTC ]
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Michelle's Obama's 'Becoming,' released in early November, was the biggest title, selling 629,000 copies through outlets that report to BookScan in the period ended March 30. Only three books released in 2019 made the top 20 list in the quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-04-04 00:00:00 UTC ]
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Online publishing platform Medium will publish its first print book,'The Big Disruption,' next week. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-04-04 00:00:00 UTC ]
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