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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Sales of J K Rowling’s Harry Potter books have exceeded 500 million worldwide, according to Bloomsbury. Continue reading at The Bookseller
[ The Bookseller | 2018-02-02 00:00:00 UTC ]
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With little electricity in the months following two powerful hurricanes that caused widespread devastation, residents turned to books for solace. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-02 00:00:00 UTC ]
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Amazon's revenue in 2017 jumped 31% over 2016, but operating income fell 2%. The company sees more huge sales gains in the first quarter of 2018, but no earnings increase. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-02-01 00:00:00 UTC ]
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Close to 30 international publishers are spending two days in New York City to meet with US acquisitions editors and publishing executives in the first Children's Books Salon organized by the Frankfurter Buchmesse New York and Publishing Perspectives. The post Children’s Books Salon:... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-01-24 00:00:00 UTC ]
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Private equity firm Aurelius has said it is backing out of its agreement to buy Connect Books because it can see “no way of financing this transaction”. Continue reading at The Bookseller
[ The Bookseller | 2018-01-23 00:00:00 UTC ]
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Amazon Publishing’s Thomas & Mercer imprint has signed two new titles from former BBC journalist, Teresa Driscoll. Continue reading at The Bookseller
[ The Bookseller | 2018-01-20 00:00:00 UTC ]
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Two of the five top sellers in 2017 in Canada were backlist, which was up 2 percent over 2016. Print unit sales fell 4 percent, value down 3 percent. The post BookNet Canada Sees Print Sales Decline in 2017, Backlist Accounts for 60 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-01-17 00:00:00 UTC ]
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Unit sales of print books fell 4% in Canada in 2017, compared to 2016, while dollar sales dropped 3%. The figures were released by BookNet Canada’s sales tracking service. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-16 00:00:00 UTC ]
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A Canadian university professor's book is back on the best-seller list after a decade, thanks to tell-all Fire and Fury: Inside the Trump White House. Continue reading at Stuff
[ Stuff | 2018-01-10 00:00:00 UTC ]
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Although no new book sold more than one million print copies last year,, unit sales of print books were still 10.8% higher last year than in 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-01-05 00:00:00 UTC ]
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Sainsbury’s and Blackwell’s have reported positive book sales over the Christmas period, with Pete Selby, head of books at the supermarket, saying that gift purchases are now "shifting" from other entertainment to books. Continue reading at The Bookseller
[ The Bookseller | 2018-01-05 00:00:00 UTC ]
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The print book market has posted growth in value for the third year running, with 2017 inching up 0.09% on 2016. Continue reading at The Bookseller
[ The Bookseller | 2018-01-04 00:00:00 UTC ]
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The 2017 year-end holiday season book sales patterns reported in both major English-language markets looked good at the end, but getting there wasn't a lot of fun. And what lies ahead may be rougher for bookstores. The post Trends in UK, US Holiday Book Sales: Late Buys and E-Commerce appeared... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-01-03 00:00:00 UTC ]
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James Shaw, the Edinburgh International Book Festival's long-serving head of book sales and retail, is stepping down in October 2018. Continue reading at The Bookseller
[ The Bookseller | 2017-12-22 00:00:00 UTC ]
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Facebook says it will book the revenues it earns from selling advertising to Kiwi companies in New Zealand in future. The change is part of worldwide move by Facebook to restructure its accounting and appears a major victory for policy-makers concerned about the way Facebook and many other... Continue reading at Stuff
[ Stuff | 2017-12-15 00:00:00 UTC ]
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Jann Wenner, Tina Brown, and New York magazine take center stage in our annual list of the books that remind us that magazines, at their best, represent a culture unto themselves. The post The Best Books for Print People, 2017 appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2017-12-15 00:00:00 UTC ]
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Jamie Oliver has topped Amazon UK’s print chart this year in a list dominated by celebrity-authored healthy eating titles. Continue reading at The Bookseller
[ The Bookseller | 2017-12-15 00:00:00 UTC ]
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At outlets that report to NPD BookScan, unit sales of print books were down 1% in the week ended Dec. 3, 2017, from the similar week in 2016. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-12-08 00:00:00 UTC ]
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The season's anniversaries start taking attention, as China's fair in Shanghai and Seattle's best-known device everywhere trigger news and events. The post Anniversary Notes: Shanghai Children’s Book Fair at 5; Amazon’s Kindle at 10 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-11-15 00:00:00 UTC ]
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Amazon has reported a 34% rise in sales to $43.7bn (£33.41bn) for the three months ending September 30th, with the recent acquisition of Whole Foods Market contributing $1.3bn (£0.99bn) to that total. Continue reading at The Bookseller
[ The Bookseller | 2017-10-28 00:00:00 UTC ]
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