E-Book Sales Pass Print on Amazon

While the Rapture isn’t 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. “We’ve 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 that’s 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. That’s the real import of those numbers. It’s one more nail in the coffin of brick and mortar stores,” he told The New York Times. Still, publishers shouldn’t lose hope just yet, some analysts say. According to Forrester... Continue reading at 'AdWeek'

[ AdWeek | 2011-05-20 00:00:00 UTC ]
News tagged with: #mike shatzkin #mortar stores #forrester research #e-book reading #big deal #forrester analyst

Other Publishing stories related to: 'E-Book Sales Pass Print on Amazon'


Nook goes on sale in UK

Barnes & Noble's Nook e-readers, the Nook Simple Touch and Nook Simple Touch GlowLight,... Continue reading at The Bookseller

[ The Bookseller | 2012-10-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nook e-readers #barnes noble


The Optimal Production Model for Today—and Tomorrow: Digital Printing in 2012

High-speed inkjet printing has been described as the biggest development in book publishing in the past 50 years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-10-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital printing #book publishing


Rovio Announces First Angry Birds Book App

Finnish app giant plans to bring home the bacon with their book app, which they predict will sell millions of downloads. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-10-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book app #sell millions


Don’t Shout Too Loud, Amazon Might Hear

Dallas-based startup Bookshout is looking to disrupt the current ebook ecosystem with its new offering of Apple and Android mobile apps. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-10-27 00:00:00 UTC ]
More news stories like this |


Amazon reports losses in third quarter

Amazon reported a loss of $274million (£170m) in its third quarter, blaming an unfavourable... Continue reading at The Bookseller

[ The Bookseller | 2012-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon reported


Waterstones’ Daunt Pimps for Amazon Kindle: Good Idea?

As the Kindle goes on sale at Waterstones stores, MD James Daunt has been defending the highly criticized decision, insisting it is to his company's advantage. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon kindle #waterstones stores #good idea


Building the New Business Model: Printing and Paper 2012

The digital transformation of publishing—kicked into high gear by devices like the iPad, the Kindle, and the Nook—is one of the top business stories of the turn of the millennium. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business model #digital transformation #high gear


E-Book Trends Differ Around the World

During a CEO panel at the Frankfurt Book Fair 2012, execs from bookselling giants discussed global ebook trends and how they differ across various markets. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ceo panel


Self-published books triple in production since 2006

Self-published books make up 43 percent of the print titles released in 2011 and helped to drive the first growth in print production since 2007, according to a new study from Bowker. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-10-26 00:00:00 UTC ]
More news stories like this |


'The Book Thief' comes to the stage

'The Book Thief,' the popular children's book by Markus Zusak, is playing at the Steppenwolf Theater in Chicago through early November. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book thief #popular children #markus zusak #early november


The Book Tour as Military Campaign

Ex-Marine Benjamin Busch reflects on his grueling 50 book tour covering 197 readings, where he discovered all of America loves books, no matter what people say. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book tour


Online book group for London boroughs

An online book discussion forum is the latest venture from the triborough library services in... Continue reading at The Bookseller

[ The Bookseller | 2012-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #latest venture


'Trade enthusiasm' for Forsyth Book of the Week

Icon Books' title The Horologicon by Mark Forsyth is following in the footsteps of its... Continue reading at The Bookseller

[ The Bookseller | 2012-10-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #icon books #mark forsyth


DRM-Free E-Books Makes Writers A Bundle of Cash

A group of writers are quids in following an experiment to sell a bundle of DRM-free ebooks. Sales of The Humble Bundle, which included works from authors Cory Doctorow, Neil Gaiman and the much-loved xkcd comic strip, have been anything but humble, with over 84,000 bundles sold, earning the... Continue reading at Fast Company

[ Fast Company | 2012-10-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #included works #neil gaiman #bought separately #lauren beukes #zoo city


Amazon confirms Japan Kindle launch

Amazon will open a Kindle store in Japan next month, selling Japanese language Kindle e-readers... Continue reading at The Bookseller

[ The Bookseller | 2012-10-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle store


Spider-Man writer lands book deal

One of the writers behind disaster-prone Spider-Man Broadway musical, Glen Berger, will reveal all in a "fly-on-the-wall" book. Continue reading at BBC News

[ BBC News | 2012-10-24 00:00:00 UTC ]
More news stories like this |


Book Slam to release second volume

Literary events organiser Book Slam is releasing its second book of short stories, with... Continue reading at The Bookseller

[ The Bookseller | 2012-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #short stories


Eason opens Virtual Book Shop

Eason has opened a “virtual bookshop” in Connolly railway station in Dublin which... Continue reading at The Bookseller

[ The Bookseller | 2012-10-23 00:00:00 UTC ]
More news stories like this |


In Its 20th Year, Beirut’s Francophone Book Fair Soldiers On

Celebrating 20 years, Beirut's Francophone Book Fair will honor the Goncourt Academy and launch a new book prize, despite recent escalated violence in the city. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #20th year #book prize


Pippa Middleton book deal worth some $640,000

Pippa Middleton book: On Thursday her 416-page glossy hardback will be released in Britain. The title of the Pippa Middleton book of recipes and party planning tips? "Celebrate: A Year of British Festivities for Families and Friends" Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-10-23 00:00:00 UTC ]
More news stories like this |