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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Waterstones has begun promoting the Amazon Kindle devices that will be on sale in stores from... Continue reading at The Bookseller
[ The Bookseller | 2012-10-22 00:00:00 UTC ]
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Amazon is forcing publishers to start negotiations over ebook prices exclusive of the full 20%... Continue reading at The Bookseller
[ The Bookseller | 2012-10-22 00:00:00 UTC ]
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The recommendations of friends was the top driver behind children's discovery of new titles,... Continue reading at The Bookseller
[ The Bookseller | 2012-10-22 00:00:00 UTC ]
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Amazon is said to be negotiating to acquire Saraiva, Brazil's dominant bookseller, with 102 stores. Is it realistic? We break down the facts and scenarios. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2012-10-19 00:00:00 UTC ]
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Sales of adult and children’s trade titles rose 13.8% in the first six months of 2012, according to statistics released last week by the Association of American Publishers as part of its StatShot program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-10-19 00:00:00 UTC ]
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Self-help books are such funny, deeply personal things. You can get help for any aspect of life, from how to be happy to how to stop comfort-eating, heal your emotional self, take control of your life and the bread and butter of the self-help genre, relationship advice. Continue reading at Stuff
[ Stuff | 2012-10-19 00:00:00 UTC ]
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Hodder Children's Books has acquired a new series by The Winter Trilogy author Ruth Warburton... Continue reading at The Bookseller
[ The Bookseller | 2012-10-19 00:00:00 UTC ]
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'A Series of Unfortunate Events' author Lemony Snicket's latest book looks back on Snicket's youth. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2012-10-19 00:00:00 UTC ]
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Arcadia Books has been bought out of liquidation by photographer Basil Hyman, with its publisher... Continue reading at The Bookseller
[ The Bookseller | 2012-10-19 00:00:00 UTC ]
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Newsweek, the 80-year-old US current affairs magazine, is to become an online-only publication, ending its print edition. Continue reading at BBC News
[ BBC News | 2012-10-18 00:00:00 UTC ]
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The UK has seen a slight slowdown in ebook sales growth over the last year. Does this mean ebooks have reached a plateau among readers? Michael Bhaskar examines the situation. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2012-10-18 00:00:00 UTC ]
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We asked our readers two years ago if they had read an enhanced ebook. Over half of survey respondents had not. Now, we're asking again. Take our survey and tell us if you've read an enhanced ebook. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2012-10-18 00:00:00 UTC ]
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Johnny Depp launches his own book imprint with publishing company HarperCollins. Continue reading at BBC News
[ BBC News | 2012-10-17 00:00:00 UTC ]
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Journalist and author Julie Burchill is set to release her new book Unchosen: The Memoirs of a... Continue reading at The Bookseller
[ The Bookseller | 2012-10-17 00:00:00 UTC ]
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Individual Kindle users already have Whispernet, and Amazon has now announced another free service designed to make Kindles easier to manage for large organizations. Dubbed Whispercast, the service will let schools, businesses and other groups both distribute and manage the Kindles themselves... Continue reading at Engadget
[ Engadget | 2012-10-17 00:00:00 UTC ]
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Sales of hardbacks through Nielsen BookScan's top 5,000 chart jumped 11% week on week last... Continue reading at The Bookseller
[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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Ebury Press has acquired a title aiming to be "the breakthrough book on accessible Spanish... Continue reading at The Bookseller
[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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Australian book sales have plunged 10% in 2012, but ebook sales are finally taking off, writes Andrew Wilkins. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2012-10-16 00:00:00 UTC ]
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Puffin is releasing the first six Wimpy Kid books by Jeff Kinney as ebooks for the first time on... Continue reading at The Bookseller
[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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According to the terms of a settlement between the DoJ and three major American publishers, some customers may receive refunds on their ebook purchases. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2012-10-16 00:00:00 UTC ]
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