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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British journalist Richard Lloyd Parry skillfully goes beyond the headlines in the 2000 disappearance of fellow Brit Lucie Blackman in Tokyo. It is a dark, unforgettable ride.People Who Eat Darkness Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-06-03 00:00:00 UTC ]
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To listen to the Audio Book Club discussion of Are You My Mother?, click the arrow on the player below. Continue reading at Slate
[ Slate | 2012-06-02 00:00:00 UTC ]
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After two years, Oprah Winfrey's highly influential book club is being revived, with "Wild," by Cheryl Strayed, as the first selection. Continue reading at The New York Times
[ The New York Times | 2012-06-02 00:00:00 UTC ]
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Some classic public domain books for the Nook appear to be stripped of any mention of the word "Kindle," no matter what the context, resulting in some odd reading.One blogger recently discovered that his downloaded 99-cent Nook version of War and Peace, ported by Superior Formatting Publishing... Continue reading at Fast Company
[ Fast Company | 2012-06-02 00:00:00 UTC ]
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Everyone! Check under your chairs! It's a...new book club from Oprah! Yep, the former queen of daytime TV is revamping her famed literary organization for the 21st century. Winfrey says she was so taken by Cheryl Strayed's Wild, that she absolutely had to get back on the book peddling bandwagon.... Continue reading at Engadget
[ Engadget | 2012-06-02 00:00:00 UTC ]
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GfK MRI's latest Survey of the American Consumer reveals an unsurprising drop-off in print readership, along with a glimmer of hope from digital editions. Continue reading at Folio Magazine
[ Folio Magazine | 2012-06-01 00:00:00 UTC ]
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According to the calendar, it may not be summer for a few more weeks, but tell that to booksellers, who launched their summer selling season on Memorial Day. One week in and many independents are anticipating an up summer. A mild winter and a strong first quarter contributed to a number of... Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-06-01 00:00:00 UTC ]
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Galaxy may discontinue its sponsorship of the National Book Awards, with the award’s... Continue reading at The Bookseller
[ The Bookseller | 2012-05-31 00:00:00 UTC ]
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In response to a Justice Department lawsuit, the two book publishers denied any price fixing for ebooks and accuse Amazon of engaging in anticompetitive behavior. Continue reading at The New York Times
[ The New York Times | 2012-05-31 00:00:00 UTC ]
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Penguin and Macmillan have hit back at US government claims that they colluded to fix the price... Continue reading at The Bookseller
[ The Bookseller | 2012-05-31 00:00:00 UTC ]
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A New York-based software company is taking e-reading to a whole new nonlinear level. Continue reading at AllThingsD
[ AllThingsD | 2012-05-31 00:00:00 UTC ]
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Amazon and the Independent Publishers Group in the US have reached a settlement over their ebook... Continue reading at The Bookseller
[ The Bookseller | 2012-05-29 00:00:00 UTC ]
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Distributor Georgetown Terminal Warehouses in Ontario begins POD publishing in Canada in a partnership with Illinois-based Publishers' Graphics. Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-05-29 00:00:00 UTC ]
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A protest demonstration has disrupted Amazon.com's latest shareholder meeting in Seattle,... Continue reading at The Bookseller
[ The Bookseller | 2012-05-25 00:00:00 UTC ]
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BBC Books has acquired a further Doctor Who title, written by Stephen Baxter, featuring the... Continue reading at The Bookseller
[ The Bookseller | 2012-05-25 00:00:00 UTC ]
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In its interim statement for its fiscal half-year ending March 2012, enthusiast publisher Future plc is reporting a quickly growing digital operation. Continue reading at Folio Magazine
[ Folio Magazine | 2012-05-24 00:00:00 UTC ]
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Stephen Colbert's latest release – a picture book aimed at young adults and up – follows a pole as it searches for the perfect job. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2012-05-24 00:00:00 UTC ]
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The U.S. government has sided with monopoly rather than competition in bringing a case of ebook price-fixing against Apple, the company said in a filing on... Continue reading at PC World
[ PC World | 2012-05-24 00:00:00 UTC ]
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Alison Hubert, previously of Macmillan Education, has been appointed as the new director of... Continue reading at The Bookseller
[ The Bookseller | 2012-05-23 00:00:00 UTC ]
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Three Random House Group titles have been picked for the Richard and Judy Summer Book Club,... Continue reading at The Bookseller
[ The Bookseller | 2012-05-23 00:00:00 UTC ]
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