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 ]
News tagged with:
#mike shatzkin
#mortar stores
#forrester research
#e-book reading
#big deal
#forrester analyst
Possibly the most famous book review, ever, was written by the young Irish wit and polemicist John Wilson Croker. Croker is still remembered, though obscurely, as a founder of modern political conservatism. What's more, according to some sources, John Wilson Croker invented the very term... Continue reading at Slate
[ Slate | 2011-07-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book reviewing
Iniative would allow Kindle users to rent books with up to 80% offAmazon.com launched Kindle textbook rentals, promising "tens of thousands of textbooks" at discounts of as much as 80% less than purchase price on July 18. Continue reading at Baltimore Sun
[ Baltimore Sun | 2011-07-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#kindle users
#purchase price
A physical bookstore closes, but it's not the fault of ebooks. Presented By: Get Ready for Tomorrow Today with Cisco The way the world consumes and shares data will dramatically change in the next five years. Is your network ready to handle the load? Friend and follow Cisco across the web as... Continue reading at PC World
[ PC World | 2011-07-19 00:00:00 UTC ]
More news stories like this |
Amazon, which dominates the ebook market, has stayed out of the electronic textbook market. Until now: The company has opened up a textbook store for its Kindle platform, where it is renting "tens of thousands" of titles for the upcoming school year. Continue reading at AllThingsD
[ AllThingsD | 2011-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#kindle platform
#textbook rentals
#ebook market
Reader's Digest Association is on the block, seeking a price of around $1 billion, according to a report from The Wall Street Journal, which says the company may sell off piece by piece rather than as a whole. Continue reading at Folio Magazine
[ Folio Magazine | 2011-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#readers digest
#wenner media
#digest association
#$1 billion
Written By: Lisa Campbell Publication Date: Mon, 18/07/2011 - 15:22 Amazon.com is giving students the ability to rent textbooks on Kindle e-readers. The company said students can save up to 80% off textbook prices with the new initiative, which launched today. Kindle Textbook Rental will also... Continue reading at The Bookseller
[ The Bookseller | 2011-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#amazon offers
#kindle e-readers
#launched today
#academic publishers
TRANSFORMEDFor some new releases, digital sales outpace print sales. The Columbia Publishing Course teaches the old and the new of the business. Continue reading at The New York Times
[ The New York Times | 2011-07-16 00:00:00 UTC ]
More news stories like this |
Written By: Philip Stone Publication Date: Wed, 13/07/2011 - 15:38 Stieg Larsson's The Girl with the Dragon Tattoo (Quercus), the first book in the late Swedish journalist's Millennium thriller trilogy, has become only the sixth adult novel to sell more than two million copies since records... Continue reading at The Bookseller
[ The Bookseller | 2011-07-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#million copies
#records began
Written By: Graeme Neill Publication Date: Wed, 13/07/2011 - 15:32 Amazon.com has dropped the price of its advertising-heavy Amazon 3G Kindle to $139 (£86.91). Telecoms company AT&T is sponsoring the Kindle with Special Offers, which will include campaigns for customers and sponsored... Continue reading at The Bookseller
[ The Bookseller | 2011-07-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#special offers
#jeff bezos
Written By: Caroline Horn Publication Date: Wed, 13/07/2011 - 07:47 Designer Orla Kiely, best known for creating handbags and hats, will launch a new range of baby and toddler books in September with Colours and Numbers, inspired by her own trademark designs. The books will be published by... Continue reading at The Bookseller
[ The Bookseller | 2011-07-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#egmont press
Sheila C. Bair, who ended a tumultuous five-year term as chairwoman of the Federal Deposit Insurance Corporation this month, has landed a book deal to give her inside account of the financial crisis. Continue reading at The New York Times
[ The New York Times | 2011-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#media decoder
#write book
#financial crisis
#book deal
#inside account
Written By: Graeme Neill Publication Date: Mon, 11/07/2011 - 08:45 Amazon.co.uk is creating 900 jobs by opening its seventh fulfilment centre in Rugeley, Staffordshire. The 700,000 square foot centre will begin fulfilling orders from September and aims to employ more than 900 permanent and... Continue reading at The Bookseller
[ The Bookseller | 2011-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#fulfilment centre
#temporary workers
Written By: Graeme Neill Publication Date: Fri, 08/07/2011 - 08:27 HarperCollins has bought four books by Louise Voss and Mark Edwards, whose self-published novels have been Amazon bestsellers, in a six-figure, pre-empt deal. Commissioning editor Kate Bradley bought world rights from agent Sam... Continue reading at The Bookseller
[ The Bookseller | 2011-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#louise voss
#mark edwards
#self-published novels
#pre-empt deal
#coleridge white
#physical edition
Unit sales of print books sold through outlets measured by Nielsen BookScan fell 10.2%, to 307.1 million, in the first six months of 2011 ended July 3. The decline comes as no surprise as ebook sales continued to eat into sales of physical books, and the weak economy limited consumer purchases... Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-07-08 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#physical books
Written By: Lisa Campbell Publication Date: Thu, 07/07/2011 - 14:31 Sales of print books in the academic, specialist and higher education publishing market have slumped in the first half of the year, with one publisher seeing a decline of 22% in print sales. But academic publishers pointed to... Continue reading at The Bookseller
[ The Bookseller | 2011-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#print sales
#print books
#growth areas
Written By: Lisa Campbell Publication Date: Thu, 07/07/2011 - 09:02 WH Smiths like-for-like sales have dropped 4%, but the bookseller remains "confident" about its final year results, it said today. In the 18 weeks to 2nd July, WHS total group sales decreased by 1% and like-for-like sales... Continue reading at The Bookseller
[ The Bookseller | 2011-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#total sales
#sales growth
#2nd july
#travel shops
#high street
Written By: Lisa Campbell Publication Date: Wed, 06/07/2011 - 08:01 Waterstones childrens range buyer Claudia Mody is to join The Book People as a buyer for Red House it's children's consumer-facing book club. Mody will start on 1st August at The Book People. Seni Glaister, chief executive... Continue reading at The Bookseller
[ The Bookseller | 2011-07-06 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book people
#1st august
#seni glaister
Amazon is making a move to become even more international. The online bookseller has just acquired the Book Depository International, a U.K. bookseller that distinguishes itself as being home to "the largest range of titles in the world." The terms of the deal have not yet been released, but the... Continue reading at AdWeek
[ AdWeek | 2011-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book depository
#free shipping
#publishing arm
#operate independently
Written By: Philip Stone Publication Date: Tue, 05/07/2011 - 16:04 Dawn Frenchs début novel, A Tiny Bit Marvellous (Penguin), retains its position at the summit of The Official UK Top 50 week-on-week, thanks to a promotional appearance on ITVs This Morning, and a £2.99 if you spend £10... Continue reading at The Bookseller
[ The Bookseller | 2011-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#wh smith
Written By: Lisa Campbell Publication Date: Tue, 05/07/2011 - 11:26 The Office of Fair Trading (OFT) has announced it is to investigate Amazons acquisition of The Book Depository. The official body has issued an invitation to comment notice asking for written representations about any... Continue reading at The Bookseller
[ The Bookseller | 2011-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#announced yesterday
#book depository