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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German publisher said it was confident for annual sales after reporting strong revenue growth thanks to its expansion abroad and into its digital business. Continue reading at Editor & Publisher
[ Editor & Publisher | 2011-05-11 00:00:00 UTC ]
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Written By: Philip Jones Publication Date: Tue, 10/05/2011 - 11:06 E-book sales could exceed 8% of trade publishers' sales in 2011, and could reach 15% next year, Random House UK's deputy chairman Ian Hudson told delegates at the World e-Reading Congress this morning (10th May). Hudson also... Continue reading at The Bookseller
[ The Bookseller | 2011-05-10 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Tue, 10/05/2011 - 16:38 W H Smith has signed an exclusive deal to extend the Richard and Judy Book Club until 2015. The high street retailer has signed a contract with the celebrity couple to personally read and recommend eight fiction titles to WHS... Continue reading at The Bookseller
[ The Bookseller | 2011-05-10 00:00:00 UTC ]
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Publication Date: Tue, 10/05/2011 - 08:24 Random House imprint Yellow Jersey Press has scored a hat trick of wins at the British Sports Book Awards, with W H Smith also taking home the best sports book retailer prize. Catrine Clay's Trautmann's Journey won best biography, while Promised Lane by... Continue reading at The Bookseller
[ The Bookseller | 2011-05-10 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Mon, 09/05/2011 - 15:19 BBC Radio 5 Live has launched a Blokey Book Club to encourage men to read more fiction. The Mens Hour show formed the club, which will ask listeners to recommend and comment on their favourite fiction through the... Continue reading at The Bookseller
[ The Bookseller | 2011-05-09 00:00:00 UTC ]
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And the winner of this years Tony Honors for Excellence in the Theatre is... the Drama Book Shop, an independent New York City bookstore dating to 1917, 30 years older than the Tony Awards. Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-05-09 00:00:00 UTC ]
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The editor Robert Loomis, who is retiring from Random House after 54 years, is known for nurturing writers including Maya Angelou, William Styron, Shelby Foote and Calvin Trillin. Continue reading at The New York Times
[ The New York Times | 2011-05-09 00:00:00 UTC ]
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Written By: Caroline Horn Publication Date: Mon, 09/05/2011 - 09:28 Publishers sales of childrens books fell by almost 7% during 2010, from 190m in 2009 to 177m in 2010, marking a third successive fall for the childrens market since 2007 when publishers sales stood at 212m units. The... Continue reading at The Bookseller
[ The Bookseller | 2011-05-09 00:00:00 UTC ]
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In starting Bookish.com, Simon & Schuster, Penguin Group USA and Hachette Book Group hope to provide one-stop shopping for books and information about authors. Continue reading at The New York Times
[ The New York Times | 2011-05-07 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Fri, 06/05/2011 - 08:50 The headline decline in sales for British publishers last year of 3.2% is a "cause for concern but not alarm", outgoing Publishers Association president Victoria Barnsley has said in the PA Statistics Yearbook 2010. read... Continue reading at The Bookseller
[ The Bookseller | 2011-05-06 00:00:00 UTC ]
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A $5 million lawsuit against Simon & Schuster over a book by former President Jimmy Carter was dropped by the plaintiffs on Thursday, three months after it was filed. The plaintiffs in the class-action suit had argued that Mr. Carter's "Palestine: Peace Not Apartheid," about the Arab-Israeli... Continue reading at The New York Times
[ The New York Times | 2011-05-06 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Fri, 06/05/2011 - 08:55 Random House has hit the landmark of two million ebooks sold in the UK, with other leading publishers reporting a first quarter explosion in digital sales. E-books currently account for 8% of RH's overall sales, with... Continue reading at The Bookseller
[ The Bookseller | 2011-05-06 00:00:00 UTC ]
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Barnes & Noble Inc. will unveil a new electronic book reader later this month, the bookseller told analysts and investors on Wednesday, according to a federal filing released after the close of trading. Continue reading at AllThingsD
[ AllThingsD | 2011-05-05 00:00:00 UTC ]
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Amazon.com Inc. is expanding its fast-growing publishing business with a new line of romance books, its latest quest for original content to distinguish its print and digital bookselling services. Continue reading at AllThingsD
[ AllThingsD | 2011-05-05 00:00:00 UTC ]
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All of those Amazon Kindle sales -- and, presumably, sales of competitive ebook readers from Barnes & Noble and Apple -- have made an impact at publisher Simon & Schuster. The CBS unit says Q1 digital sales doubled over the previous year, and now represent 18 percent of the company's the... Continue reading at AllThingsD
[ AllThingsD | 2011-05-04 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Wed, 04/05/2011 - 15:48 The owners of the Torbay Bookshop, the Paignton based independent bookseller, have put the shop up for sale after almost 20 years trading. Co-owner Matthew Clarke said it was the right time to sell the business, with he and... Continue reading at The Bookseller
[ The Bookseller | 2011-05-04 00:00:00 UTC ]
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Written By: Philip Stone Publication Date: Wed, 04/05/2011 - 16:00 Booksellers suffered their poorest sales in almost eight years last week with spending on physical books slumping by 12% week-on-week. read more Continue reading at The Bookseller
[ The Bookseller | 2011-05-04 00:00:00 UTC ]
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Time Inc, the owner of magazine publisher IPC, has agreed a deal with Apple that lets subscribers to its print magazines access their iPad editions for free, according to reports. Continue reading at Media Week
[ Media Week | 2011-05-03 00:00:00 UTC ]
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Written By: Philip Jones Publication Date: Tue, 03/05/2011 - 09:22 The digital publishing market is now worth 6% of UK publishers' sales, the Publishers Association has revealed, with consumer digital sales up more than 300% in 2010 to £16mthe third year of treble digit growth. The PA... Continue reading at The Bookseller
[ The Bookseller | 2011-05-03 00:00:00 UTC ]
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The Publishers Association have released new figures which explain how much damage ebooks are doing to their paper based alternatives. Continue reading at BBC News
[ BBC News | 2011-05-03 00:00:00 UTC ]
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