Ellora’s Cave CEO Confirms Amazon Sales Drop

Ellora’s Cave CEO Patty Marks confirmed the house is downsizing in the wake of what she described as "drastic" and unexplained declines in its ebook sales via Amazon. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-08-25 00:00:00 UTC ]
News tagged with: #unexplained declines #ebook sales

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Germany’s biggest publisher sales houses unite to fight Google, Facebook and Amazon

Axel Springer and Funke Mediengruppe’s joint sales house Media Impact has joined forces with the joint sales house of fellow publishing juggernauts RTL Groupe and Gruner+Jahr to solidify an advertising alliance that sells the combined inventory of all four media groups. The post Germany’s... Continue reading at Digiday

[ Digiday | 2019-05-28 04:01:59 UTC ]
More news stories like this | News stories tagged with: #post germany #amazon appeared #fight google #axel springer #joined forces

Soft Adult Sales Drop Units 3.6% in Late April

Weakness in the two adult categories led to a 3.6% decline in overall print unit sales in the week ended Apr. 27, 2019, compared to the same week in 2018, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-03 04:00:00 UTC ]
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Amazon reports record profit with first quarter sales up 17%

Amazon has recorded a record profit of $3.6billion, with its first quarter sales up 17% to $59.7billion. Continue reading at The Bookseller

[ The Bookseller | 2019-04-27 00:00:00 UTC ]
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Hunchback of Notre-Dame sees Amazon France sales spike

Victor Hugo’s classic novel The Hunchback of Notre-Dame has jumped to the top of Amazon France’s bestseller list following the cathedral’s devastating fire. Continue reading at The Bookseller

[ The Bookseller | 2019-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #victor hugo #amazon france #bestseller list #devastating fire

Amazon 2018 sales hit $232.9bn as retailer enjoys record fourth quarter

Amazon's 2018 sales increased 31% to $232.9bn as the online giant revealed a record $72bn revenue for the fourth quarter, in its latest financial results. Continue reading at The Bookseller

[ The Bookseller | 2019-02-02 00:00:00 UTC ]
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Amazon's 2018 Sales Topped $232 Billion

The giant company's sales increased 31% in 2018 over 2017, and its operating income tripled to $12.4 billion. Among the many reasons cited for the big 2018 financial gains was the performance of Amazon’s third-party sellers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #third-party sellers

Unit Sales Dropped 6.5% in Mid-December

The publishing industry does not look like it is headed for a big finish to 2018. In the week ended Dec. 15, 2018, unit sales of print books fell 6.5% compared to the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-21 00:00:00 UTC ]
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Soft Kids, Adult Fiction Sales Drop Units 0.8% in Early December

Declines in adult fiction and juvenile fiction and nonfiction offset a 7.6% increase in adult nonfiction sales, resulting in a 0.8% drop in unit sales of print books for the week ended Dec. 8, 2018, compared to the similar week last year at outlets the report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #early december #adult fiction #juvenile fiction #6% increase #8% drop #print books

Amazon is now taking a 30 percent cut of ad sales from Fire TV

Amazon is taking a bigger piece of ad sales on Fire TV, its connected TV devices, by requiring TV networks and digital publishers to hand over 30 percent of their commercial space for it to sell, according to new terms from the e-commerce giant.Until last month, Amazon let the publishers sell... Continue reading at Advertising Age

[ Advertising Age | 2018-11-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ad inventory #ad sales #bigger piece #digital publishers #commercial space #e-commerce giant #ad revenue

Unit Sales Dropped 5.3% in Early November

Unit sales of print books fell 5.3% in the week ended Nov. 10, 2018, compared to the similar week in 2017, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-16 00:00:00 UTC ]
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In Counterclaim, B&N Says Former CEO 'Sabotaged' Sale; Sexually Harassed Multiple Women

Barnes & Noble is now seeking damages from recently fired CEO Demos Parneros for breaching his fiduciary duties, including derailing the sale of the company so he could retain his job as B&N's CEO. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-30 00:00:00 UTC ]
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Chancellor confirms cut to business rates, schedules 'Amazon tax' for 2020

The Chancellor Philip Hammond has confirmed a tax cut to business rates of one third for all retailers in England with a rateable value of £51,000 or less. The measure will last for the next two years, until the next re-evaluation of rateable values in 2021. Hammond told the House of Commons... Continue reading at The Bookseller

[ The Bookseller | 2018-10-30 00:00:00 UTC ]
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Amazon Profits Soar Again, Despite Disappointing Sales

Although sales rose 29% in the third quarter (ended September 30) over the comparable period a year ago, investors had expected more rapid growth. Still, profits jumped to $2.9 billion, up from earnings of $256 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
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Sales of dropped Man Booker longlistees outstrip finalists

Sales of the Man Booker Prize titles dropped at the longlist stage have signfiicantly outsold its shortlist, according to Nielsen Bookscan, with Belinda Bauer's Snap (Bantam) shifting almost three times the total of the entire shortlist's sales. Continue reading at The Bookseller

[ The Bookseller | 2018-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #longlist stage #nielsen bookscan #belinda bauer

Sales, Earnings Drop in First Half of 2018 at PRH

Revenue fell 3.3% in the first half of 2018 compared to a year ago at Penguin Random House, and earnings dropped 17%. The decline was attributed mainly to the negative impact of foreign exchange rates. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-30 00:00:00 UTC ]
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Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings dropped #harry potter #cursed child

Barnes & Noble CEO ouster is latest setback in age of Amazon

Barnes & Noble's sudden firing of its CEO after only 14 months on the job dealt another setback to the embattled book seller as it struggles against stiffer competition from Amazon.The sudden vacancy at the top leaves Barnes & Noble treading water while it looks for a new leader, says... Continue reading at Advertising Age

[ Advertising Age | 2018-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #statement tuesday #financial reporting #potential fraud

B&N Posted Loss of $125 Million on 6% Sales Drop in FY '18

Total sales at Barnes & Noble fell 6.0% in the fiscal year ended April 28, 2018, compared to fiscal 2017, and the retailer posted a net loss of $125.5 million last year, compared to net income of $22.0 million in fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-21 00:00:00 UTC ]
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Amazon, JPMorgan and Berkshire Hathaway pick CEO for joint healthcare venture

Dr. Atul Gawande, a surgeon and bestselling author, has been named chief executive of a venture sponsored by Amazon.com Inc., JPMorgan Chase & Co. and Warren Buffett’s Berkshire Hathaway Inc. that aims to bring down those three firms’ healthcare costs. The companies announced the appointment... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #atul gawande #bestselling author #warren buffett #berkshire hathaway #companies announced