Ellora’s Cave Cuts Staff, Blames Big Amazon Sales Drop

In a letter to her authors, Ellora’s Cave CEO Patty Marks blames the cuts on unexplained declines in ebook sales through Amazon. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2014-08-22 00:00:00 UTC ]
News tagged with: #unexplained declines #ebook sales

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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 ]
More news stories like this | News stories tagged with: #rapid growth #profits jumped #$256 million


Amazon opens Manchester office, recruits 1,000 staff

Amazon is opening a new 90,000 sq ft corporate office in Manchester next year, for 600 fresh employees, along with boosting its development centres in Edinburgh and Cambridge. Continue reading at The Bookseller

[ The Bookseller | 2018-10-19 00:00:00 UTC ]
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PRH plans staff sale of 'Becoming' to empower the Advocacy Academy

Viking will be selling copies of Michelle Obama’s upcoming autobiography, Becoming, to PRH UK staff for £5-apiece on publication day to raise money for the Advocacy Academy. Continue reading at The Bookseller

[ The Bookseller | 2018-10-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michelle obama #publication day #raise money


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 ]
More news stories like this | News stories tagged with: #earnings drop #negative impact


Amazon staff employed to defend company on Twitter

A group of Amazon employees in the US is being paid to promote the company on Twitter. Continue reading at The Bookseller

[ The Bookseller | 2018-08-29 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


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's sales up 43% in first quarter

Amazon has reported a 43% rise in sales to $51bn (£36.9bn) for the first three months of 2018. Continue reading at The Bookseller

[ The Bookseller | 2018-04-28 00:00:00 UTC ]
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Skyhorse Reorg Leads to Cuts in Titles, Staff

Skyhorse Publishing has implemented a major reorganization that will reduce the total number of titles it publishes annually by about 25%, and cut 16 positions from its full-time staff of 77. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-10 00:00:00 UTC ]
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Sales, Earnings Drop at Quarto

Sales at the Quarto Group fell less than 1% in 2017 compared to 2016, and profit fell more substantially, declining 57.6% to $7.2 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-03-29 00:00:00 UTC ]
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Amazon Sales Soared in 2017

Amazon's revenue in 2017 jumped 31% over 2016, but operating income fell 2%. The company sees more huge sales gains in the first quarter of 2018, but no earnings increase. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-01 00:00:00 UTC ]
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‘Fire and Fury’ Drives Big Unit Sales Gain

Big sales of Michael Wolff's book contributed to boost sales 9% higher in the week ended January 14, 2018, than in the comparable week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big sales #michael wolff


Bookstore Sales Dropped 6.4% in November

The late year swoon in bookstore sales continued into November with sales down 6.4% from November 2016. November was the fourth consecutive month bookstore sales fell compared to the same month in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-12 00:00:00 UTC ]
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Literary fiction in crisis as sale drop dramatically, Arts Council England reports

New figures show that fewer UK writers earn enough to live on, as ACE blames falling sales of literary fiction on the recession and the rise of smartphonesThe image of the impoverished writer scratching out their masterwork in a freezing garret remains as true today as it was a century ago,... Continue reading at The Guardian

[ The Guardian | 2017-12-15 00:00:00 UTC ]
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Amazon sales rise 34% in third quarter

Amazon has reported a 34% rise in sales to $43.7bn (£33.41bn) for the three months ending September 30th, with the recent acquisition of Whole Foods Market contributing $1.3bn (£0.99bn) to that total. Continue reading at The Bookseller

[ The Bookseller | 2017-10-28 00:00:00 UTC ]
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Bookstore Sales Dropped 10.9% in August

Bookstore sales in August were $1.39 billion, down from $1.56 billion a year ago, marking a 10.9% decline. Sales for the first eight months of the year were down 2.5%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-13 00:00:00 UTC ]
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Amazon Buy Buttons Among Big Topics at BISG Meeting

The Book Industry Study Group devoted a large portion of its annual meeting held Monday to supply chain issues, with the relatively new phenomenon of third party resellers on Amazon being able to win buy buttons an issue panelists expressed particular concern about. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-26 00:00:00 UTC ]
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Milly Johnson condemns fraudulent sales on Amazon

Multi-million-pound selling writer Milly Johnson has hit out after finding fraudulent books being sold on Amazon under her name that she did not write. Continue reading at The Bookseller

[ The Bookseller | 2017-09-20 00:00:00 UTC ]
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Amazon UK Services sales soar but corporation tax payments halve

Turnover at Amazon's UK Services arm soared past £1bn for the first time in 2016, accounts filed on Companies House have revealed. Continue reading at The Bookseller

[ The Bookseller | 2017-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #accounts filed #companies house