Facebook's Mobile Revenue Climbs to $2.5 Billion as Ad Prices Soar

Facebook continues to do what few digital publishers can pull off: Over each of the last five quarters, the social network has been able to boost revenue even as it sells fewer ads.The ability to raise prices has rocketed Facebook's overall revenue to $3.85 billion in the most recent quarter. In the final three months of 2014, Facebook served 65% fewer ads than a year earlier, but the average cost of those ads to advertisers was 335% higher.While Google, Yahoo and many digital media companies are trying to squeeze ads in to more places to make money, Facebook has gone the other way. Despite a seemingly endless amount of inventory, it is trying to create a sense of scarcity around the ads it serves. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2015-01-29 00:00:00 UTC ]
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Audio Publishers Association Cites 12-Percent 2020 US Audiobook Revenue Growth

In 2020, the Audio Publishers Association sales report finds more than 71,000 audiobooks were published in the US, up 39 percent over 2019. The post Audio Publishers Association Cites 12-Percent 2020 US Audiobook Revenue Growth appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-06-01 13:14:36 UTC ]
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5 Contemporary Literary Fiction Books That Are Game-Changers

If you want to do some serious reading to reflect on humanity and its many aspects, these 5 contemporary literary fiction books are for you, including A Burning By Megha Majumdar. Continue reading at Book Riot

[ Book Riot | 2021-05-28 10:38:00 UTC ]
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WhatsApp: Facebook-owned app goes to court over India privacy rules

WhatsApp says India's new digital media rules will violate the privacy of its users. Continue reading at BBC World

[ BBC World | 2021-05-26 10:59:05 UTC ]
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Clarivate to Buy ProQuest for $5.3 Billion

In a huge deal in the library and information publishing world, London-based Clarivate has agreed to acquire ProQuest, an acquisition expected to be completed later this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-17 04:00:00 UTC ]
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Librarians fighting 'exorbitant' e-book pricing hope for CMA action

Librarians fighting the “exorbitant” pricing and licensing of academic e-books claim others are afraid of speaking out about the subject and are hoping the Competitions & Marketing Authority (CMA) will take action. Continue reading at The Bookseller

[ The Bookseller | 2021-05-11 20:10:02 UTC ]
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HarperCollins Profits Soared in Q1

Big gains in digital and backlist sales combined to drive up profits at HarperCollins by 45% in the quarter ended March 31, 2021, while sales rose 19%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-07 04:00:00 UTC ]
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Maggie Shipstead’s ‘Great Circle’ is a soaring work of historical fiction and a perfect summer novel

The arresting tale of a “lady pilot” in the mid-20th century is interwoven with the story of a modern-day Hollywood actress. Continue reading at The Washington Post

[ The Washington Post | 2021-05-03 09:40:22 UTC ]
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Ad Age Agency Report 2021: Rankings and analysis

Ad Age Agency Report is an annual ranking and analysis of advertising and marketing-services agencies. The report includes rankings based on U.S. and worldwide revenue. We have published Ad Age Agency Report every year since 1945. We published Ad Age Agency Report 2021 on May 3, 2021. A... Continue reading at Advertising Age

[ Advertising Age | 2021-05-02 18:39:14 UTC ]
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UK book sales soared in 2020 despite pandemic

New figures from the Publishers Association show fiction and audiobooks did particularly well, with value of consumer sales up 7% on 2019 despite bookshop closuresFiction sales in 2020 soared by more than £100m for UK publishers, as readers locked down at home made their escape into books, with... Continue reading at The Guardian

[ The Guardian | 2021-04-26 23:01:49 UTC ]
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UK publishing income up 2% in Covid-hit 2020 despite print decline

Total publishing income hit record levels in 2020, rising 2% to £6.4bn, buoyed by a digital surge that helped offset a 6% decline in print sales, a report by the Publishers Association shows. Continue reading at The Bookseller

[ The Bookseller | 2021-04-26 10:50:38 UTC ]
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Maryland lottery and gaming chief to retire after presiding over span with record lottery and casino revenues

Deputy Director James R. Nielsen will then become acting director while Republican Gov. Larry Hogan’s appointments office searches for Gordon Medenica’s successor. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-04-15 21:12:04 UTC ]
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Court Appoints Hagens Berman Lead Counsel in Amazon E-book Price Fixing Case

In a brief order, judge Gregory Woods said the move, which is common in consumer class action cases, will bring "efficiency and economy" to what is "likely to be expensive and complicated litigation." Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-15 04:00:00 UTC ]
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Hachette Book Group: 2-Percent Rise in Carbon Footprint

Hachette Book Group releases an environmental progress report, which found that paper accounts for 95% of the publisher's carbon footprint. The post Hachette Book Group: 2-Percent Rise in Carbon Footprint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-14 12:30:13 UTC ]
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5 Audiobooks for Celebrating the Stories of Trailblazing Women

In an attempt to take the subject beyond March, this month’s audiobook recommendations shine a light on women’s history, known and unknown, heralded and not. Viewing the glass as half-empty, it’s dispiriting how many of these stories remain untold, forgotten, or misunderstood. But let’s be... Continue reading at Literrary Hub

[ Literrary Hub | 2021-04-05 08:49:04 UTC ]
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PW Picks: Books of the Week, April 5, 2021

The books we love coming out this week include new titles by Abby Jimenez, Jeff VanderMeer, and Paul Herron. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-02 04:00:00 UTC ]
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Book Deals: Week of April 5, 2021

William Morrow preempts a debut novel by Liz Stein, Michelle Tea sells a memoir about the reproductive industrial complex to Dey Street, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-02 04:00:00 UTC ]
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Quarto sees 2020 revenue fall 7% but profits rose

The Quarto Group saw revenue fall 7% year on year in 2020 to $126.9m (£91.5m) although adjusted operating profit increased to $10.6m (£7.6m) in the same period. Continue reading at The Bookseller

[ The Bookseller | 2021-03-22 10:24:18 UTC ]
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Unit Sales of Print Books Soared 36.5% Last Week

Though unit sales began softening a bit at this time last year because of the early impact of the pandemic, the spike in sales last week was mainly due to the continued demand for print books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-18 04:00:00 UTC ]
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Facebook and News Corp Strike Pay Deal for Australian Content

The deal with News Corp followed a standoff over legislation passed by the Australian government to compensate publishers. Continue reading at The New York Times

[ The New York Times | 2021-03-16 18:21:40 UTC ]
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