How Alexa, Echo, and other devices became a drag on Amazon’s revenue

Sure, R&D is expensive, but the issues run deeper. When Amazon CEO Andy Jassy announced earlier this week that Amazon would be conducting layoffs, he called out one team in particular: devices and books, which is responsible for products including Alexa, Kindle readers, Echo smart speakers, Fire tablets, Ring doorbells, and a household robot known as Astro.Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2022-11-26 05:00:00 UTC ]
News tagged with: #kindle readers #fire tablets #kindle

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Orenda lands Tuomainen’s thriller trilogy ahead of Carell's Amazon series

Orenda Books has landed Antti Tuomainen’s thriller trilogy The Rabbit, which is currently being adapted for the screen by Amazon Studios, starring Steve Carell.  Continue reading at The Bookseller

[ The Bookseller | 2021-06-26 18:56:19 UTC ]
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'Books galore' among thousands of unsold items 'destroyed by Amazon each week'

Amazon is destroying tens of thousands of items of unsold stock, including "books galore" in one of its UK warehouses every week, according to an ITV News investigation. Continue reading at The Bookseller

[ The Bookseller | 2021-06-21 23:55:57 UTC ]
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Mikyla Bruder Steps Up at Amazon Publishing

The forthcoming head of Amazon's publishing arm, a 10-year veteran at the business, looks toward its future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-18 04:00:00 UTC ]
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You Won’t Find the Hardcover of Dave Eggers’s Next Novel on Amazon

“The Every,” a follow-up to his hit book “The Circle,” will be available in independent bookstores in October. The paperback will arrive just six weeks later, but the hardcover will remain exclusive to independent stores. Continue reading at The New York Times

[ The New York Times | 2021-06-09 14:00:08 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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Transworld snaps up debut by Drag Race winner Lawrence Chaney

Transworld has snapped up world rights for "RuPaul's Drag Race" winner Lawrence Chaney’s memoir, which will "delight and inspire readers." Continue reading at The Bookseller

[ The Bookseller | 2021-05-20 10:23:40 UTC ]
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Amazon Publishing, DPLA Ink Deal to Lend E-books in Libraries

The deal represents a major step forward for the digital library market. Not only is Amazon Publishing finally making its digital content available to libraries, the deal also gives libraries a range of models through which it can license the content. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-18 04:00:00 UTC ]
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Amazon Publishing promotes Chebaro and Stiles

Amazon Publishing has promoted Sana Chebaro to head of marketing in Europe and named Hatty Stiles as associate rights director.  Continue reading at The Bookseller

[ The Bookseller | 2021-05-14 16:28:25 UTC ]
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How did Amazon grow so fast? By thinking outside the shipping box.

Brad Stone recounts the company’s expansion, in which retail is almost a side note. Continue reading at The Washington Post

[ The Washington Post | 2021-05-07 12:00:00 UTC ]
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Amazon Publishing sponsors Capital Crime's 2021 New Voices Award

Amazon Publishing will sponsor Capital Crime's 2021 New Voices Award sponsored by Amazon Publishing with a £1,000 cash prize and potential publication. Continue reading at The Bookseller

[ The Bookseller | 2021-05-05 13:40:42 UTC ]
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These are the 50 best-selling books of all time (on Amazon).

Want to read what everyone else is reading? MarketWatch reports that in honor of World Book Day, Amazon has released a list of their 50 overall bestselling books in the U.S. (at least in the 27 years since their launch in 1994). Of course, not everyone buys their books on Amazon (may we suggest... Continue reading at Literrary Hub

[ Literrary Hub | 2021-04-23 16:45:58 UTC ]
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Keiichiro Hirano Leads Amazon Crossing’s World Book Day Titles

Translations now free in this year's offer include today's release of Keiichiro Hirano's bestseller in Tokyo, 'At the End of the Matinee.' The post Keiichiro Hirano Leads Amazon Crossing’s World Book Day Titles appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-15 23:53:49 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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Amazon Announces Its Wattpad-Style ‘Kindle Vella’ Platform

Opening a new route to self-publishing, Amazon's Kindle Vella capitalizes on the popularity of online serialized storytelling. The post Amazon Announces Its Wattpad-Style ‘Kindle Vella’ Platform appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-14 17:25:03 UTC ]
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Amazon Charts: Twochubbycubs swipe up to the top

James and Paul Anderson's Twochubbycubs: Fast and Filling (Yellow Kite) has zoomed straight to the top of the Amazon Charts' Most-Sold: Non-Fiction chart.  Continue reading at The Bookseller

[ The Bookseller | 2021-04-13 16:21:05 UTC ]
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PRH Worldwide Revenue Hit $4.4 Billion in 2020

Driven by strong sales in the U.S. in 2020, revenue at Penguin Random House increased 4.6% over 2019, while profits jumped 23%. The U.S. accounted for 58% of worldwide sales, up from 56% in 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-30 04:00:00 UTC ]
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Book Workers to Hold Day of Solidarity with Amazon Workers

Book business workers at a number of bookstores, publishers, and literary publicity firms have declared a Book Workers Day of Solidarity on March 26 in support of Amazon workers organizing to form a union in Bessemer, Ala. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-24 04:00:00 UTC ]
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‘The big guys are winning’: Digital media budgets prioritize Walmart, Amazon despite a glut of retail media inventory

Despite ample inventory available on other retail media platforms, brands still mostly turn to Walmart and Amazon. The post ‘The big guys are winning’: Digital media budgets prioritize Walmart, Amazon despite a glut of retail media inventory appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-03-23 04:01:00 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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