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

Other news stories related to: "How Alexa, Echo, and other devices became a drag on Amazon’s revenue"


Amazon Charts: Twice in a Blue Moon for Lee Child

Lee Child's Blue Moon (Transworld) has retained its double at the top of the Amazon Charts, holding the Most-Read and Most-Sold number ones in Fiction for a second week running. Continue reading at The Bookseller

[ The Bookseller | 2019-11-13 07:09:25 UTC ]
More news stories like this | All news stories tagged with: #week running #lee child #blue moon #amazon charts


Amazon offers teachers a place to sell resources they create

Amazon has opened a storefront and publishing platform for people to buy and sell K-12 educational materials. People who create such resources can upload them for others to purchase. Continue reading at Engadget

[ Engadget | 2019-11-12 15:32:00 UTC ]
More news stories like this | All news stories tagged with: #publishing platform


S&S sees revenues slide by 9% to $217m

Worldwide revenues at Simon & Schuster have dipped by 9% to $217m for the third quarter of 2019, from $240m for the same period last year, parent firm CBS has revealed. Continue reading at The Bookseller

[ The Bookseller | 2019-11-12 05:24:03 UTC ]
More news stories like this | All news stories tagged with: #simon schuster #worldwide revenues


Morrison joins Echo Publishing as associate publisher

Bonnier Books' Sydney-based publisher Echo Publishing has appointed Tegan Morrison as associate publisher. Continue reading at The Bookseller

[ The Bookseller | 2019-11-11 20:32:57 UTC ]
More news stories like this | All news stories tagged with: #bonnier #bonnier books #associate publisher


Digital Media’s Future Lies Beyond Ads and With Direct Consumer Revenue

The long-predicted digital media consolidation has finally come to pass. More than 100 online publishing companies are on pace to be sold this year, highlighted by the recent purchases of Refinery29, PopSugar and New York Magazine. The impetus for the sudden deal velocity is the direct result of... Continue reading at AdWeek

[ AdWeek | 2019-11-11 16:49:21 UTC ]
More news stories like this | All news stories tagged with: #digital media #online publishing #direct result #york magazine


Amazon Reducing Orders to Publishers

In order to deal with congestion issues at its warehouses, Amazon has been cutting book orders to publishers over the last several weeks, a move publishers say is on track to damage their holiday sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-11 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #holiday sales


Lin-Manuel Miranda has a surprisingly personal reason for opening a bookstore in the age of Amazon

He may have created the biggest hit on Broadway, but the ‘Hamilton’ auteur still thinks small in a lot of ways, especially when it comes to business. Along with being the creator of a little show called Hamilton, Lin-Manuel Miranda is also known for his enthusiastic social media... Continue reading at Fast Company

[ Fast Company | 2019-11-08 17:15:09 UTC ]
More news stories like this | All news stories tagged with: #bookstore #biggest hit #lin-manuel miranda


Translations Pay Off for Amazon

Amazon Crossing, Amazon’s publishing imprint focused on literary translation, is the most prolific publisher of translated literature in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #publishing imprint #translated literature #literary translation


Bertelsmann 'confident' at nine-month mark as group revenues grow 3.3%

Penguin Random House's parent company Bertelsmann has expressed confidence it will meet its targets for the full year 2019, reporting a boost in group revenues for the first nine months of 3.3%. Continue reading at The Bookseller

[ The Bookseller | 2019-11-08 00:49:57 UTC ]
More news stories like this | All news stories tagged with: #bertelsmann #group revenues #nine-month mark


Meredith’s Vision for the Future Includes Growth in Print Advertising, Newsstand Revenue

Just two months after the company's fiscal 2019 earnings report saw its share price tumble 23% in a single day, Meredith Corp. revealed a somewhat optimistic forecast for the company's print magazine business in its Q1 2020 report, covering the period from July 1 to September 30. On an earnings... Continue reading at Folio Magazine

[ Folio Magazine | 2019-11-07 19:16:37 UTC ]
More news stories like this | All news stories tagged with: #majority stake #significant growth #subscriber base #audited media #specific brand #magnolia journal #charging people


Q3 Revenues Fell at LSC Communications

The printing giant posted a sales decline of 17.9% in the third quarter, although excluding one-time items "organic sales" were down 9.3%. The company also lowered its forecast for sales and earnings for the full year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-07 05:00:00 UTC ]
More news stories like this | All news stories tagged with: #full year #lsc communications #sales decline


'Solid' third quarter for Hachette UK as Lagardère reveals 4.1% revenue boost

Hachette UK has reported a "solid" third quarter, slightly down on last year due to slow sales in Education, as parent company Lagardère revealed a 4.1% revenue increase like-for-like. Continue reading at The Bookseller

[ The Bookseller | 2019-11-07 01:53:48 UTC ]
More news stories like this | All news stories tagged with: #hachette #lagardère #year due #hachette uk


Amazon Charts: Blue Moon phases into the top spot

Lee Child's Blue Moon (Transworld) has scored a double, topping both the Amazon Charts' Fiction rankings. Continue reading at The Bookseller

[ The Bookseller | 2019-11-06 01:59:42 UTC ]
More news stories like this | All news stories tagged with: #lee child #amazon charts


John Catt Educational hails record results as revenue rises 16%

Indie educational publisher John Catt has reported record results for the year ending 31st August 2019, with revenues from across the business rising. Continue reading at The Bookseller

[ The Bookseller | 2019-11-05 07:35:27 UTC ]
More news stories like this |


Media Execs Talk New Revenue Streams and Building on Loyal Audiences at the Folio: Show

Day two of the Folio: Show opened with another panel of industry veterans sharing insights on leveraging content for revenue, moderated by Christa Carone, president of Group Nine Media.  Eric Schurenberg, CEO of Mansueto Ventures, the parent company of Inc. and Fast Company, shared intel on how... Continue reading at Folio Magazine

[ Folio Magazine | 2019-10-31 21:34:33 UTC ]
More news stories like this | All news stories tagged with: #bonnier #hearst #cookbook #editorial teams #general manager #yankee publishing


How a thriving indie bookseller is taking on Amazon's bricks-and-mortar insurgence

Ann Patchett reveals the route to her bestseller and how she'll battle Amazon. (Shop dogs help.) Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-10-31 20:02:20 UTC ]
More news stories like this | All news stories tagged with: #bookseller


Amazon Charts: Rosie Walsh rings in the changes

Rosie Walsh's The Man Who Didn't Call (Mantle) has leapfrogged Margaret Atwood's The Testaments (Vintage) to claim the Amazon Charts Most-Sold: Fiction number one, in its 14th week in the chart. Continue reading at The Bookseller

[ The Bookseller | 2019-10-30 10:31:46 UTC ]
More news stories like this | All news stories tagged with: #fiction number #testaments vintage #rosie walsh #amazon charts


Can Bookshop Become the Indie Amazon?

The soon-to-launch platform aims to give booksellers an edge against the e-tail giant. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-25 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #bookshop #e-tail giant


Amazon Charts: Adam Kay jingles all the way to number one

Adam Kay's Twas the Nightshift Before Christmas (Picador) has made a surgical strike on the Amazon Charts Most-Sold: Non-Fiction number one, with the This is Going to Hurt sequel beating Elton John's Me (Macmillan) to the top spot. Continue reading at The Bookseller

[ The Bookseller | 2019-10-23 10:27:14 UTC ]
More news stories like this | All news stories tagged with: #surgical strike #adam kay #amazon charts


Digiday Research: Reader revenue is the top publisher priority for 2020

Growing direct reader revenue remains the biggest priority for publishers heading into 2020. The post Digiday Research: Reader revenue is the top publisher priority for 2020 appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-10-22 04:01:38 UTC ]
More news stories like this | All news stories tagged with: #top publisher #reader revenue #digiday research