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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Scholastic Lowers Revenue, Profit Forecast for Fiscal 2019

Citing issues in its book fair and book club businesses in the fourth quarter ended May 31, 2019, Scholastic said it expects sales and earnings for fiscal 2019 to be below previous forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #book fair


Amazon imprint signs three-book series from debut crime writer Kane

Amazon Publishing imprint Thomas & Mercer has signed a three-book series from debut crime writer S W Kane. Continue reading at The Bookseller

[ The Bookseller | 2019-06-02 15:18:44 UTC ]
More news stories like this | All news stories tagged with: #three-book series


Amazon reportedly mulls buying Boost from T-Mobile, Sprint

Amazon.com Inc. is interested in acquiring prepaid wireless phone service Boost Mobile from T-Mobile US Inc. and Sprint Corp., Reuters reported, citing people familiar with the matter. Amazon is considering buying Boost for an attached wholesale deal that would allow the buyer to use T-Mobile’s... Continue reading at Advertising Age

[ Advertising Age | 2019-05-31 17:33:29 UTC ]
More news stories like this | All news stories tagged with: #—bloomberg news #york state #online orders #pilot program #download books #kindle e-readers


Amazon aims to challenge Google after acquiring Sizmek ad server

Amazon has agreed to acquire the ad server business of Sizmek, a move which will have significant implications for both marketers and Google. Although terms of the deal were not disclosed, one person whose company was also bidding on Sizmek’s ad server believes the company was seeking about $30... Continue reading at Advertising Age

[ Advertising Age | 2019-05-31 15:26:13 UTC ]
More news stories like this | All news stories tagged with: #holding companies #aggressive moves


Amazon denies large-scale reduction of small suppliers

Amazon has denied a large-scale reduction of orders from small suppliers, saying selling partnerships are reviewed on an individual basis.  Continue reading at The Bookseller

[ The Bookseller | 2019-05-31 08:37:49 UTC ]
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Amazon Removes Books Promoting Bleach As Cure For Autism, Cancer

The action follows parents saying they have force-fed their children the toxic chemical as a “miracle cure.” Continue reading at The Huffington Post

[ The Huffington Post | 2019-05-29 19:16:25 UTC ]
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BookExpo 2019: Amazon Publishing Marks Its First 10 Years

Almost exactly 10 years ago, in May 2009, Amazon expanded from selling books to publishing them as well with the launch of Amazon Encore, a publishing program for promising self-published books and out-of-print works from major houses. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-29 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #major houses #amazon encore #selling books #publishing program


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 | All news stories tagged with: #joined forces #axel springer #fight google #amazon appeared #post germany


Amazon Kindle now supports Traditional Chinese books 現在有傳統的中文書籍支持

Amazon's e-ink Kindle-reader devices, Fire tablets, and the associated ebook service are wildly popular. Competitor devices, such as the Nook from Barnes and Noble, simply don't compare. Is it worrying that Amazon essentially has a stranglehold on the digital book market? I suppose, but look, no... Continue reading at Betanews

[ Betanews | 2019-05-24 17:33:08 UTC ]
More news stories like this | All news stories tagged with: #simply don #wildly popular #ebook service #fire tablets


Platform ad revenue opportunities are growing for publishers, but scale still matters

Ad revenue from YouTube, Facebook, Snapchat and Twitter is helping publishers build more sustainable video business models -- though scale still matters. The post Platform ad revenue opportunities are growing for publishers, but scale still matters appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-05-22 04:01:36 UTC ]
More news stories like this | All news stories tagged with: #ad revenue


Amazon Literary Partnership grant recipients include nine groups in California

The Amazon Literary Partnership announced Monday that it was giving more than $1 million in grants to 66 literary nonprofit groups across the country, including nine in California. Amazon has awarded the grants annually since 2009, with the money going to small publishers, writing centers,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-05-21 17:40:00 UTC ]
More news stories like this | All news stories tagged with: #small publishers #$1 million


Bloomsbury's academic and professional revenue leaps by 13%

Bloomsbury’s results for the year ending 28th February 2019 show “outstanding performance” in the academic and professional division with a 13% increase in revenue growth, as it unveils a partnership with educational publishers Human Kinetics and Taylor and Francis. Continue reading at The Bookseller

[ The Bookseller | 2019-05-21 03:51:48 UTC ]
More news stories like this | All news stories tagged with: #revenue growth #13% increase #professional division


Amazon Literary Partnership Announces More than $1 Million in 2019 Grants

Reiterating its emphasis on voices underrepresented in many parts of the publishing industry, the Amazon Literary Partnership reaches its 10th year. The post Amazon Literary Partnership Announces More than $1 Million in 2019 Grants appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-05-21 01:30:39 UTC ]
More news stories like this | All news stories tagged with: #10th year #publishing industry #$1 million


Amazon Literary Partnership Awards $1M in Lit Funding

The Amazon Literary Partnership has awarded $1 million in support to 66 literary nonprofits, in addition to awarding grants of $120,000 each to the Academy of American Poets and to the Community of Literary Presses and Magazines. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-20 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #american poets


Amazon Publishing Turns 10

Since its launch in 2009, Amazon’s publishing group has developed a backlist of 10,000 titles, and 40 of its authors have reached more than one million readers each. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-17 04:00:00 UTC ]
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Amazon's upgraded Fire 7 and Fire 7 Kids Edition tablets get twice the storage for the same price

One of the best cheap tablets you can buy is getting better. On Thursday morning, Amazon revealed upgraded models of its super-popular Fire 7 and Fire 7 Kids Edition tablets, starting at $50 and $100 respectively.Prices haven’t gone up with these refreshes, but Amazon doubled the amount of... Continue reading at PC World

[ PC World | 2019-05-16 14:33:00 UTC ]
More news stories like this | All news stories tagged with: #watch videos #previous generation #thursday morning


Amazon Prime snaps up Merico's Mafia Princess

Amazon Prime Video has greenlit its first Italian Prime Original drama series inspired by true crime memoir Mafia Princess by Marisa Merico, published by HarperCollins in 2010. Continue reading at The Bookseller

[ The Bookseller | 2019-05-16 00:00:00 UTC ]
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How Amazon feeds its bottomless appetite

Everyone has heard of Amazon’s website and its express delivery service, but we pay less attention to its appetite for competitors and former associates. Amazon is shrinking time and eating up the planet. Once a small online book retailer, in 2018 it took over Whole Foods Market, a leading US... Continue reading at Fast Company

[ Fast Company | 2019-05-15 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #foods market


Hachette UK revenues fall 3.7% in first quarter, Lagardère reveals

Hachette parent company Lagardère has reported a 0.9% increase in total like-for-like publishing revenues for the first quarter, but revealed a 3.7% fall in the UK compared to last year's Fire and Fury-fuelled success. Continue reading at The Bookseller

[ The Bookseller | 2019-05-08 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #publishing revenues #9% increase


S&S revenues up for first quarter by $4m

Simon & Schuster has seen revenues for the first quarter rise $4m, driven by higher print sales, against the same period last year. Continue reading at The Bookseller

[ The Bookseller | 2019-05-04 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #simon schuster