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 ]
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Pearson returns to profit, PRH revenue up 'slightly'

Pearson has returned to profit a year after posting its biggest ever loss, at the same time as announcing it is putting its K12 school courseware business up for sale. Continue reading at The Bookseller

[ The Bookseller | 2018-02-24 00:00:00 UTC ]
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Amazon to adapt Iain Banks' space opera

Amazon will adapt the late Scottish author Iain M Banks’ acclaimed space opera Consider Phlebas 30 years after it was first published. Continue reading at The Bookseller

[ The Bookseller | 2018-02-22 00:00:00 UTC ]
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How European publishers are diversifying from overreliance on ad revenue

“Experiential is critical in marketing today. Many millennials would rather spend money on experiences over products.” The post How European publishers are diversifying from overreliance on ad revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-02-22 00:00:00 UTC ]
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Amazon to axe 'hundreds of roles'

Amazon has reportedly revealed it will axe a "small" number of roles and has not ruled out cutting jobs in the UK. Continue reading at The Bookseller

[ The Bookseller | 2018-02-15 00:00:00 UTC ]
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Winning Revenue-Generating Strategies for A New Era

In this Special Report, Folio: sought to identify where publishers and digital leaders are investing time, money and people as they look to grow their businesses in 2018 and beyond. The post Winning Revenue-Generating Strategies for A New Era appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-02-13 00:00:00 UTC ]
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Amazon and Virgin Media back sci-fi series of The Feed

Nick Clark Windo's The Feed (Headline) is being turned into a high-end sci-fi TV drama by Amazon and Virgin Media. Continue reading at The Bookseller

[ The Bookseller | 2018-02-10 00:00:00 UTC ]
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Walliams helps HarperCollins to second quarter revenue rise

Sales of David Walliams’ Bad Dad helped revenue at HarperCollins grow by $3 million year-on-year in the second quarter to $469 million. Continue reading at The Bookseller

[ The Bookseller | 2018-02-10 00:00:00 UTC ]
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Google and Facebook make up less than 5 percent of publishers’ digital revenue

Revenue from third-party platforms represented 16 percent of publishers' total digital revenue in the first half of 2017 -- nearly unchanged from a year earlier. The post Google and Facebook make up less than 5 percent of publishers’ digital revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-02-08 00:00:00 UTC ]
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Indigo Reports Its Highest Quarter Revenue Ever

Revenue for the Canadian retailer rose 8.2% in the third quarter, ended December 31, 2017. Sales in the period were C$433.3 million. The increases, the company said, combined for the highest quarterly revenue in its history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-07 00:00:00 UTC ]
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Amazon's shares jump after profit doubles

Amazon's shares jumped 6% after the retail giant posted its financial results for the fourth quarter, revealing it doubled profits made in the same period last year to $1.9bn (£1.34bn). Continue reading at The Bookseller

[ The Bookseller | 2018-02-03 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 ]
More news stories like this | All news stories tagged with: #earnings increase


In healthcare, Amazon eyes yet another sector to upend

From its humble beginnings as an online bookseller, Amazon.com Inc. has morphed into the world’s largest online retailer, a major book publisher, a film and television producer, a hardware manufacturer, a leading provider of cloud server space, an auction house, a marketing platform and a... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-01-31 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #marketing platform #leading provider #television producer #online bookseller #humble beginnings


Publishing Revenue at IDW Fell in Fiscal 2017

IDW Media reported that sales in its publishing group fell 12.1% in fiscal 2017 compared to fiscal 2016, but that it expects improved results in the current year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-01-30 00:00:00 UTC ]
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Amazon to open new Rugby fulfilment centre

Amazon's new fulfilment centre in Rugby will create 400 new jobs, the e-tailer has said. Continue reading at The Bookseller

[ The Bookseller | 2018-01-30 00:00:00 UTC ]
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Apple said to ready revamped ebooks push against Amazon

Apple is ready to take on Amazon.com in the digital book market again, years after regulators forced the iPhone maker to back down from an earlier effort to challenge the e-commerce giant's lead. Apple is working on a redesigned version of its iBooks ebook reading application for iPhones and... Continue reading at Baltimore Sun

[ Baltimore Sun | 2018-01-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #e-commerce giant #iphone maker


Google Play Store Now Selling Audiobooks and Boosting Content on Voice-Activated Devices

While hardly a shock that Google Play has started selling audiobooks, it's a moment to look at aspects of the format's sales-building prominence: the other way of 'reading.' The post Google Play Store Now Selling Audiobooks and Boosting Content on Voice-Activated Devices appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-25 00:00:00 UTC ]
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Deacon to lead Amazon Publishing UK

Laura Deacon has been appointed to lead Amazon Publishing UK's editorial team, succeeding current editor-in-chief, Emilie Marneur, who is moving to Amazon Video to become its head of film acquisition. Continue reading at The Bookseller

[ The Bookseller | 2018-01-24 00:00:00 UTC ]
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Facebook news-feed changes will cut into publishers’ branded-content revenue

Publishers were able to make decent money on Facebook by making and selling custom videos for advertisers, but that could soon change. The post Facebook news-feed changes will cut into publishers’ branded-content revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-22 00:00:00 UTC ]
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Driscoll signs new two-book deal with Amazon Publishing

Amazon Publishing’s Thomas & Mercer imprint has signed two new titles from former BBC journalist, Teresa Driscoll. Continue reading at The Bookseller

[ The Bookseller | 2018-01-20 00:00:00 UTC ]
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‘Reach does not equal revenue’: A Digiday+ Slack town hall with Fatherly COO Michael Wertheim

Fatherly COO Michael Wertheim discussed the fallout from Facebook’s latest algorithm changes for publishers, diversification of traffic sources and more. The post ‘Reach does not equal revenue’: A Digiday+ Slack town hall with Fatherly COO Michael Wertheim appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-01-19 00:00:00 UTC ]
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