Barnes & Noble says it plans to keep making its Nook electronic readers and will focus on offering content to its customers, even as its first-quarter net loss nearly doubled.The quarterly results came as the struggling bookseller's chairman said he is abandoning his bid for the company's retail stores. Shares tumbled 12% in midday trading.Barnes & Noble is reviewing its strategy in the wake of CEO William Lynch's departure in June and continuing declines in Nook revenue, a unit the company has invested heavily in. In a call with investors, Barnes & Noble Michael Huseby, president of Barnes & Noble and CEO of its Nook business, said the 4-year-old Nook business has had some success, with 10 million devices sold and a 22% share in the ebook market. But he said there have been missteps."We have faced an increasingly challenging competitive landscape and, as it turned out, we were overly optimistic the past two holiday seasons, forecasting demand for our Nook devices falling far short of our expectations," he said in a call with investors.In June, Barnes & Noble said it would explore making its color Nook devices with a third-party manufacturer. On Tuesday Mr. Huseby elaborated, saying the company continues to design and develop both black-and-white and color Nook devices, with at least one new Nook due out for the holiday season and more products in development. He said the company already works with third-party manufacturers for parts of the device such... Continue reading at 'Crains New York'
[ Crains New York | 2013-08-20 00:00:00 UTC ]
OverDrive CEO Steve Potash continues to raise concerns that under the proposed merger of the W3C and the IDPF, the book industry will lose influence over the continued development of the ePUB ebook file standard. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-20 00:00:00 UTC ]
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When Josh Spencer opened The Last Bookstore in downtown Los Angeles, he thought it was going to fail within three years due to the declining state of the book industry. That’s why he chose the boldly ironic name. But The Last Bookstore has thrived. In this documentary from Chad Howitt, Welcome... Continue reading at Slate
[ Slate | 2016-09-02 00:00:00 UTC ]
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The media world for months has been all Facebook, Donald Trump and ad blocking, so why would the past week in digital marketing be any different? Check out these eight data points that jumped off the page during the past several days. 1. If social is any indication, Hillary is in... Continue reading at AdWeek
[ AdWeek | 2016-07-28 00:00:00 UTC ]
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'We will have to strengthen our voice,' says a panelist from the UK's Publishers Association on the implications of Brexit for the book industry there. The post ‘Brexit Means Brexit’? UK Publishing Isn’t Fully Convinced appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-07-12 00:00:00 UTC ]
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Two leading trade bodies in the book industry are turning towards lobbying the UK competition authorities over Amazon as opposed to the European Commission following Brexit. Continue reading at The Bookseller
[ The Bookseller | 2016-07-08 00:00:00 UTC ]
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Expect to see more pictures of your friends' pets and wedding announcements from extended family members in your Facebook news feed in the coming weeks. And expect to see less news. In yet another blow to publishers that have spent years building audiences to build traffic and revenue, the... Continue reading at AdWeek
[ AdWeek | 2016-06-29 00:00:00 UTC ]
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This year’s haemorrhaging of literary journalists from the national newspapers has been described as “heartbreaking” for the book industry, and has renewed the spotlight on the long-running problem of dwindling review space. Continue reading at The Bookseller
[ The Bookseller | 2016-06-27 00:00:00 UTC ]
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German Book Office Editors' Trip participants get a first-hand look at current trends, books, and ideas in the German children’s book industry, June 26-July 1. The post GBO Editors’ Trip Bolsters Visibility for German Children’s Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-06-06 00:00:00 UTC ]
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A court ruling that ends the decades-long practice of distributing copyright levies equally between authors and publishers is rocking Germany’s book industry. Continue reading at The Bookseller
[ The Bookseller | 2016-05-09 00:00:00 UTC ]
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Feeling the Facebook rush, New York Media is investing more toward video production in 2016, starting with hiring Business Insider and TV vet Matt Johnston as its first executive producer of video. The publisher will focus on creating news-driven video -- instead of recurring series -- for... Continue reading at Digiday
[ Digiday | 2016-02-25 00:00:00 UTC ]
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What do you want from a website dedicated to the future of the book industry? I'll tell you what I don't. Continue reading at The Bookseller
[ The Bookseller | 2016-02-02 00:00:00 UTC ]
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The children’s book industry will continue to see demand for beautiful print books and diverse stories in 2016, and the market for Young Adult titles by UK authors will go from strength to strength, according to publishers and editors. Continue reading at The Bookseller
[ The Bookseller | 2016-01-29 00:00:00 UTC ]
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UK publisher Lord Weidenfeld was a towering and influential figure in the book industry, and he seemed to embody not only the history of publishing but also the history of Europe. The post Tribute to Lord Weidenfeld, One of the Last Great Émigré Publishers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-01-21 00:00:00 UTC ]
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The AAP, working with the United Negro College Fund, is offering paid summer internships in the book industry to African American students at Historical Black Colleges and Universities. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-14 00:00:00 UTC ]
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As our parting gift to you for 2015, Publishing Perspectives re-imagines several popular Christmas carols through the prism of the book business. The post Happy Holidays! Christmas Carols for the Book Industry appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-12-21 00:00:00 UTC ]
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"Fools ignore complexity. Pragmatists suffer it. Some can avoid it. Geniuses remove it," wrote renowned computer scientist Alan Perlis. Anyone who has examined the landscape of the advertising technology industry can appreciate this sentiment. While the computer scientists who create the code we... Continue reading at Advertising Age
[ Advertising Age | 2015-12-10 00:00:00 UTC ]
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Manuel Gil challenges assertions that Spain's book industry is diverse and competitive, calling them science fiction. The post On the “Virtual Unreality” of Publishing in Spain appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-11-19 00:00:00 UTC ]
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In October 2004, Google founders Larry Page and Sergey Brin made a rare appearance at the Frankfurt Book Fair to launch what for them must have seemed like an ambitious yet benign programme to scan the world’s published content and make it available to search online, under what was then called... Continue reading at The Bookseller
[ The Bookseller | 2015-10-23 00:00:00 UTC ]
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Salman Rushdie will discuss the significance of freedom of expression for authors and the book industry in his keynote address at the Frankfurt Book Fair this year. A spokesperson for the Frankfurt Book Fair said: “The publication of polemic literature and its consequences affect not just... Continue reading at The Bookseller
[ The Bookseller | 2015-09-29 00:00:00 UTC ]
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As SIBA prepares to hold its 40th regional conference in Raleigh, N.C., September 18–20, its executive director, Wanda Jewell, shares 40 pieces of advice for getting along in the book industry, gleaned from her 25 years with the group. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-09-11 00:00:00 UTC ]
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