Jeff Bezos Reveals Amazon Makes No Dough On Its Hardware

Jeff Bezos, in the U.K. to launch the Kindle Paperwhite and Amazon's Lending Library service, has told the BBC that his firm makes no money on its Kindles. "We make money from when people use our devices, not when people buy our devices," he told technology correspondent Rory Cellan-Jones. "That continuing relationship with the customer is where we hope to make money over time." The CEO also talked about the effect of the Kindle on bookselling, claiming that people read about four times as much once they've bought an eReader, but continue buying traditional books as well as digital books. Continue reading at 'Fast Company'

[ Fast Company | 2012-10-12 00:00:00 UTC ]

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E-Books Outsell Print Books at Amazon

Amazon.com said that it sold 105 ebooks for every 100 printed books, a milestone that its chief executive, Jeff Bezos, said had occurred sooner than expected. Continue reading at The New York Times

[ The New York Times | 2011-05-20 00:00:00 UTC ]
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Supply chain consolidation "inevitable", LBF told

Written By: Charlotte Williams Publication Date: Thu, 14/04/2011 - 09:24 Supply chain consolidation is "inevitable", as the increase in sales of digital books will mean fewer physical books sold and more trade going online, London Book Fair delegates were told. read more Continue reading at The Bookseller

[ The Bookseller | 2011-04-14 00:00:00 UTC ]
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Agents Keeping Foreign Publishers on Digital Leash

As the London Book Fair goes through its annual run this week, American agents are trying to figure out the best way to sell digital rights to foreign publishers in markets that are far behind the U.S. in ebook sales. Even though many international publishers are just starting to dabble in... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-04-11 00:00:00 UTC ]
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