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 ]
News tagged with: #kindle paperwhite #make money #people read #jeff bezos #ve bought #digital books

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Americas Authors Guild presses US justice department to get aggressive with Amazon

The literary body, representing 9,000 authors, is calling on the US government to launch a competition investigation into Amazon, following the long-running dispute between the internet retailer and publisher HachetteAmericas Authors Guild has met with the US department of justice to call for an... Continue reading at The Guardian

[ The Guardian | 2014-10-03 00:00:00 UTC ]
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Amazon Shares Details on Crowdsourced Publishing Program

In an email to authors, Amazon officials shared more details on its recently announced American Idol-style crowdsourced publishing platform. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-02 00:00:00 UTC ]
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Authors Guild Calls for Antitrust Scrutiny of Amazon

In a message circulated to members, and shared with the public, the Authors Guild today confirmed that it hosted a meeting on August 1 between a group of authors and the Department of Justice, in an effort draw antitrust scrutiny of Amazon's practices. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-02 00:00:00 UTC ]
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Booksellers raise Amazon monopoly concerns with European Commission

Booksellers have met with European Commission officials to discuss their concerns that Amazon holds a monopoly in the online book market. The booksellers urged the Commission to make sure that consumers will have a rich and diversified online book offering, said Françoise Dubruille, director of... Continue reading at PC World

[ PC World | 2014-10-02 00:00:00 UTC ]
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Amazon Publishing Taps Myers

Dominic Myers, previously managing director of Waterstones in the U.K., became head of Amazon Publishing in Europe effective September 22. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-10-01 00:00:00 UTC ]
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Six new billionaires from Bay Area make the Forbes 400 list

A half-dozen of the 27 newcomers on the Forbes annual list of the 400 richest U.S. citizens disclosed this week are from the San Francisco Bay Area, including four in technology, one in biotechnology and one in venture capital. Topping the newcomer list in net worth was Jan Koum, co-founder and... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2014-10-01 00:00:00 UTC ]
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S&S Inks Deal to Make Digital Backlist Available in Scandinavia

Simon & Schuster has partnered with Scandinavian ebook subscription service Mofibo to make its backlist titles available to readers in Denmark and Sweden. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-30 00:00:00 UTC ]
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Authors will fire back at Amazon with calls for a government investigation

If you've been following the protracted war between Amazon and Hachette, you know that Amazon's been stymieing sales of certain books by making it impossible to pre-order them, and pushing back delivery of others all over a ebook contract dispute.... Continue reading at Engadget

[ Engadget | 2014-09-29 00:00:00 UTC ]
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Amazon, Perseus Reach New E-book Deal

According to several sources, the Perseus Books Group has completed negotiations over new ebook terms with Amazon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-26 00:00:00 UTC ]
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Western Great Lakes: Publishers Make the Heartland Vibrant

Some in book publishing may dismiss the region that lies between and fans out from Lake Superior and Lake Michigan’s southern shores as “flyover country.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-26 00:00:00 UTC ]
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Amazon Debuts Kindle Unlimited in the U.K.

Amazon U.K. launched Kindle Unlimited, Amazon’s ebook subscription service, in the U.K. today with a 30 day free trial. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-24 00:00:00 UTC ]
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Amazon brings Kindle Unlimited ebook subscriptions to the UK

Whether we like it or not, Amazon nearly always launches its new products and services in the US first. It happened with its Fire-branded tablets, set-top box and smartphone. The same can be said for its all-you-can-read ebook service, Kindle... Continue reading at Engadget

[ Engadget | 2014-09-24 00:00:00 UTC ]
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What Makes for a Brilliant Book Cover? A Master Explains

If you find yourself in a bookstore, Peter Mendelsund can be hard to avoid. The post What Makes for a Brilliant Book Cover? A Master Explains appeared first on WIRED. Continue reading at Wired

[ Wired | 2014-09-23 00:00:00 UTC ]
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Comic David Mitchell rails at Amazons cynical life-crushing business style

Online giant operates a rapacious near monopoly, the Observer columnist and Peep Show star tells Booksellers conferencePeep Show star David Mitchell blasted the monopolistic, cynical and frankly life-crushing way that Amazon operates to a roomful of booksellers.The comedian was giving the... Continue reading at The Guardian

[ The Guardian | 2014-09-23 00:00:00 UTC ]
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NAIBA 2014: Taking on Amazon

The keynote address, a conversation between Franklin Foer and Andrew Keen, looked at how the mega-retailer has changed the dynamics by turing "the citizen" into "the consumer," and trying to position booksellers as "dinosaurs." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-22 00:00:00 UTC ]
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BA conference: David Mitchell lambasts 'rapacious' Amazon

Comedian David Mitchell has slammed Amazon as "benefit scroungers" in a barnstorming... Continue reading at The Bookseller

[ The Bookseller | 2014-09-22 00:00:00 UTC ]
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Amazon Launching New Crowdsourcing Publishing Program

After rumblings surfaced that Amazon is creating a new crowd-sourcing publishing platform, the e-tailer has confirmed that the new program is "in the works." Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-22 00:00:00 UTC ]
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SIBA 2014: Pietsch, Patterson Dance Around Amazon Dispute

At a Saturday lunch at SIBA's regional fall show, HBG USA CEO Michael Pietsch and bestselling author James Patterson touched lightly on the ongoing negotiations with Amazon and both men thanked indie booksellers for their support. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-20 00:00:00 UTC ]
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The Wall Street Journal’s guide to making great native ads

At the Digiday Publishing Summit, Trevor Fellows, the Journal's global head of advertising sales, outlined five key elements to making that process less "painful." The post The Wall Street Journal’s guide to making great native ads appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-09-19 00:00:00 UTC ]
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4 ways magazines are making video work

For traditional publishers, creating video efficiently without stepping on brand toes is a tricky process. The post 4 ways magazines are making video work appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2014-09-18 00:00:00 UTC ]
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