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

Other Publishing stories related to: 'Jeff Bezos Reveals Amazon Makes No Dough On Its Hardware'

With Washington Post, Jeffrey Bezos has chance to overhaul newspapers

Jeffrey Bezos buys the Washington Post for $250 million. The Amazon founder is known as a patient leader who is willing to absorb losses as he builds businesses.Amazon.com founder Jeffrey Bezos, who revolutionized the book business, is now aiming to do the same with one of the nation's most... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-08-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon founder #overhaul newspapers #$250 million #book business

Amazon's Marneur acquires Mel Sherratt

Amazon Publishing senior acquisitions editor Emily Marneur has made her first two acquisitions... Continue reading at The Bookseller

[ The Bookseller | 2013-08-06 00:00:00 UTC ]
More news stories like this |

Fresh workforce controversy for Amazon

Amazon has faced fresh allegations about its treatment of workers after an investigation of... Continue reading at The Bookseller

[ The Bookseller | 2013-08-02 00:00:00 UTC ]
More news stories like this |

Does Copyright Make Books Disappear?

A report from the University of Illinois shows that copyright laws have squashed the market for books from the middle of the 20th century. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #copyright laws #20th century

Amazon jobs are 'a great example of what's possible,' says Obama as more indie booksellers object

President Obama appeared as scheduled at a Chattanooga, Tenn., Amazon warehouse and praised the business, causing even more independent booksellers to express their displeasure with his endorsement. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-08-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon warehouse #independent booksellers

Nook and Amazon in 99p frontlist offer

A Nook promotion of "Hot Summer Books" is selling ebooks of frontlist titles from... Continue reading at The Bookseller

[ The Bookseller | 2013-07-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #selling ebooks #frontlist titles

Are Overstock.com and Amazon in a price war?

Overstock.com is offering 'tens of thousands' of books at '10 percent off Amazon's book prices.' Now Amazon has reduced the prices of many of its bestsellers by as much as 50 to 65 percent. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book prices #price war

Obama's embrace of Amazon dismays many booksellers

President Obama will highlight Amazon as 'a perfect example of the company that is investing in American workers and creating good, high-wage jobs,' according to the White House. Independent booksellers aren't pleased. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #president obama #white house

Obama appearance at Amazon warehouse angers booksellers

President Obama has angered the American Booksellers Assn. with a planned appearance Tuesday at an Amazon warehouse.President Obama, who faithfully shops at independent bookstores when given the chance, has angered the American Booksellers Assn. with a planned appearance Tuesday at an Amazon... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #president obama #amazon warehouse #independent bookstores

Are Amazon's new book discounts a 'declaration of war'?

The online bookseller had dropped prices on some of its top-selling hardcovers, as much as 64% off retail.Bargain book shoppers must have been pleased looking at Amazon's bestseller list this weekend: The online bookseller had dropped prices on some of its top-selling hardcovers, as much as 64%... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book discounts #online bookseller #bestseller list

The Bible makes Revenge look credible

Can a blockbuster based on the Good Book pull off a miracle? Not when it's up against giant sharks . . Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2013-07-26 00:00:00 UTC ]
More news stories like this |

Amazon hikes sales, but posts $7m loss in second quarter

Amazon posted a surprise loss of $7m (or £4.56m) in its second quarter, despite achieving a... Continue reading at The Bookseller

[ The Bookseller | 2013-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amazon posted

Amazon's Kindle Singles will include interviews with 'iconic figures'

Amazon's Kindle Singles will feature interviews with some of the world's biggest names as part of their Kindle Singles store. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle singles #iconic figures #biggest names

Making Yourself Mobile

It’s not news that mobile has become a strategic imperative for publishers. Smartphone ownership has now crossed the 50-percent mark in the U.S., according to the Pew Research Center, while mobile users are reporting significantly higher content consumption levels across the board. But... Continue reading at Folio Magazine

[ Folio Magazine | 2013-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mobile users

VIDEO: How to Make the Perfect Comic Book TV Show

As the nation's geeks and nerds pack away their spandex and cardboard cosplay costumes (until October's New York Comic-Con of course) staff writer and office comic book aficionado Sam Thielman explains who should be TV's next smash hit superheroes. Continue reading at AdWeek

[ AdWeek | 2013-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #york comic-con #staff writer

Amazon Kicks Off 'Kindle Singles Interview' Series

Expanding the range of its Kindle Singles offerings, Amazon has kicked off an interview series on the e-reader. The first installment of "The Kindle Singles Interview" series features Israeli President Shimon Peres, who was interviewed by Tablet magazine's literary editor, David Samuels. Amazon... Continue reading at AdWeek

[ AdWeek | 2013-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #established authors

Digital Drives Amazon Second Quarter Sales

Total revenue at Amazon rose 22% in the second quarter ended June 30, to $15.70 billion, while operating income fell 26%, to $79 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter sales #total revenue #$79 million