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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Declining E-Book Sales Hit Home

Softening sales for digital books have impacted the bottom lines at HarperCollins and Simon & Schuster, according to both companies' recent earnings reports. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-06 00:00:00 UTC ]
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A new Irish literary boom: the post-crash stars of fiction

Dynamic, radical, often female … Irish fiction is flourishing. Gone is the conservative writing – all nostalgia and sexual repression – of the Celtic Tiger years. The writers of the new wave are original and bold“Money kills the imagination,” says the narrator of Claire Kilroy’s 2012 novel The... Continue reading at The Guardian

[ The Guardian | 2015-10-17 00:00:00 UTC ]
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Harry Potter novels now available on Apple's iBooks

Apple has announced that enhanced editions of all seven books in J K Rowling’s Harry Potter series are exclusively available on the iBooks store. Until now, the Harry Potter digital books have only been available through the Pottermore Shop. The digital books, which can be read on the iPhone,... Continue reading at The Bookseller

[ The Bookseller | 2015-10-09 00:00:00 UTC ]
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Random House Germany drops hard DRM

German publishers are speedily bidding goodbye to Adobe DRM (Digital Rights Management) on their ebooks. What started as a trickle earlier this year has now become an unstoppable torrent with Random House Germany the latest (and largest) of the major publishing groups to exit hard-DRM. Citing... Continue reading at The Bookseller

[ The Bookseller | 2015-08-20 00:00:00 UTC ]
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PW Asks: Most Millennials Prefer Paper Books

This week, we polled readers on whether Millennials prefer print or digital books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-31 00:00:00 UTC ]
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E-book VAT 'holds back small markets'

Charging VAT on digital books is “holding back the development of the ebook market in general, and especially in non-English and small-language markets”, the International Publishers Association’s (IPA) José Borghino has said. A global survey of VAT rates, conducted by the IPA and the... Continue reading at The Bookseller

[ The Bookseller | 2015-07-21 00:00:00 UTC ]
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Netflix-Like Book Services Would Be Happy if You Read Less

As long as they pay publishers every time a book is read, ebook subscription services are more successful the less people read. The post Netflix-Like Book Services Would Be Happy if You Read Less appeared first on WIRED. Continue reading at Wired

[ Wired | 2015-07-09 00:00:00 UTC ]
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Cote denies class certification in Authors Solutions case

A lawsuit accusing Author Solutions of seeking to make money from authors, rather than for authors, has been denied class certification by a judge in the US. New York-based law firm Giskan Solotaroff Anderson & Stewart filed a class action lawsuit against Author Solutions in New York in... Continue reading at The Bookseller

[ The Bookseller | 2015-07-07 00:00:00 UTC ]
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Facebook steps up competition with YouTube with ad-supported videos

Social network already has 4bn views a day of its native clips, but helping their creators to make money is its next ambitionVideos uploaded directly to Facebook are watched more than 4bn times a day according to the social network. Now it wants their uploaders to be able to make money from... Continue reading at The Guardian

[ The Guardian | 2015-07-02 00:00:00 UTC ]
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New Kindle Paperwhite from Amazon

Amazon has today launched  a new version of the Kindle Paperwhite, which will be available from the end of June. The latest generation of the device includes a new “typesetting engine for more beautiful pages”, an exclusive Kindle font called Bookerly, and “the highest resolution Paperwhite... Continue reading at The Bookseller

[ The Bookseller | 2015-06-18 00:00:00 UTC ]
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VIDEO: India's tough market for booksellers

One of India's most influential publishers tells the BBC that it's 'very hard' to make money in the Indian book industry. Continue reading at BBC World

[ BBC World | 2015-04-24 00:00:00 UTC ]
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New award for children’s digital books

The UK Literacy Association (UKLA) is launching an award for digital ebooks and apps for children aged 6-8. The Digital Book Award, created in association with Booktrust and sponsored by the Open University, is open todigital products that use sounds and visuals to make a children’s experience... Continue reading at The Bookseller

[ The Bookseller | 2015-03-14 00:00:00 UTC ]
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B&N Execs Tout Promise of Retail-Digital Combination

When the spin-off of its college division is completed later this year, Barnes & Noble plans to sell both print and digital books, B&N Inc. CEO Mike Huseby told analysts during a conference call last week to discuss third-quarter results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-13 00:00:00 UTC ]
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Godfray warns on library e-lending

Free e-lending in libraries could cause "serious damage" to the bookselling industry, Booksellers Association (BA) chief Tim Godfray has said. Speaking as part of the Chief Executive Panel at the BA's Academic, Professional and Specialist Conference at Surrey's Wotton House yesterday (11th... Continue reading at The Bookseller

[ The Bookseller | 2015-03-13 00:00:00 UTC ]
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Jewish online magazine starts charging commenters to deter 'offenders'

Tablet says charge of $2 a day is not aimed at making money, but at creating ‘a more pleasant and cultivated environment’ for its readersDealing with “toxic” commenters is a problem faced by many websites – and must be a particular problem for faith-based publishers. US-based Tablet, which... Continue reading at The Guardian

[ The Guardian | 2015-02-10 00:00:00 UTC ]
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Facebook's Mobile Revenue Climbs to $2.5 Billion as Ad Prices Soar

Facebook continues to do what few digital publishers can pull off: Over each of the last five quarters, the social network has been able to boost revenue even as it sells fewer ads.The ability to raise prices has rocketed Facebook's overall revenue to $3.85 billion in the most recent quarter. In... Continue reading at Advertising Age

[ Advertising Age | 2015-01-29 00:00:00 UTC ]
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Bezos admits making 'billion of dollars of failures' at Amazon

Amazon c.e.o. Jeff Bezos has admitted to making “billions of dollars of failures” at the company, and has said it does not matter. Speaking at Business Insider’s Ignition conference, Bezos also addressed the dispute the online retailer had with Hachette Book Group in the US, which has now been... Continue reading at The Bookseller

[ The Bookseller | 2014-12-04 00:00:00 UTC ]
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Cheaper books make for wealthier authors, insists Amazon's Jeff Bezos

'The Kindle is trying to reduce friction for reading a whole book, and it’s working,' Amazon CEO Jeff Bezos said at a conference yesterday. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-12-04 00:00:00 UTC ]
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How content providers can take on piracy in emerging markets -- and win

The recent news that musicians in Europe are making more from Spotify royalties than via iTunes is a big deal for all content producers. It may be a defining moment in the ongoing competition between subscription services and pay-as-you go digital downloads in the West. The same struggle is... Continue reading at Betanews

[ Betanews | 2014-11-25 00:00:00 UTC ]
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Google to Help Publishers Make Money by Blocking Ads

Google, the biggest seller of online ads, has created a way for publishers to make money without ads.Google on Thursday introduced an invitation-only crowdfunding program called Contributor that lets people pay $1 to $3 each month to visit sites devoid of ads. The Onion, Mashable, WikiHow, Urban... Continue reading at Advertising Age

[ Advertising Age | 2014-11-21 00:00:00 UTC ]
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