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'


Amazon Alleges Violations by KDP Authors, Publishers

Amazon has filed arbitration complaints against five individuals who it claims offered services to KDP authors and publishers intended to help them manipulate the reading platform for financial gain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-07 00:00:00 UTC ]
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'Right hand man' pens 'thoroughly revealing portrait' of Murdoch

Scribe UK is to publish The Bootle Boy: An Untidy Life in News by Les Hinton, Rupert Murdoch’s right-hand man for over five decades. Continue reading at The Bookseller

[ The Bookseller | 2017-09-07 00:00:00 UTC ]
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eBay takes on Amazon with launch of new Entertainment Store

eBay has launched a dedicated storefront for entertainment products, including books, as it bids to become “the destination for physical media in the UK”. Continue reading at The Bookseller

[ The Bookseller | 2017-09-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #including books #physical media


Baking and crime make for sweet combination

The successful combination of baking and crime meansa the list of dessert-themed cozy mystery book series now in the baker’s dozens. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2017-09-06 00:00:00 UTC ]
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Amazon's Naggar tells publishers to slash ebook prices

Amazon’s publishing chief David Naggar has said publishers should slash their ebook prices to 99p to sell more books. Continue reading at The Bookseller

[ The Bookseller | 2017-09-06 00:00:00 UTC ]
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The Upstart D.C. Agents Making Waves in New York

This summer, Javelin Literary Agency’s clients have included sought-after Beltway figures like James Comey and Tucker Carlson. So who's next? Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-01 00:00:00 UTC ]
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Finalists for Scottish Teenage Book Prize revealed

Pan Macmillan features alongside children's publishers Curious Fox and Andersen Press in the Scottish Teenage Book Prize shortlist. Continue reading at The Bookseller

[ The Bookseller | 2017-08-31 00:00:00 UTC ]
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Fire Writers, Make Videos Is Latest Web Recipe for Publishers

Mic, a website aimed at millennials, used to employ 40 writers and editors producing articles on topics like "celebrating beauty" and "strong women." Ten were let go this month, with most in the revamped newsroom of 63 now focused on making videos for places like Facebook.Critics have called... Continue reading at Advertising Age

[ Advertising Age | 2017-08-30 00:00:00 UTC ]
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Amazon Opens Latest NYC Store at 34th Street

At the opening of its 11th bricks and mortar bookstore this morning, which is located across the street from the Empire State Building in New York City, Amazon said it will be continuing to open a number of new stores in 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-29 00:00:00 UTC ]
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A 'Hamilton' backlash? Why none of that matters with this history-making tour

Jumping on bandwagons is my least favorite activity. Don't force me to tell you all the must-see movies I've skipped ("Forrest Gump" is all you'll get out of me), the No. 1 best-sellers I've bypassed (I discovered the world of "Harry Potter" only after it became a play) or the platinum records... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-08-26 00:00:00 UTC ]
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Amazon slashes Whole Foods prices; supermarket shares plummet

Online retailer Amazon is to slash prices at US supermarket chain Whole Foods Market Inc in a move which could threaten supermarket rivals. Continue reading at The Bookseller

[ The Bookseller | 2017-08-26 00:00:00 UTC ]
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China's CPG goes public, reveals failed UK acquisition attempt

Chinese publishing giant the China Publishing Group (CPG) has realised an eight-year ambition and taken its publishing wing public on the Shanghai Stock Exchange. Continue reading at The Bookseller

[ The Bookseller | 2017-08-25 00:00:00 UTC ]
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Young winners of BookTrust Pictures First competition revealed

Six children have been revealed as winners of BookTrust’s Pictures First competition with authors such as John Agard and Geek Girl author Holly Smale writing poems and stories to accompany the images. Continue reading at The Bookseller

[ The Bookseller | 2017-08-23 00:00:00 UTC ]
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How One Publisher Is Using Data to Make Insanely Viral Facebook Videos for Millennial Moms

This spring, Blossom posted a Facebook video that began with an image of women's underwear and featured seven tidy hacks for organizing your clothes. The post racked up a staggering 382 million views and nearly 12 million shares, making it the most viral video in Facebook history, according to... Continue reading at AdWeek

[ AdWeek | 2017-08-21 00:00:00 UTC ]
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The ‘New York Times’ Books Desk Will Make You Read Again

Its chief critic took a buy-out. It's consolidating like crazy. But the Gray Lady's books team is neither flailing nor failing. Here's what it is doing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-20 00:00:00 UTC ]
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Trump tweet causes Amazon's stock to fall $5bn

Amazon had $5bn (£3.8bn) wiped off its stock market valuation after the US president Donald Trump hit out at the e-commerce giant for doing “great damage to tax paying retailers” in a tweet. Continue reading at The Bookseller

[ The Bookseller | 2017-08-18 00:00:00 UTC ]
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Amazon rejects advertisement for Kapiti author's book for being 'too provocative'

Amazon has rejected a Kiwi author's advertisement for her debut novel, stating the cover and content is too provocative. Continue reading at Stuff

[ Stuff | 2017-08-17 00:00:00 UTC ]
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More, More, More: Winning the Race to Make Enough Content

Credit: Illustration by Mary Ellen Forte/Ad AgeTwenty years ago, "content" was something we paid for, and so we savored it. We'd take time to flip through the magazine for which we had just paid $4.00.Today, content is increasingly free, thanks to cheap content-creation tools, like Android and... Continue reading at Advertising Age

[ Advertising Age | 2017-08-15 00:00:00 UTC ]
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Amazon plans Prime Video shows with ‘Walking Dead’ creator

It looks like we're not finished with deals between comic book creators and online movie studios. Hot on the heels of Netflix announcing its acquisition of Mark Millar's comic book empire Millarworld comes news from Amazon. The company now has a firs... Continue reading at Engadget

[ Engadget | 2017-08-11 00:00:00 UTC ]
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Amazon UK Services sales soar but corporation tax payments halve

Turnover at Amazon's UK Services arm soared past £1bn for the first time in 2016, accounts filed on Companies House have revealed. Continue reading at The Bookseller

[ The Bookseller | 2017-08-10 00:00:00 UTC ]
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