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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Amazon: EC considers new law to tackle unfair online trading practices

The European Commission is considering a new law to deal with unfair trading practices after deciding further action is necessary to promote fairness and responsibility of online platforms such as Amazon. Continue reading at The Bookseller

[ The Bookseller | 2017-05-11 00:00:00 UTC ]
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New Amazon Buy Button Program Draws Ire of Publishers, Authors

Industry members claim the program, which allows third-party re-sellers to win the main buy button on book pages, has the potential to "decimate authors' and publishers' earnings," especially on backlist books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-09 00:00:00 UTC ]
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Authors Guild Joins Warnings on Amazon’s Buy-Button Book Sales Policy

Authors' and publishers' groups are protesting a change in Amazon's third-party sales policy. The retailer says it's in line with 'the rest of Amazon.' The post Authors Guild Joins Warnings on Amazon’s Buy-Button Book Sales Policy appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-05-09 00:00:00 UTC ]
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'Evening Standard' makes claims for new PRH office location

The London Evening Standard has claimed that Penguin Random House UK is “eyeing plush new offices in Nine Elms” in the Southbank regeneration area in London SW8. Continue reading at The Bookseller

[ The Bookseller | 2017-05-06 00:00:00 UTC ]
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Amazon to open new Cambridge development centre

Amazon is opening a new development centre in Cambridge this autumn and recruiting "extensively" for highly-skilled people in the area. Continue reading at The Bookseller

[ The Bookseller | 2017-05-05 00:00:00 UTC ]
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Amazon will no longer strong arm ebook publishers in Europe

The European Commission has accepted Amazon's changes to how it sells its ebooks. Following a 2015 investigation over the retailer's anti-competitive behaviour, Amazon said back in January that it would change its ebook contracts, removing clauses t... Continue reading at Engadget

[ Engadget | 2017-05-04 00:00:00 UTC ]
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Tory MP makes 'discrimination' complaint over Jhalak Prize

Conservative MP Philip Davies complained to the Equality and Human Rights Commission (EHRC) that the Jhalak Prize unlawfully discriminated against white people, it has emerged. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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Batsford Prize reveals shortlists

The student shortlistees for the fifth Batsford Prize have been announced today, with 28 undergraduates and postgraduates at UK institutions contesting awards for Applied/Fine Art, Fashion, Illustration and, new for this year, Children’s Illustration. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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Amazon profits up 40% in first quarter

Amazon has reported its eighth profitable quarter, with profit up 40%, to $724m (£560.8m) in the first three months of the year. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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Declan Murphy and Ami Rao | a story two decades in the making

Champion jockey Declan Murphy wasn’t expected to survive a horrific riding accident in 1994 - let alone live to tell the tale, in conjunction with writer Ami Rao. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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Amazon to create 1,200 new jobs with new Warrington fulfilment centre

Amazon is creating 1,200 new permanent jobs with the opening of a new fulfilment centre in Warrington. Continue reading at The Bookseller

[ The Bookseller | 2017-04-28 00:00:00 UTC ]
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Lotinga urges government to support success as PA stats reveal record 2016

The industry’s earnings hit a new high in 2016, according to the PA Publishing Yearbook 2016.  Continue reading at The Bookseller

[ The Bookseller | 2017-04-28 00:00:00 UTC ]
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Make it your hone: the ebook that you are forced to edit as you read

On each page of A Universe Explodes by Tea Uglow, owners are required to add one word and remove two – which amounts to an odd reading experienceIt opens with a woman reaching up for a cereal bowl and closes with a new beginning – or at least it does for the moment. By the time you get to read... Continue reading at The Guardian

[ The Guardian | 2017-04-28 00:00:00 UTC ]
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Indie bookshops praised as IBW Book Award shortlist revealed

Independent bookshops have been praised by authors as “oases of intellectual and physical comfort” as the Independent Bookshop Week Book Award nominees have been released. Continue reading at The Bookseller

[ The Bookseller | 2017-04-28 00:00:00 UTC ]
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Revenue From Retail Products Up, in Q1, at Amazon

Sales of retail products at Amazon rose 15% in the first quarter of 2017 over the comparable period last year. Among the many items sold in the sector are print and digital books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-27 00:00:00 UTC ]
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Granta reveals its Best of Young US Novelists 2017

Boston-born author Ottessa Moshfegh, debut novelist Yaa Gyasi and Emma Cline are among the names to feature on the 2017 Granta Best of Young American Novelists list. Continue reading at The Bookseller

[ The Bookseller | 2017-04-27 00:00:00 UTC ]
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'Wonderfully diverse' Russian Book Prize shortlist revealed

A "wonderfully diverse" set of book have been shortlisted for the Pushkin House Russian Book Prize, spanning palaces and prisons, painting and politics, Petersburg and the provinces. Continue reading at The Bookseller

[ The Bookseller | 2017-04-26 00:00:00 UTC ]
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HMH Makes Another Round of Layoffs

Houghton Mifflin Harcourt ramped up its cost cutting initiatives yesterday, laying off approximately 20 people in its trade division. The company would not comment on the number of job cuts, but admitted that "organizational changes" had been made. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-25 00:00:00 UTC ]
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Quartet of UK Jerusalem fellows revealed

Four candidates from the British book trade have been selected to participate in the 2017 Jerusalem International Bookfair Zev Birger (JIBF) fellowship programme, which takes place in June. Continue reading at The Bookseller

[ The Bookseller | 2017-04-24 00:00:00 UTC ]
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BISG's Making Information Pay Highlights Print, Audiobook Resurgence

At the Book Industry Study Group's Making Information Pay conference NPD BookScan revealed that in 2016 hardcovers outsold ebooks for the first time in five years, while audiobooks now account for $1.77 billion in sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-04-24 00:00:00 UTC ]
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