Massive Cyberattacks Dramatically Hurt Revenues for All Kinds of Internet Players

Heather Daniels owns a small business, Lyon's Prints, that she has run primarily on Etsy since 2014. Etsy was among the websites that fell victim to three waves of cyberattacks that lasted hours and rocked the web on Friday, also affecting Twitter, Pinterest, The New York Times, The Boston Globe, Reddit, Spotify and many others.  Underscoring how all kinds of players were negatively impacted, Daniels said she only received two orders on Friday, when she normally gets around 35.  "The only reason that I was able to receive those [two] orders was because they came from Canada … and they were not affected by that internet provider," Daniels said.   The outages were caused by a distributed denial-of-service—or DDoS—attack on web-domain provider Dyn. It all started in the morning, when a slew of digital publishers and other ecommerce players were hit by the cyberattack, causing their sites in some parts of the U.S.—chiefly on the East Coast and in Southern California—to go out, a problem that lingered into the late afternoon.  "I am self-employed, so losing an entire day of pay is financially devastating for me," Daniels said. "One of my customers ordered something that she needed to have printed [on Friday] for a party [on Saturday], and I was not able to get it to her." A handful of marketers' comments below Adweek's posting of its cyberattacks story on Facebook tell a tale of ecommerce players losing sales, business-to-business players not getting leads, research... Continue reading at 'AdWeek'

[ AdWeek | 2016-10-23 00:00:00 UTC ]

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Book revenues decline in Wiley third quarter

2014 acquisitions Profiles International and Crossknowledge helped John Wiley & Sons to a third quarter revenue rise of 5% on a constant currency basis (2% including the impact of foreign exchange), at $465m. However, the company said organic revenue – excluding the impact of the buys - was... Continue reading at The Bookseller

[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Redmayne: Far East tech players could 'disrupt' industry

HarperCollins c.e.o. Charlie Redmayne has told the Scottish Book Trade conference that Amazon's focus on driving up margins will be "a particular challenge for publishers this year", but that major Asian players such as AliBaba and TenCent could be on their way to disrupt "the great disruptor". Continue reading at The Bookseller

[ The Bookseller | 2015-02-25 00:00:00 UTC ]
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Will Amazon Prime Now Hurt Manhattan Bookstores?

Amazon has made its Prime Now one-hour delivery service available in Manhattan, and the service includes books. How will it impact B&N and other bookstores? The post Will Amazon Prime Now Hurt Manhattan Bookstores? appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-02-24 00:00:00 UTC ]
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Bertelsmann to 'massively expand in Brazil, China and India

Bertelsmann is to “step up” its investments in the education and digital media sectors in Brazil, China and India. The company will also look to expand its existing activities in the areas of TV production, books, magazines and services in the three countries. Continue reading at The Bookseller

[ The Bookseller | 2015-02-13 00:00:00 UTC ]
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The great internet swindle: ever get the feeling you've been cheated?

The internet was meant to liberate and empower its users. But the real effect has been to create vast monopolies and turn us into victims, argues web sceptic Andrew Keen in his controversial new book The Internet is Not the AnswerDuring every minute of every day of 2014, according to Andrew... Continue reading at The Guardian

[ The Guardian | 2015-02-10 00:00:00 UTC ]
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Thrillist CEO Ben Lerer: Publishers Must Find Revenue Sources Beyond Advertising

For Thrillist, remnant advertising is non-existent and ads aren't sold programmatically. Instead, the digital publisher embraced ecommerce. That business is now three times the size of its ad business. Continue reading at AdAge.com Continue reading at Advertising Age

[ Advertising Age | 2015-02-10 00:00:00 UTC ]
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'PW' Panel Looks at 'The Internet of Books'

The panel, “The Bookternet: Building Communities Online,” examined the ways that online book culture has transformed the book industry, offering both opportunities and pitfalls for publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-10 00:00:00 UTC ]
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Lee 'extremely hurt' by book claims

To Kill a Mockingbird author Harper Lee is "extremely hurt" by claims she was pressured into releasing a "lost" novel, according to her lawyer. Continue reading at BBC News

[ BBC News | 2015-02-09 00:00:00 UTC ]
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News Corp newspaper revenue falls 6% as ads and subscribers go online

Newspaper revenue in the UK, the US and Australia is down despite a rise in the company’s overall revenue thanks to book publishing and real estate divisionsDeclining sales, advertising and subscriptions hurt revenues at Rupert Murdoch’s newspaper business in the final quarter of last year, News... Continue reading at The Guardian

[ The Guardian | 2015-02-06 00:00:00 UTC ]
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Postmedia Drives Advertising Revenue with Video Partnership

Video consumption continues to accelerate, and traditional publishers need to keep an eye on this ever-continuing burgeoning market.  Video ad revenue is expected to jump again by 26.1% in 2015 after an approximate expenditure of C$145 million ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-01-30 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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New Fantasy Writers and Internet-Haters Dominate Our Favorite Books This Month

While January can suffer from a post-holiday publication lull, it's a great time room for cooler, less conventional reads. The post New Fantasy Writers and Internet-Haters Dominate Our Favorite Books This Month appeared first on WIRED. Continue reading at Wired

[ Wired | 2015-01-29 00:00:00 UTC ]
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‘Print Still 90pc of Revenue’ Says Daily News Chief

A publishing group’s managing editor has said 90pc of revenue made by its flagship title comes from print.    Tom Thomson, managing editor of the Herald & Times group, made the claim about Glasgow daily The Herald while speaki ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-01-16 00:00:00 UTC ]
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Scholastic second quarter revenues up 7%

Scholastic Corporation said it increased revenues 7% to $665.6m (£426m) during the fiscal 2015 second quarter, which ended on the 30th November. The increase was largely down to strong sales in children’s books but there were gains in most divisions, including trade, clubs, fairs and classroom... Continue reading at The Bookseller

[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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5% uplift for US publisher revenues

US publishers have reported a sales revenues rise of nearly 5% across 2014, mainly fuelled by the success of children's and young adult. Figures released by the Association of American Publishers (AAP), covering the first nine months of the year, show that across publishing as a whole,... Continue reading at The Bookseller

[ The Bookseller | 2014-12-17 00:00:00 UTC ]
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Massive cutbacks proposed at Library of Birmingham

More than half the staff at the flagship Library of Birmingham will lose their jobs, while opening hours are slashed, under new money-saving plans proposed by Birmingham City Council. The £183m library opened to great acclaim in September 2013, but new plans will see 100 of the libraries 188... Continue reading at The Bookseller

[ The Bookseller | 2014-12-11 00:00:00 UTC ]
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Wiley half-year revenue up 5%

John Wiley & Sons has reported a 6% rise year-on-year in second quarter revenue to $477m, due to growth in its Research and Education divisions, up 5% and 3% respectively, as well as to contributions from its recent acquisitions CrossKnowledge and Profiles International. Continue reading at The Bookseller

[ The Bookseller | 2014-12-11 00:00:00 UTC ]
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China closing in on Silicon Valley as home of internet giants, research shows

Tencent and Baidu are only non-US digital media companies in top 10 by revenue, but country has four of top 10 fastest-growing firms, report saysChina is eroding Silicon Valley’s pre-eminent position as the home of the world’s largest internet businesses, with two companies making the top 10 by... Continue reading at The Guardian

[ The Guardian | 2014-12-08 00:00:00 UTC ]
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PressReader Reveals Massive Global Network of Partners

Over 5,600 hotels, libraries, cafés and cruise lines are now sponsoring PressReader HotSpots in their locations, offering guests 3,500 newspapers and magazines.   To find the nearest PressReader HotSpot, please visit pressreader.com ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-12-05 00:00:00 UTC ]
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Thanksgiving weekend was kind to some independent bookstores

Overall, Black Friday sales are said to have dropped this year, but some independent bookstores reported strong sales on Friday and Saturday of the holiday weekend, even as they celebrated the Indies First bookstore initiative. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-12-02 00:00:00 UTC ]
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