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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Thanksgiving weekend was kind to some independent bookstores (+video)

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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The Leading Players in the Amazon-Hachette Dispute: Notables of 2014

The dispute over ebook terms between Amazon and Hachette Book Group USA generated headlines around the world when the e-tailer stopped accepting preorders on HBG titles and delayed shipments on some print titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-28 00:00:00 UTC ]
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FastPencil Hurts Courier's Earnings in Fiscal 2014

Courier Corp. finished the fiscal year ended September 27, 2014 with a 5% increase in sales, to $283.3 million, although net income fell to $7.8 million from $11.2 million in fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-11-20 00:00:00 UTC ]
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Buzasi at FutureBook: 'chase audiences not revenues'

In the digital age companies should chase audiences rather than revenues, Carla Buzasi, global c.e.o. of WGSN, told the FutureBook conference today (14th November). Speaking about her former role as founding editor of The Huffington Post, Buzasi said: “I didn’t have to think about print [versus... Continue reading at The Bookseller

[ The Bookseller | 2014-11-15 00:00:00 UTC ]
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Bertelsmann revenues 'highest for seven years'

Bertelsmann has reported its highest revenues in seven years, at €11.82bn for the first nine months of 2014, up 4.3% year-on-year from €11.33bn, with the formation of Penguin Random House among factors contributing "significantly" to the increase. Operating EBITDA was €1.48bn to the end of... Continue reading at The Bookseller

[ The Bookseller | 2014-11-14 00:00:00 UTC ]
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Scribd Rolls Out the Internet’s First All-You-Can-Listen Audiobooks Service

The rise of the Subscription Economy continues. Little more than a year after launching its all-you-can-read ebook service, the San Francisco startup Scribd has announced that the service now offers more than 30,000 audiobooks, including titles from big-name publishing houses HarperCollins and... Continue reading at Wired

[ Wired | 2014-11-06 00:00:00 UTC ]
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Tribune Publishing Hires Michael Rooney as Chief Revenue Officer

Tribune Publishing, which owns 10 daily newspapers including the Los Angeles Times and the Chicago Tribune, has hired Michael Rooney as executive VP-chief revenue officer, the company plans to announce Monday. Mr. Rooney, who was chief revenue officer at The Wall Street Journal until last year,... Continue reading at Advertising Age

[ Advertising Age | 2014-11-03 00:00:00 UTC ]
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Reed Elsevier revenue grows by 4%

Underlying revenue at Reed Elsevier increased 4% over the first nine months of the year, although print book sales declined.   The information company released an interim management statement yesterday (24th October) saying that although revenues in the scientific, technical and medial... Continue reading at The Bookseller

[ The Bookseller | 2014-10-25 00:00:00 UTC ]
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First-half revenue and profit fall at Bloomsbury

Bloomsbury has seen a fall in revenue and profits for the first half of 2014, with the adult publishing division down following a strong performance in the previous year. For the six months ending 31st August 2014, the publisher had turnover of £46.6m, down 5% from £49.2m in the same period in... Continue reading at The Bookseller

[ The Bookseller | 2014-10-24 00:00:00 UTC ]
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Google, Facebook continue massive lobbying efforts in Q3

Google and Facebook continued to pour millions of dollars into federal political lobbying in the third quarter in attempts to influence U.S. lawmakers and have legislation written in their favor.Google spent US$3.94 million between July and September while Facebook spent $2.45 million, according... Continue reading at PC World

[ PC World | 2014-10-22 00:00:00 UTC ]
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UK Tops in Titles Published Per Capita and Export Revenue

The International Publishing Association released data indicated the UK lead the world in new titles published per capita and export revenue in 2013. The post UK Tops in Titles Published Per Capita and Export Revenue appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-10-22 00:00:00 UTC ]
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Amazon and Simon & Schuster reach a deal on internet book sales

Amazon just found a way to put further pressure on Hachette in its ongoing pricing war: strike a deal with another publisher. The online retailer has forged a new agreement with Simon & Schuster that will keep the book giant's digital and physical... Continue reading at Engadget

[ Engadget | 2014-10-21 00:00:00 UTC ]
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Influential Krugman says Amazon 'hurts America'

Prominent New York Times columnist Paul Krugman has criticized Amazon for using its power in ways that “hurt America”. The Nobel Prize-winning economist, who has been described as The Times’ “most heralded” columnist, used a piece in the newspaper yesterday (19th October) to argue that Amazon... Continue reading at The Bookseller

[ The Bookseller | 2014-10-21 00:00:00 UTC ]
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Spiritualism and the Death of the Hero in the Internet Age

Frankfurt Book Fair StoryDrive speaker and Swedish provocateur, Alexander Bard, argues that the internet is engendering a new collective spirituality. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-09-25 00:00:00 UTC ]
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AAP records 3.9% revenue rise to May 2014

Growth of 3.9% in net revenue for the overall trade publishing sector in the US for the first... Continue reading at The Bookseller

[ The Bookseller | 2014-09-19 00:00:00 UTC ]
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Top Shelf Kicks Off 'Massive' Sale

For the next two weeks until September 26, more than 180 Top Shelf print and digital titles will be offered for as much as 50% off and many more will be priced at $10 or less. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-09-10 00:00:00 UTC ]
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PRH first-half revenues at €1.5bn

Penguin Random House worldwide generated revenues of €1.5bn (£1.2bn) in the six months... Continue reading at The Bookseller

[ The Bookseller | 2014-08-29 00:00:00 UTC ]
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Quarto in revenue and profits drop

Illustrated book publisher Quarto has seen a fall in revenue and profits after what it described... Continue reading at The Bookseller

[ The Bookseller | 2014-08-12 00:00:00 UTC ]
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Publishing Technology revenues drop in second quarter

Publishing Technology’s profit and revenue have been significantly hit in the second... Continue reading at The Bookseller

[ The Bookseller | 2014-08-06 00:00:00 UTC ]
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Time Inc.'s Digital Ad Revenue Climbs 12% in Its First Solo Quarter

Second-quarter advertising revenue at Time Inc., the nation's largest magazine publisher, increased 3% compared to the second quarter of 2013, the company said Tuesday in its first quarterly earnings announcement since spinning off from Time Warner in June. Growth was driven partly by a 12%... Continue reading at Advertising Age

[ Advertising Age | 2014-08-05 00:00:00 UTC ]
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