The ebook is still central to B&N's strategy, but it's not selling. Barnes & Noble revealed disappointing third quarter finances this morning, including a serious decline in revenues from its Nook digital e-readers. Overall revenues were $2.2 billion, down 8.8% year on year, and its earnings were just $55 million, down 63$ on 2012. Nook division revenues were down 26% on the same quarter for 2012, with the slippage coming from sales of the e-reader devices themselves--digital content sales actually rose by 6.8%, but not enough to cover the dip in device sales. CEO William Lynch is reported as saying his company remains "committed" to the Nook, and is actively trying to reduce costs in this division of the firm in order to make it more profitable. In January the company revealed it is planning to slowly reduce the number of high street stores it operates, but that this is a considered long-term move.Read Full Story Continue reading at 'Fast Company'
[ Fast Company | 2013-02-28 00:00:00 UTC ]
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New books from Jamie Snyder, Susan Jacoby, and Jessa Crispin are among the big religion and spirituality titles publishing in February. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-27 00:00:00 UTC ]
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Unit sales were up by 1%, according to BookNet Canada, while ebook sales remained at the same level they reached in 2013. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-21 00:00:00 UTC ]
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Bestselling novelist Julian Barnes talks to Cathy Rentzenbrink about The Noise of Time, his first novel since his Man Booker Prize triumph. Continue reading at The Bookseller
[ The Bookseller | 2016-01-16 00:00:00 UTC ]
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Tough conditions in UK libraries and international markets led Connect Books’ total revenue to decline by 0.8% in the last quarter, however sales were up 1.2% on a like-for-like basis. Continue reading at The Bookseller
[ The Bookseller | 2016-01-14 00:00:00 UTC ]
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Advertising decreases cause a £2m quarterly loss for Postmedia NetworkCanada’s largest newspaper publisher, Postmedia Network, is instituting a programme of cost-cutting. Why? The sobering figures tell the story.Revenue for the quarter that ended on 30 November 2015 showed a 13.1% decrease on... Continue reading at The Guardian
[ The Guardian | 2016-01-14 00:00:00 UTC ]
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"There is a neat parallel between the best way to design a systems landscape, and the best way to design a network of people." All ears? Me, too. Continue reading at The Bookseller
[ The Bookseller | 2016-01-14 00:00:00 UTC ]
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After a slow start to Germany’s holiday book sales in 2015, shopping picked up during December and bookstores managed to finish slightly ahead. The post Germany: Strong Finish for Holiday Book Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-01-12 00:00:00 UTC ]
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Chris Hughes' ownership of The New Republic looks like it will come to an end.The Facebook co-founder, in a staff memo later published on Medium, announced that he is seeking a new owner for the magazine, which he acquired in 2012."After investing a great deal of time, energy, and over $20... Continue reading at Advertising Age
[ Advertising Age | 2016-01-11 00:00:00 UTC ]
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Independent bookshops have reported robust Christmas trading, with 72% saying sales increased on last year, reflecting a buoyant market for indie bookshops amid the best Christmas for physical book sales in five years. Continue reading at The Bookseller
[ The Bookseller | 2016-01-08 00:00:00 UTC ]
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The Bookseller reports a jump in the average price of books in the UK last year, as well as a boost in print book sales — especially at indie bookstores. The post UK Print Book Sales Pop in 2015, Indie Bookshops Get a Boost appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-01-08 00:00:00 UTC ]
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Comparable store sales rose 0.6% at Barnes & Noble over the nine-week holiday period that ended January 2, 2016. Excluding sales of Nook products, comp sales were up 1.6%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-07 00:00:00 UTC ]
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Blackwell’s continued the success of other brick and mortar retailers this Christmas, reporting a 3.1% like-for-like increase in sales over the festive period. Continue reading at The Bookseller
[ The Bookseller | 2016-01-07 00:00:00 UTC ]
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Otto Bookstore in Williamsport, Pa., one of the oldest continuously operating bookstores in the U.S., is on the market. Owner Betsy Rider, age 81, is ready to retire. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-05 00:00:00 UTC ]
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Unit sales of print books from outlets that report to Nielsen BookScan increased 2.8% in 2015 over 2014, marking the second consecutive year that print units posted annual gains. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-01 00:00:00 UTC ]
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The 2015 print bestseller list was topped, not surprisingly, by Harper Lee’s first new book in 55 years, "Go Set a Watchman," which was announced in February and went on sale in July. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-01-01 00:00:00 UTC ]
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"These are things all professional writers should be paying attention to," writes Emma Barnes in the address she made at our inaugural Author Day. "Not just the words, but the way you work." Predictably, Barnes' comments were challenging for some. A certain proportion of attendees at any... Continue reading at The Bookseller
[ The Bookseller | 2015-12-30 00:00:00 UTC ]
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Memphis Grizzlies forward Matt Barnes was suspended for two games without pay by the NBA on Monday for his physical altercation with New York Knicks Coach Derek Fisher in October. Barnes confronted former Lakers teammate Fisher on Oct. 3 in Redondo Beach, the league announced in a release. The... Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-12-28 00:00:00 UTC ]
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E-book sales have remained stagnant in 2015. But print book sales are up, and Harper Lee's latest novel and adult coloring books are the big winners. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2015-12-23 00:00:00 UTC ]
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Scholastic Inc has reported a drop in earnings of 1.5% for the second quarter of 2016, although its UK market grew in local currency terms. Continue reading at The Bookseller
[ The Bookseller | 2015-12-19 00:00:00 UTC ]
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The biggest revenue upsides are coming from a variety of sources. Guess which one isn’t on the list. The post The Highest-Growth Revenue Streams for Magazine Media in 2015 appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2015-12-18 00:00:00 UTC ]
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