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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Cengage Learning reported sales of $1.71 billion in the fiscal year ended March 31, 2015, down 2.2% from fiscal 2014 and earnings declined 4.7%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-17 00:00:00 UTC ]
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Ronald Schild of Germany's MVB discusses how research shows simple metadata fixes, like putting the language of a book in your metadata, can double sales. The post How A Simple Metadata Fix Can Double Book Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-06-17 00:00:00 UTC ]
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Although marketers continue to shift print budgets to digital media, most magazine companies still generate the bulk of their revenue from selling print ads. About 20% of Time Inc.'s ad revenue, for instance, comes from selling digital ads. But industrywide the shift from paper is underway, with... Continue reading at Advertising Age
[ Advertising Age | 2015-06-17 00:00:00 UTC ]
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Amazon has signed new long-term sales agreements with Penguin Random House in both the U.S and U.K. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-17 00:00:00 UTC ]
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The German Bookseller and Publishers Association presents statistics for the German book market 2014. Sales are up in nonfiction and at physical bookstores. The post German Book Market 2014: Nonfiction Up, Overall Sales Down appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-06-17 00:00:00 UTC ]
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Penguin Random House's new OMG Shakespeare series “takes the Bard’s original prose and replaces it with slang, text speak, and emoticons.” OMG, indeed. The post Poor Shakespeare: PRH Publishes Bard’s Plays in Emojis appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-06-17 00:00:00 UTC ]
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Simon & Schuster UK has changed the structure of its sales team, merging its adult and children's teams. The sales structure will now be split into two divisions, with one focusing on bookshop, online and digital sales, and the other targeting mass market and special sales. As part of the... Continue reading at The Bookseller
[ The Bookseller | 2015-06-16 00:00:00 UTC ]
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Egmont Book Publishing has reported soaring sales and profits at Egmont UK, thanks partly to the success of Minecraft. Continue reading at The Bookseller
[ The Bookseller | 2015-06-16 00:00:00 UTC ]
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Seeing a boom in YA book sales, Argentine publishers are now chasing global trends and marketing to a younger demographic to help boost prospects. The post Argentine Publishers Chase YA Book Sales Boom appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2015-06-16 00:00:00 UTC ]
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Simon & Schuster UK has announced a new sales structure, bringing together the adult and children's teams while creating two divisions organized by channels. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-16 00:00:00 UTC ]
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Bookstore sales rose 0.6% in April over April 2014, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-15 00:00:00 UTC ]
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Last week, the Association of American Publishers released its final sales estimates for 2014, putting a wrap on industry data for the year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-12 00:00:00 UTC ]
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I started the year with a problem: small news organizations don’t have enough time to keep their digital publishing and ad sales practices up to date. This is how I started to develop a solution. At the end of January 2015, I b ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-06-11 00:00:00 UTC ]
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Just as it has for airlines, yield management -- controlling inventory availability in a way that affects prices and maximizes revenue -- will significantly improve revenue for online publishers. A unified yield management platform will give publishers a unified marketplace in which all buyers... Continue reading at Digiday
[ Digiday | 2015-06-10 00:00:00 UTC ]
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I spent this past weekend in Philadelphia at the Local Independent Online News Publishers conference with local journalists and publishers from around the United States. Speakers discussed everything from online audience trends, revenue generation id ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-06-10 00:00:00 UTC ]
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Total sales in the U.S. book publishing industry rose to $27.98 billion, according to figures released by the Association of American Publishers. Trade sales were up 4.2%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-10 00:00:00 UTC ]
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Sales of periodical comics and graphic novels may not have been as robust throughout 2014 as they were in recent years, but an exceptional holiday shopping season ended the year on a high note for comics retailers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-05 00:00:00 UTC ]
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Sales of adult books dropped 7.2% in February compared to February 2014, while sales in the children/young adult category fell 32.1%, according to AAP figures. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-06-05 00:00:00 UTC ]
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Nielsen is in the testing stage to develop a festival sales channel to record sales from Hay and Edinburgh Literary Festivals. The information company has been liaising with Hay Festival and Edinburgh Book Festival on the prospect of producing a BookScan “festival sales measurement” after... Continue reading at The Bookseller
[ The Bookseller | 2015-06-04 00:00:00 UTC ]
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WH Smith's total group sales for the last quarter grew slightly by 1% compared to the same period in 2014, although high street sales were down. The high street division saw both total sales and like-for-like sales fall 4% compared to last year in the 13 weeks ending 30th May. However, the... Continue reading at The Bookseller
[ The Bookseller | 2015-06-04 00:00:00 UTC ]
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