Poor Nook Sales Sink Barnes & Noble's Revenues

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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EUP reports 40% rise in ebook sales

Written By: Lisa Campbell Publication Date: Tue, 01/11/2011 - 09:40 Sales and profit for 2011 have slumped at Edinburgh University Press at the same time the company has reported a 40% rise in year-on-year ebook sales. The Scottish academic publisher has reported an 11.6% fall in sales and... Continue reading at The Bookseller

[ The Bookseller | 2011-11-01 00:00:00 UTC ]
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E-books and Continuum buy drive sales at Bloomsbury

Written By: Charlotte Williams Publication Date: Thu, 27/10/2011 - 09:41 E-book sales and the acquisition of Continuum helped sales at Bloomsbury leap 16%, although relocation and restructuring costs led to pre-tax profit more than halving to £0.3m, in its latest set of financial accounts.... Continue reading at The Bookseller

[ The Bookseller | 2011-10-27 00:00:00 UTC ]
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Hearst sales appointments 'will create more joined-up brands'

The first stage of Hearst Magazines UK's commercial restructure marks a move towards creating more joined-up brands, group commercial director Matt Salmon has claimed. Continue reading at Media Week

[ Media Week | 2011-10-25 00:00:00 UTC ]
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News outlets look to tablet computer users for revenue

More than half of owners read news on their devices, a survey shows, though there's not much willingness to pay for content. But there may be a way.With roughly 25 million adults in America now owning an iPad or other tablet computer, a new survey shows that the early adopters are using the... Continue reading at Baltimore Sun

[ Baltimore Sun | 2011-10-25 00:00:00 UTC ]
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Pratchett retains pole as Barnes bags Booker boost

Written By: Philip Stone Publication Date: Tue, 25/10/2011 - 15:51 Terry Pratchett's Snuff (Doubleday) was narrowly the bestselling book in the UK last week, outselling Martina Cole's 18th novel, The Faithless (Headline), by just 768 copies. Snuff, which last week became the fastest-selling... Continue reading at The Bookseller

[ The Bookseller | 2011-10-25 00:00:00 UTC ]
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The Atlantic Sees 19 Percent Jump in Ad Revenue for Third Quarter

For the 12th consecutive quarter in a row, The Atlantic is reporting gains in print and online revenue. In third quarter 2011, overall advertising revenue is up 19 percent, with digital ad revenue soaring 41 percent and print up 3 percent over the third quarter of 2010. Continue reading at Folio Magazine

[ Folio Magazine | 2011-10-24 00:00:00 UTC ]
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Apple's Newsstand Boosting Mag Sales, But Will it Last?

Finally, publishers have a reason to cheer Apple. In the 10 days since Apple launched its Newsstand for the iPad and iPhone, many are reporting big spikes in sales of their digital editions. Ease of discovery is a big reason for the sales increase; titles are now collected in one place rather... Continue reading at AdWeek

[ AdWeek | 2011-10-22 00:00:00 UTC ]
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Bertrams sales and profit marginally fall

Written By: Lisa Campbell Publication Date: Thu, 20/10/2011 - 09:00 Bertrams' sales and operating profit has dropped marginally in the last year while the book wholesaler said its merger with Dawson Books will increase revenues by a third. read more Continue reading at The Bookseller

[ The Bookseller | 2011-10-20 00:00:00 UTC ]
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Authors to Get Sales Data From Three Big Publishers

Simon & Schuster, Random House and the Hachette Book Group said they would allow authors to access book sales data online, a service Amazon began providing last year. Continue reading at The New York Times

[ The New York Times | 2011-10-20 00:00:00 UTC ]
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Press lauds Barnes' Booker win

Written By: Graeme Neill Publication Date: Wed, 19/10/2011 - 09:34 The thrice-denied Julian Barnes has been lauded in the press for finally winning the Man Booker prize with his The Sense of an Ending. The Guardian warmly welcomed the decision. Claire Armistead said: "To those who believe the... Continue reading at The Bookseller

[ The Bookseller | 2011-10-19 00:00:00 UTC ]
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Random ups Barnes reprint after Booker win

Written By: Charlotte Williams Publication Date: Wed, 19/10/2011 - 15:02 Random House is now reprinting 125,000 copies of Jonathan Cape's Booker-winning The Sense of An Ending, signing off a further 50,000 copies in addition to the initial 75,000 copy reprint. Vintage sales director Tom... Continue reading at The Bookseller

[ The Bookseller | 2011-10-19 00:00:00 UTC ]
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Julian Barnes wins the Man Booker

Written By: Bookseller Staff Publication Date: Tue, 18/10/2011 - 20:00 Julian Barnes has won the Man Booker Prize for his novel The Sense of an Ending (Cape). The author beat a shortlist comprising Carol Birch's Jamrach's Menagerie (Canongate); Esi Edugyan's Half Blood Blues (Serpent's Tail);... Continue reading at The Bookseller

[ The Bookseller | 2011-10-18 00:00:00 UTC ]
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Miller and Birch lead Booker sales for book chains

Written By: Lisa Campbell Publication Date: Tue, 18/10/2011 - 09:00 AD Miller's Snowdrops and Carol Birch's Jamrach's Menagerie are the bestselling books in the Man Booker shortlist on the high street, ahead of the prize's announcement this evening. read more Continue reading at The Bookseller

[ The Bookseller | 2011-10-18 00:00:00 UTC ]
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Barnes bookies' and Kindle favourite for Man Booker

Written By: Lisa Campbell Publication Date: Mon, 17/10/2011 - 14:30 Julian Barnes is the bookies' favourite to win the Man Booker prize tomorrow night (18th October), as Amazon has revealed his novel The Sense of an Ending is also leading Kindle downloads among the shortlisted authors.... Continue reading at The Bookseller

[ The Bookseller | 2011-10-17 00:00:00 UTC ]
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Time Inc.’s Real Simple App Launches First on NOOK

The NOOK Newsstand is getting another addition, Time Inc. has announced that Real Simple magazine will be exclusively sold on the digital platform for the month of November and will begin a full digital integration with the December issue. Continue reading at Folio Magazine

[ Folio Magazine | 2011-10-13 00:00:00 UTC ]
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BRC says September book sales 'tough"

Written By: Lisa Campbell Publication Date: Tue, 11/10/2011 - 08:50 Book sales remained “tough” in September according to the British Retail Consortium, which reported total retail sales were up by 2.5% against September last year. The BRC said UK retail sales values were 0.3% higher on a... Continue reading at The Bookseller

[ The Bookseller | 2011-10-11 00:00:00 UTC ]
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Digital sales surging in Spain

Written By: Paul Rigg Publication Date: Fri, 07/10/2011 - 15:10 The Spanish book trade is preparing for unexpectedly fast growth in digital sales, Liber, the international book fair for the Spanish speaking world has been told. Iría Álvarez, trade manager at Santillana, one of Spain’s largest... Continue reading at The Bookseller

[ The Bookseller | 2011-10-07 00:00:00 UTC ]
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Digital sales 'could be 15%' by year's end

Written By: Charlotte Williams Publication Date: Fri, 07/10/2011 - 14:39 Independent publishers are predicting that ebook sales may make up as much as 15% of their total sales by the end of 2011, as FutureBook's Digital Census reveals that a quarter of UK publishers now have ebook sales which... Continue reading at The Bookseller

[ The Bookseller | 2011-10-07 00:00:00 UTC ]
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September sales up on August, down on 2010

Written By: Philip Stone Publication Date: Thu, 06/10/2011 - 09:00 Printed book sales in September rose by 10% on August, but were down 10% on last year, Nielsen BookScan data reveals. In total, £118.4m was spent on physical books in the four weeks to 1st October, an increase of £11m on... Continue reading at The Bookseller

[ The Bookseller | 2011-10-06 00:00:00 UTC ]
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September sales up on August, down on 2011

Written By: Philip Stone Publication Date: Thu, 06/10/2011 - 09:00 Printed book sales in September rose by 10% on August, but were down 10% on last year, Nielsen BookScan data reveals. In total, £118.4m was spent on physical books in the four weeks to 1st October, an increase of £11m on... Continue reading at The Bookseller

[ The Bookseller | 2011-10-06 00:00:00 UTC ]
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