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 ]
News tagged with:
#8% year
#device sales
#$55 million
#company remains
#reduce costs
#company revealed
Books by Bruce Springsteen and Amy Schumer have helped Simon & Schuster to an 11% year-on-year increase in its third quarter revenue to $226m (£181m). Continue reading at The Bookseller
[ The Bookseller | 2016-11-05 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#11% rise
#quarter sales
#bruce springsteen
#amy schumer
#quarter revenue
Trade publishers’ digital revenues have fallen by 19% in the first six months of the year, but print sales are holding strong, new figures from the Publishers Association have revealed. Continue reading at The Bookseller
[ The Bookseller | 2016-11-04 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#digital sales
#trade publishers
#digital revenues
#print sales
#publishers association
Sales of the Walking Dead graphic novels keep climbing, driven by the hugely popular TV show adaptation. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-04 00:00:00 UTC ]
More news stories like this |
Revenue increased 11% in the third quarter of 2016 at Simon & Schuster, while and earnings rose by $1 million, to $44 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-03 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#earnings rise
#simon schuster
#earnings rose
#$1 million
#$44 million
Bloomsbury’s total revenues were up 19% to £62.7m for the six months ending 31st August 2016, which is “in line with management’s expectations”, though the company expects sales to be “significantly second-half weighted” due to Christmas sales and October being the "peak period" for academic... Continue reading at The Bookseller
[ The Bookseller | 2016-10-28 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#total revenues
#christmas sales
Mobile ebook start-up Ether Books is to be sold after its founders decided that it needed fresh investment to develop the service out of beta. It is now looking to sell the business to a publisher or other book industry company. Continue reading at The Bookseller
[ The Bookseller | 2016-10-28 00:00:00 UTC ]
More news stories like this |
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... Continue reading at AdWeek
[ AdWeek | 2016-10-23 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#good pr
#people realize
#ddos—attack
Shapiro, hailed as the sage of the bargain-book business, calls it a day after more than half a century in the business. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#book sales
Sales of adult trade books rose 8.9% this May, over May 2015, according to figures released by the Association of American Publishers in its StatShot program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-20 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#trade sales
#figures released
#american publishers
‘If I can do it, anyone can,’ says Bibliocloud c0-founder Emma Barnes, who speaks Tuesday at Frankfurt’s The Markets about publishing’s need to know tech. With just one day to go before Tuesday’s (October 18) The Markets: Global Publishing Summit from Frankfurt Book Fair and Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-10-17 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#markets appeared
#post frankfurt
#emma barnes
Sales in August, one the biggest sales months of the year because of students returning to college, rose to $1.66 billion from $1.63 billion a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-17 00:00:00 UTC ]
More news stories like this |
Though Haymarket has always been a mission-driven press, its focus on books on hot-button topics written by prominent authors has proven to be strong revenue generator. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#haymarket books
#prominent authors
WH Smith saw strong sales from its Zoella Book Club launch over summer, but general book sales were down 2% like-for-like for the retailer in the year ending 31st August 2016. Continue reading at The Bookseller
[ The Bookseller | 2016-10-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#wh smith
#strong sales
#2% like-for-
Though sales continue to be up over last year, the rate of growth is down from 6% for the first half of the year, to 3% in the third quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-14 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#sales continue
The U.S. manga market marked its third straight year of sales growth and optimism about the category was reflected at New York Comic Con in programming and artist appearances offered by publishers such as Viz Media, Kodansha and Yen Press. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-13 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#straight year
#sales growth
#yen press
'By all accounts, popular literature is in the lead' among Russian readers, according to new results from a survey reported by Russia Behind the Headlines. The post Russian Book Chamber Parses Reading Patterns, Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2016-10-12 00:00:00 UTC ]
More news stories like this |
Bookshops have reported higher footfall and sales for the UK’s first Bookshop Day on Saturday, which involved events with high profile authors, illustrators in residence and customers reading in bookshop windows. Continue reading at The Bookseller
[ The Bookseller | 2016-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#bookshop day
#bookshop windows
Art Sesselberg, a special markets national accounts manager at Simon & Schuster, died on October 8 due to complications from pneumonia. He was 53. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#simon schuster
Fiction and picture books are likely to take the lion’s share of sales over the Christmas period, although this year’s YA and teen offering is not as strong, according to a number of children’s booksellers. Florentyna Martin, children’s buyer at Waterstones, said younger fiction is particularly... Continue reading at The Bookseller
[ The Bookseller | 2016-10-10 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#picture books
#christmas period
#jacqueline wilson
#rick riordan
#liz pichon
#david walliams
#jeff kinney
#tom fletcher
Faber has returned to profitability this year after recording a loss in 2015, helped by a “wide range of titles selling extremely well”. Continue reading at The Bookseller
[ The Bookseller | 2016-10-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#wide range