An increase in Prime membership subscriptions helped Amazon to a fourth quarter profit. The e-commerce giant has been under pressure from investors to return a good result after reporting a loss for the previous two quarters of its financial year, but shares recovered yesterday (29th January) upon the news it posted a fourth quarter profit. Continue reading at 'The Bookseller'
[ The Bookseller | 2015-01-31 00:00:00 UTC ]
Pottermore, the digital content company for J K Rowling's Harry Potter books, returned to growth in its last financial year as the firm’s decision to make its ebooks and audiobooks available via Amazon, Apple, Audible and others “really paid off”. Continue reading at The Bookseller
[ The Bookseller | 2016-11-23 00:00:00 UTC ]
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Amazon Books, the e-commerce giant’s seemingly incongruous bricks-and-mortar venture, is now open in San Diego. The store marks the company’s second foray into offline retail. The 3,500-square-foot shop at a mall in the University City neighborhood premiered with little fanfare Sept. 7 and is... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-09-16 00:00:00 UTC ]
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The Advertising Standards Authority has rapped Amazon for misleading delivery charges to customers and ordered the e-commerce giant to clarify them. Continue reading at The Bookseller
[ The Bookseller | 2016-08-04 00:00:00 UTC ]
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Debut psychological thriller Behind Closed Doors by BA Paris (Mira) is Amazon Kindle's number-one selling ebook this year to date, according to its summer 2016 report disclosing the latest retail trends for the e-commerce giant. Continue reading at The Bookseller
[ The Bookseller | 2016-07-07 00:00:00 UTC ]
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Amazon’s China country manager Doug Gurr will move to the UK to replace Christopher North at the helm of the e-commerce giant this May. Continue reading at The Bookseller
[ The Bookseller | 2016-04-28 00:00:00 UTC ]
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St Ives, the parent company of book printer Clays, has warned of lower profits for the final quarter of 2016 and the next financial year because of “global economic uncertainty”. Continue reading at The Bookseller
[ The Bookseller | 2016-04-27 00:00:00 UTC ]
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Property website Domain increases digital revenue by 37% and continues to prop up Fairfax’s overall profit as editorial restructure is announcedFairfax Media, publishers of the Age and the Sydney Morning Herald, have returned a net profit of $27.4m for the first half of the financial year... Continue reading at The Guardian
[ The Guardian | 2016-02-19 00:00:00 UTC ]
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Twenty years after Amazon.com famously upended the brick-and-mortar book business, the e-commerce giant is going to open a physical bookstore of its own. Continue reading at Stuff
[ Stuff | 2015-11-04 00:00:00 UTC ]
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Amazon saw a 23% rise in sales in the third quarter (ending September 30th) to $25.4bn ($20.6bn in third quarter 2014). Net income stood at $79m in the third quarter, compared to a loss of $437m in the same period in 2014. The results follow a profitable second quarter of the year. Amazon is... Continue reading at The Bookseller
[ The Bookseller | 2015-10-24 00:00:00 UTC ]
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Amazon could be on the cusp of launching a grocery delivery operation in the UK after leasing a warehouse from Tesco, it has been reported. Retail Week reported the e-commerce giant has agreed a 10-year lease with Tesco for a warehouse in Surrey, which is currently being revamped by Clegg Food... Continue reading at The Bookseller
[ The Bookseller | 2015-08-11 00:00:00 UTC ]
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Amazon and Boots have struck up a partnership for the cosmetics chain to sell one of the e-commerce giant's e-reading devices and its Fire tablets. Customers are being offered a £5 Amazon gift card as an incentive to buy a Kindle Paperwhite device or Fire tablet from Boots, as part of an Amazon... Continue reading at The Bookseller
[ The Bookseller | 2015-08-05 00:00:00 UTC ]
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So much for writing short.Last month, Amazon took a page out of Spotify's playbook, electing to start paying its self-published authors by the page rather than per download. The new model was put into action Wednesday—and it looks like the e-commerce giant may now pay writers no more than $0.006... Continue reading at Fast Company
[ Fast Company | 2015-07-02 00:00:00 UTC ]
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Amazon's UK website sales rose by 14% to £5.3bn last year, but the company also paid less in corporation tax and received more handouts in government grants. According to accounts filed in the US, net sales for the UK website were £5.3bn ($8.3bn) to the year ending December 2014, up from... Continue reading at The Bookseller
[ The Bookseller | 2015-06-25 00:00:00 UTC ]
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Amazon has begun fining publishers for late deliveries of books to its warehouses. Meanwhile, some payments to publishers have been delayed by what the company referred to as a “technical error”. The e-commerce giant has written to suppliers warning that if they do not hit delivery targets,... Continue reading at The Bookseller
[ The Bookseller | 2015-05-23 00:00:00 UTC ]
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Amazon started mending its tattered relationship with the big five publishers last year, signing deals with Macmillan, Simon & Schuster and even Hachette. Now it's HarperCollins' turn to make peace with the e-commerce giant, according to The Wall Str... Continue reading at Engadget
[ Engadget | 2015-04-14 00:00:00 UTC ]
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2014 acquisitions Profiles International and Crossknowledge helped John Wiley & Sons to a third quarter revenue rise of 5% on a constant currency basis (2% including the impact of foreign exchange), at $465m. However, the company said organic revenue – excluding the impact of the buys - was... Continue reading at The Bookseller
[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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A strong performance from HarperCollins and the acquisition of Harlequin has boosted parent company News Corp's quarterly results. Revenue for publisher's worldwide operation for the second quarter of the financial year, covering the three months to December 31st 2014, increased 20% from $391m... Continue reading at The Bookseller
[ The Bookseller | 2015-02-07 00:00:00 UTC ]
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Waterstones cut its losses in its last financial year with managing director James Daunt describing it as year of “significant progress” and insisting that the business was edging towards profitability. It is the second consecutive year of reduced losses at Waterstones under Daunt, and includes... Continue reading at The Bookseller
[ The Bookseller | 2015-02-06 00:00:00 UTC ]
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Proposals to change Ordnance Survey from a Trading Fund into a government-owned company [GovCo], which will enable it to introduce more products and services and to grow more quickly, have moved one step closer. This week Matthew Hancock, minister of state for business, enterprise and energy,... Continue reading at The Bookseller
[ The Bookseller | 2015-01-24 00:00:00 UTC ]
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