Bloomsbury – the UK's most famous publisher renowned for the Harry Potter series- has recently reported a 15% increase in sales with a 16% increase in profit. The publisher chalks this success to allies – TikTok and the ongoing macroeconomic hellscape. Harry Potter During the Inflation According to CEO Nigel Newton, with increasing living costs, books are an affordable form … [Read more...] about Harry Potter Publisher – Bloomsbury – Sees Record Sales
Meta Will Be Testing Their News Block Initiative in Canada
Meta has stopped featuring news content for some users in Canada after the Online News Act was introduced. As per the reports, about 1 to 5% of Canadian users needed help to check/share news content on social media platforms like Facebook and Instagram.Media organizations will be chosen randomly and notified about blocking their news content for some users during the test. … [Read more...] about Meta Will Be Testing Their News Block Initiative in Canada
Books Over Streaming Services: Here’s What the CEO of a Top Publishing Says
Bloomsbury Publishing CEO Nigel Newton recently said how people could get many books worth of the Netflix subscription that they generally spend on. Comparing the price of books to the monthly Netflix Premium subscription of $19.99, Newton said people could buy two titles monthly and 24 titles a year for the amount of money. He further mentioned how paperbacks are cheaper than … [Read more...] about Books Over Streaming Services: Here’s What the CEO of a Top Publishing Says
Barnes and Noble’s Updated Buying Policy for Middle-Grade Fiction
James Daunt (CEO of Barnes & Noble) has come up with a new buying policy for middle-grade fiction hardcovers. In this new strategy, B&N will reduce the number of new books in the middle-grade fiction genre and only pick one or two books that are leading the charts (per publisher, per season). This whole incident has initiated an outage in social media with many unhappy … [Read more...] about Barnes and Noble’s Updated Buying Policy for Middle-Grade Fiction
Sharing Your Apple Books (With Family Members): Full Guide
You can nominate up to five family members and share your Apple books with them. This means if someone wants to read one of your e-books/books/audiobooks, you can lend it to them through your Apple Books. However, for that to happen, you must list the person as your family in your Apple device settings. How to Set Up and Share Books Through Apple Books Sharing? To set up your … [Read more...] about Sharing Your Apple Books (With Family Members): Full Guide
Mangas Tops the List in NPD BookScan Reports 2022
With a global market size of 10.9 billion USD (as of 2021), manga comics have been dominating the comic world lately. Its sales grew by 9% in 2022. At such a pace, it's likely to expand at a CAGR of 16.9% by 2030. This drastic shift of comic readers from regular genres to manga can be justified by the comic sales in the US. The new report indicates that manga writers topped the … [Read more...] about Mangas Tops the List in NPD BookScan Reports 2022
Viz Manga Features a Plethora of Manga Genres (Rom-com, Horror, and More)
Viz Media launched a new digital manga service called Viz Manga for all manga lovers out there. The new reading service has a wide range of mangas from different genres, including horror, romance, action, adventures, and a lot more. The cost of the reading service starts at $1.99 (monthly). You can download the app on your iOS and Android devices.The announcement was made … [Read more...] about Viz Manga Features a Plethora of Manga Genres (Rom-com, Horror, and More)
E-books Myths: 5 Things You Must Know
E-books have gained popularity due to their portability and any-time, anywhere approach. Based on the yearly analysis of e-books sales, about 364,38 e-books were sold per minute in 2020. Moreover, the pandemic wave boosted its sales even more in the following rise. Amidst the rise and popularity of e-books, there are many things that are still a myth about these writeups. While … [Read more...] about E-books Myths: 5 Things You Must Know
Lavender Books Launched for the BIPOC LGBTQ+
The National Black Justice Coalition released a new application called the Lavender Book for the BIPOC LGBTQ+ community. BIPOC stands for Black, Indigenous, and People of Color. The aim of the app is to help and provide the BIPOC LGBTQ+ community with safe spaces. It's designed to reduce the efforts required for people from BIPOC LGBTQ+ to search for businesses, places of … [Read more...] about Lavender Books Launched for the BIPOC LGBTQ+
What is Literary NFT: Everything You Need to Know
As the name implies, literary NFTs are digital assets that are coined on the blockchain as NFTs or non-fungible tokens. It's a digital literary work that has been lately dominating the online world. Literary NFTs could be anything like novels, scripts, essays, poetry, or even audiobooks.Literary NFTs are ideal for replacing the intermediary publishing bodies for direct … [Read more...] about What is Literary NFT: Everything You Need to Know