E Ink and ITOCHU Corporation from Japan had announced entering into a collaboration last December to develop an e-note device. The collaboration has now yielded the Alteric Note device which Itochu Corporations said is aimed for use by the business community in Japan. The e-note device is going to be sold in Japan by Conexio which happens to be one of Itochu's group … [Read more...] about Itochu launches Alteric Note e-note device for business users in Japan
College students are active consumers, with resources, interest and access to seek out a wide variety of services and products. The average amount students spent on course materials, including textbooks and digital materials, for post secondary programs declined 22% during the 2021-2022 academic year according to a new report by independent research firm Student Monitor. … [Read more...] about A Win for Affordability: Students are Spending Less for Course Materials in 2021-2022
Digital book revenues in the United States have been in a constant state of decline since the pandemic started to ease. In February 2022, this trend continued as the format declined by over 6.9% and generated $91.5 million. Digital audiobook fells for the first time in over 5 years, it was down 3.9% for February, coming in at $68.9 million in revenue. Physical Audio was down … [Read more...] about ebook revenues declined 6.9% in February 2022
Remarkable has released two different product since 2017, their first and second generation writing slates. They have sold over 1 million units since they launched and have generated over 1 billion dollars in sales. This is significant revenue, the company should make even more money with the advent of their paid subscription system that is paid monthly from users. During the … [Read more...] about Remarkable sold 1 million tablets since 2017
For many people, there's an uneasy feeling in the air right now due to a large resurgence in censorship. Banning books is by no means a new tactic, and attempting to control people to think 'the right things' and not 'the wrong things', can be seen throughout history and the world. History of Book Burning and Banning In 213 B.C., as a way of consolidating power in his new … [Read more...] about Freedom of Speech & Book Banning in 2022
Hachette is one of the largest publishers in the world and they have just announced their first quarter earnings. Sales increased by 8.7% and they generated $591 million USD in the first three months of 2022. Digital book sales accounted for 8.1% of total publishing in 2022, compared to 9% in the first quarter of 2021. Sales of downloadable audiobooks continued to improve and … [Read more...] about Hachette ebook sales declined in the past three months of 2022
Normally, I avoid malls like the plague. Sometimes, when I'm strolling along, checking out all the shiny new clothes and items, I somehow end up feeling bad about myself. Huh? Should I have dressed up to go shopping? I've had some good experiences at the mall; seeing a movie, grabbing a quick smoothie on my way to the gym, or going to a specific store. However, I still find … [Read more...] about Nostalgia for Bookstores Creating Expansion
In 2012, BuzzFeed made the bold choice to branch out from its bread and butter of animal videos and “WTF!” tag lines, and move into more serious journalism. Almost a decade later, it has gained a reputation as a rising star in digital media, and has even claimed a very prestigious award; the Pulitzer Prize, for an investigative series which utilized satellite imagery focusing … [Read more...] about BuzzFeed “Guts” Newsroom
Did Amazon purposely draw out the process of being able to cancel a Prime membership?According to internal documents obtained by Insider, it seems there was a concerted effort on behalf of Amazon to create delays and complications for Prime members looking to cancel their subscriptions. Amazon is a complex website, with a large number of drop-down menus, that are not always … [Read more...] about Did Amazon Purposely Mislead Members?
China is facing some serious problems with COVID. Health officials stated the entire situation is “grim and complex” amid a dramatic rise in daily cases. Out of 31 provinces in China, 28 have reported coronavirus cases since the past week. This has dramatically affected the global e-reader supply chain. The vast majority of e-readers in the world are produced in China. We have … [Read more...] about The E-Reader industry is on pause, due to the resurgence of COVID in China
Digital book sales have fallen by double digit figures in the first month of the year in the United States. They have plummeted by a massive 10.1% and the format generated $81.5 million. It’s worth noting that ebook sales were up 21% in January of last year, so the comparative percentage drop should be seen in that context. Meanwhile, digital audiobooks continue their explosive … [Read more...] about Ebook sales plummet 10.1% in January 2022
Union Square & Co. and Union Square Kids are the shiny new public facing names of Sterling Publishing. The underlying publisher will still be Sterling Publishing, but Union Square & Co. and Union Square Kids, will be joining Sterling Publishing’s previously existing imprints; Puzzlewright and Sterling Ethos.Imprints are names and sub-areas that a publisher creates … [Read more...] about Sterling Publishing Establishes Union Square & Co.
Amazon plans on shutting down all 24 of their bookstores in the United States. These bookstores were often found in big cities and filled a niche, with all of the indie bookstores that have closed. They will also be closing two other physical retail concepts: Its “4-star” stores, which sold products that had high customer ratings, and its Pop Up stores. The decision to … [Read more...] about Amazon is shutting down all of their physical bookstores