New Consumer Intelligence Research Partners data shows that Amazon had 101 million U.S. Prime members at the end of last year. The research group says 62% of Amazon's U.S. customers are Prime members and have an average annual spend of $1,400 compared to the $600 for non-members. Of the members, 36% pay the monthly … [Read more...] about There are 101 million Amazon Prime Members in the US
Business News
Canadian print book sales remain flat between 2017 and 2018
Print book sales in the Canadian English-language trade market remained flat in 2018 when compared to the year previous, according to sales reported to BNC Sales Data by a subset of comparable retailers used for year-over-year analysis. There was also little change in the breakdown between Fiction, Non-Fiction, and … [Read more...] about Canadian print book sales remain flat between 2017 and 2018
eBook usage in Germany increases by 50%
The number of households that have purchased an ebook in the past three years has increased by over 50% in Germany. 1.6 million households bought eBooks in 2017 and ebook market share increased by 3%, which is good news for the digital format. In 2018, ebook sales are starting to explode.24.4 million eBooks were … [Read more...] about eBook usage in Germany increases by 50%
Is Bookeen in trouble?
Bookeen has been making e-readers since 2003 and has a long and storied history of developing unique products. In the past few months the company seems to be in trouble. Audrey Keszek has been responsible for Bookeens social media accounts since 2010 and recently left the company in August. A successor was hired, but … [Read more...] about Is Bookeen in trouble?
Litnet: Read books before they get published
How to read best sellers before they’re complete and published? Just imagine, let’s say George Martin, the author of "Game of Thrones," releases his new novel not in full, but publishes it chapter by chapter. Readers engage in discussions of plot twists and character developments expressing their ideas on how the story … [Read more...] about Litnet: Read books before they get published
Major Publications are doubling down on book coverage
Over the course of the past twelve months, major publications such as the Atlantic, Amazon, Buzzfeed and the New York Times have been doubling down on book coverage. This includes book reviews, author interviews and expanding upon their bestseller lists.Since the beginning of 2017, The New York Times has continued … [Read more...] about Major Publications are doubling down on book coverage
Over a third Black Friday purchases were made on the phone
Black Friday was all over various news channels the past couple of days and Adobe has reported that 33.5% of online Black Friday sales were completed on smartphones , last year only 29.1% of purchases were made on one. Black Friday pulled in $6.22 billion in online sales, up 23.6% from a year ago and setting a new … [Read more...] about Over a third Black Friday purchases were made on the phone
UK Bookstore WH Smith tried to buy Barnes and Noble
Barnes and Noble is putting the company up for sale and this spring they had a serious suiter to buy the entire company. WH Smith is one of the largest bookstore chains in the United Kingdom and they spent over 2 million dollars in a bid to snatch it up. The deal fell through and this has resulted in the firing of the … [Read more...] about UK Bookstore WH Smith tried to buy Barnes and Noble
Barnes and Noble is an utter and complete mess
Barnes and Noble is a company that needs to sell more books and generate meaningful revenue from their Nook division. Instead, they are mired in controversy with recently fired CEO Demos Parneros.Barnes and Noble CEO Demos Parneros was fired in July for breaking company policies and he did not receive any severance … [Read more...] about Barnes and Noble is an utter and complete mess
Indigo Books and Music is not selling Kobo e-readers in the US
Indigo Books and Music is the largest bookstore chain in Canada and last month they opened up their first US location in the Mall at Short Hills in New Jersey. The company has officially confirmed to Good e-Reader that they are not selling Kobo e-readers or Kobo products in their US store. They also said they had no … [Read more...] about Indigo Books and Music is not selling Kobo e-readers in the US
Barnes and Noble getting serious about selling the company
Barnes and Noble formed a committee last month to explore selling the bookstore chain to multiple interested parties. Leonard Riggio the largest shareholder and founder of the company has committed to support and vote his shares in favor of any transaction recommended by the Special Committee. Today it looks like … [Read more...] about Barnes and Noble getting serious about selling the company
Thalia has just purchased a 50% stake in Skoobe
Skoobe was founded in 2010 by the publishing group Georg von Holtzbrinck , the publishing group Random House and the Bertelsmann service provider Arvato. They launched their unlimited subscription service in 2012 in Germany and by 2016 they had a catalog of 175,000 books by 1,600 German publishers, as well as … [Read more...] about Thalia has just purchased a 50% stake in Skoobe