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Business News and Statistics

1040 posts

Find out the latest news from the bookselling industry. You will learn all about the business of audiobooks, ebooks, manga, newspapers and digital magazines

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New York Times added 1.1 million digital subscribers in 2024

The NYT added over 1.1 million digital subscribers in 2024, including 350,000 in Q4 alone.
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Chinese e-readers will take longer to ship and get delivered

After 24 hours, USPS will now deliver parcels from China and Hong Kong.
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Netgalley switches from Adobe Digital Editions to LCP

NetGalley formally used Adobe Digital Editions as a form of DRM. However, they just announced that they no longer use it and switched to LCPL.
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Bookshop.org launches e-book store in the US to monetize indie bookstores

Bookshop.org has just launched an e-book section of their website to help indie bookstores in the USA to start selling e-books directly to customers.
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E-book revenue increased by 2.7% in November 2024

Digital book sales in the United States saw a 2.7% gain during…
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Everand releases State of Reading Report

Everand is an online audiobook and e-book subscription service by the company…
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Digital Audiobooks Sales Increased by 18.7% in October 2024

US digital audiobooks continued to grow all year. In October 2024, the…
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Half of all US Adults get their news from Social Media

US adults are increasingly ditching newspaper subscriptions and getting daily news from…
Book Reviews

3 Easy and Practical Ways To Get the Most Accurate Book Reviews

Have you ever come across a snippet or review on a book…
Selling Books

The Elimination of Costco’s popular Book Section is coming in the New Year

Costco will eliminate the book bargain section in most North American stores…
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eBook revenues were up 4.0% in September 2024

eBook revenues were up 4.0% for the month compared to September 2023…
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Honoring Excellence: The 2024 National Book Awards

The National Book Awards, established in 1950, celebrate the finest achievements in…
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Book Bans in U.S. Schools are Increasing Exponentially

Book bans are increasingly becoming common in US schools. In the 2022-23…
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Canada makes it mark in Literature in Denmark with Margaret Atwood

Famed Canadian author Margaret Atwood visited Odense, Denmark, this past week to…
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Exciting news for NoteTakers, InkSight can read your handwriting

Google’s developers have introduced a groundbreaking AI system called InkSight, which utilizes…
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Scribd is discontinuing its unlimited subscription model

  Scribd has announced that it is pivoting away from the unlimited…

Penguin Random House puts the kibosh on AI Training

Penguin Random House is the largest book publisher in the world. They…

Audiobook sales have finally surpassed e-books

  Digital book sales in the United States have been strong since…
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E-Book revenues were up 5.4% for June 2024

Digital book revenues increased by 5.4% in the United States in June…