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Business News and Statistics

1050 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.

64% of US households have an Amazon Prime Subscription

There are currently over 80 million Amazon Prime Members in the United…

Indian Government Wants to Charge Amazon Customs and Duty on Kindles

The Indian Government has petitioned a Delhi High Court to reverse a…

Epic! Raises 8 Million to expand their platform

Epic! is an unlimited subscription platform that focuses on kids. More than…

Amazon ceases to do business with book distributors

Amazon has decided to cut out the middleman and wants to do…

Scribd is generating $50 million per year

Scribd currently has over 500,000 paying  monthly subscribers and is generating over…

McDonald’s Canada is giving away free Books with Happy Meals

McDonald’s Canada is offering free books with the purchase of a Happy…

Hachette Reports Digital Accounts for 10% of their Total Revenue Q1 2017

Hachette has reported during their first quarter financial results that e-books accounted…

HarperCollins Reports 7% Increase in audiobook and e-book sales Q1 2017

HarperCollins has just reported that they have seen a 7% increase in…

Simon and Schuster Audiobook Sales Increase by 35% in Q1 2017

Simon and Schuster has reported that their audiobook unit saw a 35%…

Amazon is going to open a bookstore in Washington DC

Amazon is going to be opening up a physical bookstore in Washington…

Barnes and Noble Hires a New CEO with No Bookselling Experience

Barnes and Noble has just hired their fourth CEO since 2013 and…

Americans are swapping bookstores

Barnes and Noble has proclaimed that by the end of the fiscal…

RB Media is a Global Audiobook Juggernaut

Recorded Books has formed a new company  called RB Media that is…

Texture is launching a one million dollar ad campaign

Texture is one of the largest digital magazine platforms and is currently…

The Publishing Industry Relies On Midlist Authors

The publishing industry constantly bemoans the lack a true bestseller that generate…

The State of the European eBook Market

The European e-book market has been growing since 2007 when Amazon started…

Japanese e-book sales increase by 13.2% in 2016

The Japanese e-book and digital manga industry has experienced a 13.2% increase…

E-Books are on the decline in the United Kingdom

E-Books have just experienced their first decline in the United Kingdom. 4%…

Bookstores need more entrepreneurial spirit

Chain bookstores tend to be homogenized and they all tend to look…

Libro.fm unveils paid monthly subscriptions for Indie Bookstores

Libro.fm is a small audiobook company and in October they ironed out…

Barnes and Noble Nook Sales Decline by 25.7%

Barnes and Noble has reported that Nook sales have declined 25.7% in…

Amazon lowers the price of free shipping

One year ago Amazon raised the total order price of free shipping…

Does KDP Paperback Publishing Really Solve Anything?

Never one to be a naysayer, we at GoodEReader ordinarily go fan-girl…