Canadians continued to be enamored with reading reading digital books. Over half of all publishers (52%) saw increases in ebook revenue compared with 2020 and just over a quarter of all publishers (28%) saw increases in audiobook revenue in the same period. This bodes well for the digital publishing industry and also companies that sell e-readers and ebooks, such as Amazon and … [Read more...] about Canadian ebook sales were strong in 2021
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Digital books on the Kindle, Nook or Kobo are way more expensive now, than ever before. Major publishers who control the vast majority of the market, control the prices and users end up paying more than the paperback and in some cases, the ebooks are more expensive than the hardcover. Why are ebooks so expensive now? Agency Model Keeps the Prices High Digital books used to be … [Read more...] about Why are Kindle ebooks so expensive?
Digital Book sales in the United States have been declining all year long. This is likely due to the pandemic being a thing of the past and bookstores have been opened all year long. Ebook revenues were down 6.3% for the month as compared to June 2021 for a total of $83.0 million. Digital audiobooks sales was up 9.8% for June, coming in at $72.4 million in revenue. Physical … [Read more...] about Ebook sales fell 6.3% in June 2022
HarperCollins is one of the largest publishers in the world. They have just reported over two billion dollars in revenue in their fiscal year, which started in June 2021 and ended in June 2022. Digital sales increased 4% compared to the prior year, this was driven by continued growth in digital audiobook sales. After rising in fiscal 2021, e-book sales fell. For the year, … [Read more...] about HarperCollins Audiobook and ebook sales increased by 4%
Stephen King was called to be the star witnesses from the US Justice Department who is trying to stop the merger between two of the largest publishers in the world. King, told the court in Washington DC that he felt "the move would be bad for competition in the industry". He went on to say ""You might as well say you're going to have a husband and wife bidding against each … [Read more...] about Stephen King is against the merger of Penguin Random House and S&S
In the first half of 2021, book sales took off 18.9%, compared to the same period in 2020. Despite lockdowns, with book shops being closed, the volume of book sales increased during the pandemic. This trend in higher book sales during the pandemic was seen globally; 200million print books were sold in the UK in 2021, which was the highest amount in over a decade, according to … [Read more...] about Is the pandemic book boom finally over?
Amazon is getting serious about combatting fake reviews listed in their ecommerce websites. Most people look at the overall star rating of the product and ensure that the reviews listed are left by people who bought it, it is a matter of trust. Today, Amazon filed legal action against 10,000 Facebook groups that attempt to orchestrate fake reviews on Amazon in exchange for … [Read more...] about Amazon files legal action against 10,000 Facebook Groups
Amazon Prime Day was a tremendous success for Amazon and many people purchased all sorts of products and gadgets. The entire Kindle line was heavily discounted and ditto with Fire tablets. Prime members purchased more than 300 million items worldwide during Prime Day 2022, making this year’s event the biggest Prime Day event in Amazon’s history. And, more shopping means more … [Read more...] about Amazon customers saved $1.7 billion on Prime Day
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