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Business News and Statistics

159 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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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…
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3 Easy and Practical Ways To Get the Most Accurate Book Reviews

Have you ever come across a snippet or review on a book…
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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…
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Short Stories are a Treasure Trove of Good Reads

Image by Pexels from Pixabay I’ve realized there are two types of…
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The Process and Challenges of Diversity in Children’s Books

In recent years, children’s books have made a lot of progress in…
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Three Ways to Free Yourself from Reading Rules

George R.R. Martin said, “A reader lives a thousand lives before he…
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UK Booksellers Urge Labour: Reform Unfair Business Rates

Booksellers in the UK are urging the new Labour government to address…
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Goodreads Founder Launches Smashing – AI and Human Recommendations

Goodreads‘ co-founder Otis Chandler is back to build the next big app…
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US Audiobook Sales surpassed $2 billion in 2023

Audiobooks are quickly becoming more mainstream, and more than half of the…
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ebook sales soared 16.8% in April 2024

For the first time this year, digital book sales increased in the…
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Indigo Goes Private: Sweetened Deal Accepted

Indigo Books & Music Inc. has agreed to a privatization deal, accepting…
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Pocketbook is now a co-owner of Bigme

Pocketbook has been working on a significant deal for the past year.…