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Business News and Statistics

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

Newfoundland is now charging 15% sales tax on books

Readers in Newfoundland are going to be paying a lot more for…

Barnes and Noble Nook Losses Continue to Mount

Barnes and Noble has reported that for the final two quarters of…

Viz Media Invests in Manga and Anime Discovery Site Kitsu.Io

There are hundreds of e-book discovery websites but when it comes to…

E Ink Announces New 42 Inch E-Paper Display

E-Ink is getting serious about digital signage and they have just announced…

Scribd Removes Thousands of Digital Comics From Their Ecosystem

Scribd is no longer offering digital comics on their platform and has…

Deutsche Telekom sells the Tolino ecosystem to Kobo

Kobo has officially purchased the Tolino ecosystem and all assets will be…

Audio Realms is out of business

Audio Realms has gone out of business and they have taken their…

US Bookstores Report Lacklustre Sales During the Holiday Season

Bookstores depend on November and December to bolster sales, but this year…

Brein Files Lawsuit Against Individual Selling e-Readers Packed with Illegal e-Books

Brien is one of the largest companies in the world that tracks…

Barnes and Noble Restaurants Suffer a Setback

Barnes and Noble has been heavily promoting their new concept stores that…

Barnes and Noble Nook Sales Decline by 29%

Barnes and Noble has just announced that Nook Sales have declined 29%…

Barnes & Noble Hires Demos Parneros as New COO

Barnes and Noble has just hired Demos Parneros as the company’s new…

E-Ink Q3 2016 Net Profit Declines by 35%

E-Ink has just hosted an investor’s conference and told their shareholders that…

E-Book Sales Decline 20.0% in the first half of 2016

Major publishers in the United States have been experiencing massive declines in…

British Columbia Bookstores Can Now Apply for a Liquor Licence

Bookstores in British Columbia can apply for a liquor licence starting Jan.…

Hachette e-Book Sales Decline by 1.1% in Q3 2016

The Hachette Book Group has just released their 3rd quarter financial results…