The book selling industry is in dire straights and every major publisher has reported declining revenue for the first six months of 2016. Not only are print books not doing so well, but digital is especially abysmal, some publishers such as Penguin Random House refused to divulge specific figures. Penguin Random House experienced a massive 10% decline in print and e-book … [Read more...] about The Book Selling Industry is in State of Decline
Digital Publishing - E-BOOKS, Manga Business News and Statistics
Barnes and Noble is opening a concept store in Texas
Barnes and Noble is opening a series of concept stores and they intend on serving hot food that is intended to pair well with wine and also offer an outdoor patio for people to chill and read a book. The stores themselves will be quite different from the traditional B&N retail experience, but the company is cagey on exactly this will entail. I have official confirmation … [Read more...] about Barnes and Noble is opening a concept store in Texas
Readability is shutting down in September
Readability is a bookmarking and read it later service, a distant competitor to Pocket. After five years of operation, Readability will be shutting down on September 30th. The original Readability codebase is embedded in a host of applications, including Apple's Safari 5 browser (the Safari Reader feature), the Amazon Kindle and popular iPad applications like Flipboard and … [Read more...] about Readability is shutting down in September
Amazon to open a Bookstore in Chicago
Amazon has always been an online bookseller and many people claim that they drove Borders out of business and contributed to the decline in Barnes and Noble's retail sales. Amazon has experimented with a series of physical bookstores in Seattle, New York and San Diego. They will soon be opening up a location in Portland and news has just broke that they are going to be opening … [Read more...] about Amazon to open a Bookstore in Chicago
Sluggish Apple Sales Prompt Target to Sell Amazon Kindles
Target shocked the business world when they announced that they were going to start selling Amazon branded products again. There was speculation that Target CEO Brian Cornell who came to the company two years ago was the prime mover. The real reason is because of sluggish Apple sales. In 2012 Target stopped selling Amazon Kindles and Barnes and Noble Nook products. This was … [Read more...] about Sluggish Apple Sales Prompt Target to Sell Amazon Kindles
E-Ink Posts a Profit of $5.4 Million in the Second Quarter
E-Ink is the company responsible for e-paper found on the Kindle, Kobo and Nook e-readers. The Taiwanese company has just posted an operating profit of $5,437,895 for the second quarter. This is primarily due to big orders placed by Amazon and Kobo. The second quarter is the first time E-Ink has been profitable for quite awhile. In the first quarter of 2016 the company … [Read more...] about E-Ink Posts a Profit of $5.4 Million in the Second Quarter
HarperCollins Redesigned Their Website
HarperCollins has just unveiled a redesigned website this afternoon. The publisher is putting an emphasis on recommending compelling new reads with an interactive tool called Book Finder. Book Finder is the crown jewel of the new HarperCollins website. It is designed to present a series of genres and give you what a sense of what the book is about by merely hovering the … [Read more...] about HarperCollins Redesigned Their Website
Barnes and Noble Fires CEO Ron Boire
Barnes and Noble has fired CEO Ron Boire, who has been at the helm for less than a year. The Board of Directors determined that Boire was not a good fit for the organization and that it was in the best interests of all parties for him to leave the Company. Boire did not have any experience in the book selling business. Before coming to Barnes and Noble he was the the CEO of … [Read more...] about Barnes and Noble Fires CEO Ron Boire
Bookstores are selling a record number of books
Over the last six months publishers have all been disclosing that e-book sales are down and here is the reason why. The US Census Bureau has proclaimed that bookstores sales were 6.1% ahead of the comparable period in 2015. This means that chain stores like Barnes and Noble, as well as indie bookstores generated $5.44 billion dollars this year. Bookstore sales in 2016 rose … [Read more...] about Bookstores are selling a record number of books