Chapters Indigo, the largest bookstore chain in Canada is doing quite well. In the last three months they have increased sales by over 7.7%, primarily due to general merchandise. Revenue rose to $193.1 million, up from $184.9 million a year ago. In the last few years Chapters/Indigo has restructured their business and transformed into a “cultural department store.” This … [Read more...] about Chapters Indigo Bookstore Sales Increase 7.7%
Digital Publishing - E-BOOKS, Manga Business News and Statistics
HarperCollins Reports e-Book Sales are Down
HarperCollins has not abide by the same financial reporting structure as many other publishers. The company has just released their fourth quarter results that ended ended June 30, 2016. This not only gives us a sense on how they did in the most recent quarter, but also how they progressed year on year. What is most important about this report is how far digital has … [Read more...] about HarperCollins Reports e-Book Sales are Down
There will never be another Harry Potter Book
J.K. Rowling has written 8 Harry Potter Books, including the new Harry Potter and the Cursed Child script for the new stage play in London. The entire franchise has made over a billion dollars. The author told Reuters that there would be no more stories or novels based on Potter. “He goes on a very big journey in these two plays and then, I think we’re, yeah, I think we’re … [Read more...] about There will never be another Harry Potter Book
Penguin Random House Refuses to Divulge e-Book Sales
This week the vast majority of major publishers have released financial figures for the first six months of 2016. Simon & Schuster and Hachette experienced declines in e-book sales and gave generalized figures. Things are so bad at Penguin Random House that they did not even break down digital sales, they merely said there was a "reduced demand for e-books." The U.S. … [Read more...] about Penguin Random House Refuses to Divulge e-Book Sales
Hachette e-Book Sales Continue to Fall
Hachette has just announced their financial figures for the first six months of 2016. E-Book sales account for 9.2% of their total revenue stream, which is a slight decrease from 10.7% during the same period in 2015. Sales for the first six months of 2016 fell 6.6% at Hachette Book Group, compared to the first six months of 2015. The funny thing is, even though sales are … [Read more...] about Hachette e-Book Sales Continue to Fall
Amazon Flex Drivers Will Deliver a Secret Release on July 31
Amazon has just sent an email to their Flex Drivers that let them know that there is a special midnight to 2 AM secret release on July 31st. Amazon was cagey and did not tell the drivers what the product was, which is leading to speculation that this is not the Harry Potter and the Cursed Child Screenplay. Amazon Flex drivers are contracted drivers who deliver Amazon … [Read more...] about Amazon Flex Drivers Will Deliver a Secret Release on July 31
Indigo is Planning to Renovate Nearly Every Bookstore
Chapters Indigo are planning on renovating almost every single bookstore in Canada within the next two years. The bookseller is pleased with their new Sherway Gardens location in Toronto and it is basically billed as a cultural department store. Indigo now plans on adopting this model in almost every major market in Canada. The Sherway Gardens location is a new concept store … [Read more...] about Indigo is Planning to Renovate Nearly Every Bookstore
Canadian and US Bookstore Trends for 2017
The year is half over and we now have a sense on how bookstores, digital publishing and the book selling industry are faring. What are going to be the big trends for 2017? Barnes and Noble Barnes and Noble bookstore sales have remained flat this year, but the company may see more print sales in 2017 due to a few factors. Hastings books is closing 126 stores and Powell’s … [Read more...] about Canadian and US Bookstore Trends for 2017
Here are all of the Audible Channels and Content Producers
Audible Channels is a new platform that launched earlier this month and it is available for free to monthly Audible subscribers or can be purchased as a standalone subscription. It features podcasts, audio versions of newspapers, comedy shows and tech. When Audible Channels first launched they 84 different companies that are contributing content, such as The Washington Post, … [Read more...] about Here are all of the Audible Channels and Content Producers