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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

Audiobook and ebook sales account for 17% of HarperCollins Revenue

In the last three months of 2021, which include the critically important…

The worst self-publishing company has been sold to Draft2Digital

Smashwords is an independent self-publishing company that has been in business for…

Amazon’s ‘Price-Fixing’ Program Shut Down

Following a recent investigation by the attorney general of Washington, Amazon was…

Blacklisted by Amazon, Chinese sellers flock to Walmart

Last April, Amazon kicked off 50,000 Chinese sellers off their platform and…

Maryland Digital Works Law Challenged

A precedent setting legal case regarding digital works is currently underway in…

Manga Piracy Crackdown Goes Global

Starting this April, thirteen countries are coming together with the goal of…

CES 2022 underway, set to conclude a day early

The yearly Consumer Electronics Show that is held in Las Vegas has…

Amazon forced to remove ratings, reviews of Chinese president’s book

Chinese President Xi Jinping’s book, The Governance of China is in the…

UK customers can’t buy a Kindle with Visa Cards anymore

Amazon is having a dispute with VISA and their high fees in…

Indigo Books records a 16.3% profit in the past three months

Indigo Books and Music has reported that in the past three months,…

Storytel is entering the US market with acquisition Audiobooks.com

Storyel is quickly becoming one of the largest audiobook and ebook subscription…

Spotify Acquires the largest audiobook wholesaler Findaway

Findaway has been in business since 2005 and they are the largest…

US Justice Department Investigating Penguin Random House and S&S Merger

Penguin Random house accounts for 1/4 of all books published in the…

HarperCollins ebook revenue increased by 16%

HarperCollins reported that their publishing revenues generated close to 2 billion dollars…

Indigo Books and Music sales declined 5.5%

Indigo Books and Music has reported in their yearly financial results that…

Hachette ebook sales declined in the first six months of 2021

In the first six months of 2021, Hachette saw a decline in…