Image credit: Publishers Weekly Middle grade graphic novel category is becoming popular in recent years. As a result, the number of graphic adaptations of middle grade books has also exploded. That’s because graphic adaptations bring older stories to life and expand the audience. In fact, such graphic novels have gained acceptance among educators, parents, and librarians also. … [Read more...] about Boom in Graphic Adaptation of Middle Grade Books
Digital Publishing News
Inkitt AI Self-Publishing Platform Nabs $37M
Image credit: Inkitt Inkitt is a brand-new self-publishing platform that allows people self-publish stories. Then, it uses AI and data science to select the most compelling stories. Finally, it tweaks, distributes and sells those stories on a second app Galatea. Now, it’s raised $37 million in aid of that ambition. The startup has already attracted 33 million users … [Read more...] about Inkitt AI Self-Publishing Platform Nabs $37M
200+ Million Digital Piracy Instances Removed in 2023
Piracy is a major issue for digital publishers including Kakao Entertainment's subsidiary Tapas Entertainment, which focuses on publishing webcomics and web novels. For publishers that make their money off of clicks and microtransaction coins, having the same content being uploaded elsewhere for free on the same day without the owners' permission can have long-term consequences … [Read more...] about 200+ Million Digital Piracy Instances Removed in 2023
Tell us what you think: Survey on A.I. Training
The rapid progression of Artificial Intelligence has led to new and unprecedented circumstances for societies around the world. Generative technologies have been thrust into multiple sectors of life; business, law, education, content creation, writing and journalism- to name a few. As such, we are now faced with complex legal and moral issues surrounding AI's ingestion of … [Read more...] about Tell us what you think: Survey on A.I. Training
Pocket FM launches Pocket Novel
Pocket FM is to launch of Pocket Novel to build it as India’s largest online reading platform and the default destination for the Indian writers’ community. The audio series platform also announces an investment of US$40 million to solidify its presence in the literary world. With this launch, Pocket Novel is intended to play a key role in unlocking opportunities and … [Read more...] about Pocket FM launches Pocket Novel
Book Publishing in Sri Lanka Faces Crisis
The imposition of VAT (18%) on books publishers in Sri Lanka results in the loss of thousands of jobs. Publishers say that about 30 percent of bookstores have shut down because of the country’s economic crisis. Before January 2024, there has been no taxes no books, and Sri Lanka’s book publishing industry was in crisis even before the VAT imposition. The cost of book … [Read more...] about Book Publishing in Sri Lanka Faces Crisis
MindStir Media: Pioneering Self-Publishing in the USA
MindStir Media is the leading provider of self-publishing and book marketing services in the United States. Bestselling author and award-winning entrepreneur J.J. Hebert founded the organization. The platform is intended to give authors all the necessary tools to share their work with the world. This year, MindStir Media has celebrated its 15th anniversary. J.J. Hebert … [Read more...] about MindStir Media: Pioneering Self-Publishing in the USA
eBook revenues were down 3.2% in November 2023
In one month, we will understand precisely how digital audiobooks and ebooks performed in the United States in 2023. Digital book revenues were down 3.2%, generating $81.8 million in sales. The Digital Audio format remained 15.3% for November, generating $81.1 million in revenue. Physical Audio was down 23.8%, coming in at $1.3 million. Year-to-date eBook revenues were down … [Read more...] about eBook revenues were down 3.2% in November 2023
European Publishers To Get AI Act Approved
Image credit: edf-feph.org The European Union’s “AI Act” was approved in December. The AI act is a part of EU’s digital strategy and is meant to regulate the AI usage to ensure better use of the technology. Recently, the Federation of European Publishers in Brussels has released a statement on behalf of creators and rights holders, calling on “member-states of the European … [Read more...] about European Publishers To Get AI Act Approved
IOP Publishing to Create Purpose-Led Publishing (PLP)
Image credit: The Bookseller As reported by The Bookseller, IOP Publishing has joined forces with AIP Publishing and the American Physical Society to create Purpose-Led Publishing (PLP), a new coalition “with a promise to always put purpose above profit”. IOP Publishing provides publications, including journals, websites, magazines and books, through which scientific … [Read more...] about IOP Publishing to Create Purpose-Led Publishing (PLP)
ebook piracy is considered a minor problem by US government
Digital book piracy is considered a very minor problem by the United States government. The Office of the United States Trade Representative has just published its annual overview of the world's most significant and problematic piracy websites. The vast majority of the sites focus on file hosting websites, streaming IPTV boxes and pirating websites. Over 25 different sites, in … [Read more...] about ebook piracy is considered a minor problem by US government
ByteDance in Book Publishing
Lemon8 in the US, Bytedance, is all set to create a brand-new content application for its overseas market. According to USPTO, Lemon Inc. has requested a trademark for book publishing products and services. The trademark is named as 8TH NOTE PRESS and was reported by Business Insider earlier. As for the type of products/services that one can expect from the app, 8TH NOTE … [Read more...] about ByteDance in Book Publishing
RBmedia Acquires Berrett-Koehler Audiobook Publishing Business
Today, RBMEDIA has announced the acquisition of Berrett-Koehler’s audiobook publishing business, which includes its catalogue of previously published titles, as well as a multi-year agreement to become the exclusive audio publisher for Berrett-Koehler’s new titles beginning in 2024. Berrett-Koehler’s catalogue of hundreds of business, social justice, and personal development … [Read more...] about RBmedia Acquires Berrett-Koehler Audiobook Publishing Business
Zeta Studios and Wattpad Webtoon Studios Sign Deal
Spain’s Zeta Studios, producer of Netflix megahit “Elite,” has signed to develop Latin American Spanish-language webnovels from Wattpad Webtoon Studios, the online publisher via Webtoon of web novel “Through My Window.” Its movie makeover ranks as Netflix’s fourth most-viewed non-English film ever. Both companies will also partner on projects in Spain on a first priority … [Read more...] about Zeta Studios and Wattpad Webtoon Studios Sign Deal