Barnes and Noble conducted a massive investors conference where they broke down all of the financials from last week. The bookseller reported that NOOK sales, which include digital content, devices and accessories, were $42.0 million for the quarter and $191.5 million for the full year, decreasing 20.0% and 27.4%, respectively, due primarily to lower device and content sales. … [Read more...] about Barnes and Nobles Number One Priority is to Reduce Nook Expenses
Digital Publishing News
American e-Book sales fell 24.9% in January 2016
The Association of American Publishers has proclaimed that eBook sales were down 24.9% in January and the format generated $99.9 million in revenue. It looks like the e-book decline from 2015, has carried over into 2016. Big Picture Data: Publishers’ book sales for Jan. 2016 were $991.7 million, down 6.7% from $1.06 billion in Jan. 2015. These numbers include sales for … [Read more...] about American e-Book sales fell 24.9% in January 2016
Shelfari has officially closed
Amazon announced in January that they were going to close down Shelfari, a social book discovery website. This was done because of significant capital investment in GoodReads and Amazon including GoodReads functionality into their entire line of Kindle e-Readers and Fire Tablets. It looks like Shefari has officially closed their doors and their website is completely … [Read more...] about Shelfari has officially closed
UCLA is Digitizing Ancient Manuscripts from St. Catherine’s Monastery
The UCLA Library has just received a massive grant and they intend on digitizing 1,100 rare and unique Syriac and Arabic manuscripts dating from the fourth to the 17th centuries. The three-year project is being initiated by the fathers of St. Catherine’s Monastery. St. Catherine’s Monastery is located on Mount Sinai in Egypt and it currently houses the oldest continually … [Read more...] about UCLA is Digitizing Ancient Manuscripts from St. Catherine’s Monastery
Here are the Kobo Emerging Writer Prize Winners
Over the course of the last two years Kobo has orchestrated an e-book writing contest that is only available to indie authors. The Toronto company wants to put the spotlight on the Canadian writing scene and promote their titles all over the world. Today, Kobo has just announced the winners of their Emerging Writer contest. Winners of the Kobo Emerging Writer Prize The … [Read more...] about Here are the Kobo Emerging Writer Prize Winners
Do We Still Need to Disrupt Publishing?
When the digital and self-publishing revolution took off only a handful of years ago, much of the accusation from authors and industry watchers alike centered around the claim that the publishing model was "broken." Authors and readers alike were tired of the infamous "gatekeepers" not only telling them what they would read, but also telling them when, for how long, and how … [Read more...] about Do We Still Need to Disrupt Publishing?
Dan Brown Donates $337,000 to Digitize Ancient Works
Dan Brown has just donated $337,000 to Amsterdam’s Ritman Library, where he researched some of his best-selling novels, to help preserve its ancient works. The funding will assist in the digitization efforts of ancient texts and manuscripts. The comprehensive digitization project will be carried out by Picturae, a company specializing in making Dutch cultural heritage … [Read more...] about Dan Brown Donates $337,000 to Digitize Ancient Works
Chuck Palahniuk is making an adult coloring book
Chuck Palahniuk is a New York Times bestselling novelist and the author behind Lullaby and Fight Club. On October 25th he is going to release Bait: Off-Color Stories for You to Color, his first ever coloring book for adults, this fall with Dark Horse Books. The book will contain eight bizarre tales, illustrated in detailed black and white by Joëlle Jones (Lady Killer), … [Read more...] about Chuck Palahniuk is making an adult coloring book
In the last decade 25.7% of Publishing Jobs have been lost
Over the last ten years the publishing industry has shed almost 25.7% of their workforce. This is primarily due to the rise of e-books, consolidation and how efficient modern publishing has become. This chart reflects all jobs in the publishing industry, which includes general office staff and security guards. It is very likely that most of the lost jobs were due to Amazon … [Read more...] about In the last decade 25.7% of Publishing Jobs have been lost