Ebook revenues continued to decline, dropping 8.9% and generated $80.0 million USD compared to October 2018. Audiobooks continued to be another bright spot for the industry, increasing 15.1% to $49.6 million compared to the same month last year. The Downloaded Audio format has seen at least some growth every month since AAP began tracking it in 2012.Total sales year to date … [Read more...] about eBook revenue declined 8.9% in October 2019
E-Book News
Here is the Kobo ebook report for 2019
Kobo is the largest audiobook and ebook company in Canada and they also have their entire range of e-readers available online and in bookstores such as Chapters Indigo. The company has just issued their new book report for 2019 and they found that Kobo users in Canada spent over 3200 hours reading. Ontario leads the provinces with over 735 million minutes spent reading in 2019, … [Read more...] about Here is the Kobo ebook report for 2019
Thousands of new books are now in the public domain
Thousands of new books are now in the public domain from 1924, after being copyrighted for 95 years. This includes classics like George Gershwin’s “Rhapsody in Blue,” Thomas Mann’s The Magic Mountain, W. E. B. Du Bois’s The Gift of Black Folk, Buster Keaton’s Sherlock, Jr. All of these titles and more will be available in ebook form on various online retailers and services such … [Read more...] about Thousands of new books are now in the public domain
The ebook revolution that did not come to pass
The 2010s will go down in the annals of history as the decade when everyone thought ebooks would kill print, but it never came to pass. Digital sales have stabilized and major publishers generate 20% of their quarterly revenue from ebook sales, audiobooks are on the rise, but represent a drop in the bucket when it comes to hardcover and paperback sales. What happened?When … [Read more...] about The ebook revolution that did not come to pass
EU Court of Justice claims selling used ebooks is illegal
Publishers all over Europe have been fighting Tom Kabinet since 2014 and the European Court of Justice has issued a ruling, reselling used ebooks is illegal. It is basically a violation of copyright law. Tom Kabinet stated that the first sale doctrine should apply to ebooks and users should be able to do whatever they want with them, after they are legitimately purchased. … [Read more...] about EU Court of Justice claims selling used ebooks is illegal
Germany is lowering the VAT on ebooks to 7%
Germany plans on lowering the VAT on ebooks from 19% to 7% starting in January. This VAT reduction was made possible by the passing of the VAT Directive from 2018, which created the possibility of equal tax treatment for printed and digital publishing products. Germany is the second country to officially announce a change to the VAT policy for ebooks. The Netherlands was the … [Read more...] about Germany is lowering the VAT on ebooks to 7%
Here are the GoodReads Choice Award Winners
Over the course of the past 11 years social media giant GoodReads runs a best books of the year campaign. 4.6 million votes were cast by die-hard readers who voted for the best books in 20 different categories. This year marks the ninth consecutive win for Rick Riordan, and the fourth consecutive win for Stephen King — both of whom are nine-time Goodreads Choice Awards … [Read more...] about Here are the GoodReads Choice Award Winners
2019 was a year of continued genre disruption on Wattpad
Wattpad, the global multi platform entertainment company for original stories, today released its 2019 Year in Review, a snapshot of the most interesting storytelling movements on Wattpad this year. Driven by a community of more than 80 million people around the world, 2019 saw readers and writers continue to promote important issues and social change via storytelling. … [Read more...] about 2019 was a year of continued genre disruption on Wattpad
Scribd intends on expanding into other markets
Scribd has just raised $58 million in capital from various companies, including Spectrum Equity. The last time they had a funding round was in 2015 and to date they have raised a total of $106 million in venture capital. Scribd has confirmed to Good e-Reader that they intend on using the money to hire more staff, expand into other markets and get access to a copious amount of … [Read more...] about Scribd intends on expanding into other markets
2 Polish publishers launch Inverso, an audiobook and ebook store
Two of the largest Polish publishers have just launched an online bookstore that sells audiobooks, ebooks and print titles. Prószyński i S-ka and Czarna Owca have just unveiled Inverso, which gives Polish readers a chance to buy all of the titles they are offering, with minimal friction.Prószyński publishes popular Polish writers, including Katarzyna Puzyńska, Maria … [Read more...] about 2 Polish publishers launch Inverso, an audiobook and ebook store
September was a great month for audiobooks, ebooks and print sales
This past September was a great month for books. Overall publisher revenue for the month was $1.54 billion, an increase of 8.4% as compared to September of 2018. Total sales in 2019 so far were $11.4 billion, an increase of 4.0% over the same period last year.Paper formats once again dominated Trade, accounting for $588.1 million, or 75.2% of the category’s $782.2 million … [Read more...] about September was a great month for audiobooks, ebooks and print sales
Big 5 Publishers Digital Lending and Purchase Models for Public Libraries
Public libraries in the United States, who have a audiobook and ebook collection, have to deal with all of the big five publishers. Each publisher has different terms and conditions, as well as pricing. This can create headaches for collection managers. Some books can 1200% more than what people pay on Amazon for the same title, while others expire after a certain number of … [Read more...] about Big 5 Publishers Digital Lending and Purchase Models for Public Libraries
