Publishers have always found themselves at loggerheads with makers of generative AI data models over their use of often copyrighted material for training of the AI models. Now, in a fresh new twist, the competition authority in France, Autorité de la Concurrence has imposed a fine of €250 million on Google for misusing news publishers’ data without consent of the publishers, … [Read more...] about France slaps Google with $270 million fine for misuse of news publishers’ data
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Major publishers are sabotaging the public library
Penguin Random House comprises the vast majority of ebooks published on a yearly basis and Macmillan and Hachette almost comprise of the rest. These companies have recently revised their contracts with the public library. Libraries will now have to purchase ebooks that are only good for two year contracts and then will have to devote the resources to see what books they want to … [Read more...] about Major publishers are sabotaging the public library
Publishers Should Lower The e-Book Price When The Paperback Is Released
Major publishers always release the hardcover and e-book at the very same time. The hardcover normally retails for anywhere between $25 and $35 dollars and e-book ranges from $12.99 to $19.99. Six months after the hardcover is on the market the paperback version is released and you can expect to pay anywhere between $9 and $12.99. One of the big problems the publishing industry … [Read more...] about Publishers Should Lower The e-Book Price When The Paperback Is Released
Major Publishers are Experiencing Lower e-Book Sales
A couple of weeks ago The Association of America Publishers proclaimed that over the course of 2015 e-book sales have decreased by 12.7%. Nielsen Bookscan have verified that these figures are mostly correct at the Book Expo America conference in Chicago. Unit sales of e-books published by traditional publishers fell 13% in 2015 compared to 2014, said Kempton Mooney of … [Read more...] about Major Publishers are Experiencing Lower e-Book Sales
Major Publishers ebook Revenue Continues to Plummet
Over the course of the last twelve months major publishers have all reported that e-book revenue has begun to plummet. This downward trend has continued into 2016, as HarperCollins, Simon & Schuster, and Hachette have all reported diminished revenue. Simon & Schuster has just released their quarterly financial results and e-book sales accounted for just 21% of total … [Read more...] about Major Publishers ebook Revenue Continues to Plummet
Major Publishers take e-book pirating seriously
Major publishers have begun to take e-book piracy very seriously, according to a new Google Transparency Report. In the past month, copyright owners filed requests for more than 65 million URLs to be removed from search results due to copyright infringement. That’s more than 15 million requests per week, up from around 200,000 requests per week when Google started disclosing … [Read more...] about Major Publishers take e-book pirating seriously
Why do Publishers Launch Websites?
Major publishers in recent years have been on a rampage trying to appeal to the YA audience. They have been setting up niche websites that are designed to sell books but also have a youth savvy editorial voice. Sadly, the vast majority of these sites are dead in the water a few months after launching or languish into obscurity. Are publishers doing the wrong thing with … [Read more...] about Why do Publishers Launch Websites?
Major Publishers Are Not Listening to Authors
The dream for many aspiring writers is to be picked up by a major publisher. This is often seen as the key to international distribution and being able to attain a fat advance in order to write a single or series of books. According to a recent report, there are many problems with traditional publishing and is driving authors to self-publish instead. One of the big problems … [Read more...] about Major Publishers Are Not Listening to Authors
Canadian Publishers Embrace e-Books
The Canadian publishing industry has been embracing digital in a big way. In a few short years almost everyone is putting out e-books the same day the print version is available. Booknet Canada released new information and the report states that the percentage of publishers producing e-books in 2014 increased slightly to 93% (vs 89% in 2013). Of those producing ebooks, close … [Read more...] about Canadian Publishers Embrace e-Books
Publisher Revenue Plummets as the Novelty of eBooks Wane
Major publishers are starting to see lower than expected quarterly results because of the novelty of the e-book has severely waned. Some of the largest publishers such as Penguin Random House and Simon & Schuster are facing tough times. Total profit dropped 5.6% at S&S and approximately 12% for Penguin. The lack of revenue is primarily attributed to the lack of … [Read more...] about Publisher Revenue Plummets as the Novelty of eBooks Wane
Should Amazon Play Nice with Hachette, Publishers?
An article appeared this past week in the New York Times that finally shows a bookseller and book industry professional doing something about Amazon. Instead of blog posts about the retail giant's underhanded ways or entire three-day conferences devoted to how publishers can bring down the largest online retailer their industry faces, one book shop is going about the … [Read more...] about Should Amazon Play Nice with Hachette, Publishers?
AAP Says eBook Sales Increased by 3.8%, But Indies Ignored
The Association of American Publishers has released the results of a survey which polled more than 1,200 US publishers on sales data, a hot topic among self-published authors, lately. According to the survey, ebooks sales in the adult trade fiction category increased in 2013 over 2012, up 3.8% to a yearly total of $1.3 billion. The organization says that this is a far cry from … [Read more...] about AAP Says eBook Sales Increased by 3.8%, But Indies Ignored
Is the Publishing Industry Wasting Its Time on Tablets?
One of the anticipated major trends of 2013, at least according to the companies showcasing their platforms at last January's Digital Book World event, was supposed to be online retail stores branded specifically to publishers and authors, essentially letting publishers cut out the retailer altogether when it can to ebooks, audiobooks, and other downloadable content. The move … [Read more...] about Is the Publishing Industry Wasting Its Time on Tablets?
Boundless Continues to Make College Education Affordable For Students
For the educational start up Boundless, the mission objective is simple: to provide college students with textbooks for free. No wonder it has already garnered the support of over a million loyal followers, which can easily be explained by concerns over the ever increasing costs of college textbooks, as the average estimated cost to the student is about $655 per year. While the … [Read more...] about Boundless Continues to Make College Education Affordable For Students