TikTok is joining forces with the National Literacy Trust (NLT) to “BookTok bookshelves” in UK cities lacking in literary provision. These areas include 11 cities like Birmingham, Blackpool, Bradford, Doncaster, Manchester, Middlesborough, Newcastle, Nottingham, Peterborough, Stoke and Swindon that will get 20 BookTok Bookshelves starting with around 100 books each. TikTok … [Read more...] about TikTok Bookshelves to Open Across UK
UK
UK Audiobook Segment Records 24% Revenue Growth Last Year
Audiobook downloads in the UK between 2022 and 2023 have increased by 17 percent, The Guardian reported citing data from the Publishers Association. The total number of audiobooks downloaded during the period has jumped from 50 million to 59 million during the period. This has contributed to a 24 percent growth in revenue to £206m in 2023. Total publishing revenue in 2023 made … [Read more...] about UK Audiobook Segment Records 24% Revenue Growth Last Year
UK audiobook industry riding a sonic surge in consumer demand
In a recent revelation from Nielsen BookData’s Books & Consumers survey, the audiobook market in the UK is experiencing a remarkable upswing. The survey uncovered a noteworthy 6 percent surge in volume and an impressive 12 percent boost in the value of audiobooks during the initial seven months of 2023, as reported by the Bookseller. If these upward trends persist, … [Read more...] about UK audiobook industry riding a sonic surge in consumer demand
British parliament claim 20% VAT on audiobooks unfair and discriminatory
Calls are intensifying for the Government to abolish the 20 percent tax imposed on audiobooks, as campaigners argue that it unfairly impacts individuals with visual impairments, express reported. Prominent charities, influential Conservatives, and key figures in the literary community are urging the Government to grant audiobooks the same zero-VAT status enjoyed by physical … [Read more...] about British parliament claim 20% VAT on audiobooks unfair and discriminatory
Nielsen BookData reports slight decline in e-book sales in the UK in 2022, audiobook growth slows
Nielsen BookData’s Consumer 2022 presentation at the London Transport Museum has revealed a slight decline in the UK book market in 2022. According to the research, UK consumers bought 348 million books last year, a decrease from the pandemic-boosted highs of 2020 and 2021, with volume and value down by 4 percent to 5 percent compared to 2021. However, the report shows that … [Read more...] about Nielsen BookData reports slight decline in e-book sales in the UK in 2022, audiobook growth slows
Amazon titles on offer for 99p for World Book Day in the UK and Ireland
The first Thursday of every March is celebrated as World Book Day in the UK and Ireland. The event is marked to promote the culture of reading among children. On this day, every child on full-time education in England and Ireland is provided a voucher meant for spending on books. Now, as the Mirror reported, Amazon too is celebrating the event by offering popular Kindle titles … [Read more...] about Amazon titles on offer for 99p for World Book Day in the UK and Ireland
E-Book sales decline in the UK
The sale of e-books from the Big Six publishers in the UK has come down by 8.3 percent in 2022, BooksandPublishing reported citing a report on Bookseller. In terms of volume, that turns out to be 43.6 million e-books that were sold last year. That made for the lowest sales registered since 2017 and the second lowest it has ever been since the Bookseller began collecting annual … [Read more...] about E-Book sales decline in the UK
Audiobook sales plummet in the UK amid rising cost of living concerns
Audiobook sales in the UK have been found to have slowed down a bit in the first half of 2022, BooksAndPublishing reported citing a Nielsen BookData report. According to the report titled Understanding the UK Audiobook Consumer that Nielsen conducted with inputs from 2000 adults, it concluded that audiobook sales in the UK would stabilize to around 27 million units in 2022, … [Read more...] about Audiobook sales plummet in the UK amid rising cost of living concerns
E-Book sales in the UK drop to the lowest since 2012
The United Kingdoms love affair with e-books seems to be over. The country reported a sharp dip in e-book sales last year which, the Bookseller said quoting a report from Nielsen BookData is the lowest it has been since 2012. It is 80 million e-books that were downloaded in 2021 which makes for a significant drop from the 95 million e-books which were downloaded in 2020, which … [Read more...] about E-Book sales in the UK drop to the lowest since 2012
How TikTok is helping boost book sales in the UK
The UK reported a record £6.7bn revenue from book sales, both print, and e-books in 2021, which makes for a 5 percent jump in revenue compared to the preceding year, The Guardian reported. While that is a good thing, much of which can be attributed to the pandemic, the other really surprising aspect here is the manner the social media platform TikTok is contributing to the … [Read more...] about How TikTok is helping boost book sales in the UK
Publishers Association in the UK are happy with Brexit Deal
With a trade deal between the UK and EU finally, in place, the Publishers Association in the UK has heaved a sigh of relief as this will ensure uninterrupted trade with the European Union. The UK government and the European Union had time till December 31, 2020, to finalize the terms of the new relationship between them as the transition period comes to an end. As per the … [Read more...] about Publishers Association in the UK are happy with Brexit Deal
Kobo is beginning to charge 0% VAT in the UK for ebooks
The UK government announced last week that they have reduced the VAT on ebooks from 20% to 0% seven months early. This was done because of the whole virus pandemic and people are self-isolating at home and reading more. Amazon quickly announced that they were in the process of discounting all of their ebooks and digital magazines, so people would be paying less. Today, Kobo … [Read more...] about Kobo is beginning to charge 0% VAT in the UK for ebooks
Amazon reduces the price of ebooks in the United Kingdom
Amazon is in the process of reducing the price of all Kindle ebooks sold in the UK. This is due to the elimination of VAT on digital magazines, newspapers and ebooks. The UK government originally was poised to launch the reduction in December, but have pulled the trigger seven months early, due to the pandemic. Amazon has just rolled out the new pricing on ebooks and … [Read more...] about Amazon reduces the price of ebooks in the United Kingdom
The United Kingdom is getting rid of Tax on ebooks
The UK has just passed a resolution that will eliminate all VAT on ebooks and digital newspapers on December 1st 2020. The old 20% tax on these types of content will be completely abolished, but for some reason audiobooks will still be charged the old tax rate. Physical books and periodicals have been exempt for a very long time. In October 2018, the EU allowed member states … [Read more...] about The United Kingdom is getting rid of Tax on ebooks