Category Archives: Publishing News

“Screen Fatigue” Sees UK eBook Sales Plunge 17% as Readers Return to Print

by Mark Sweney at the Guardian

Consumer sales down to £204m last year and are at lowest level since 2011 – when Amazon Kindle sales first took off in UK

Britons are abandoning the ebook at an alarming rate with sales of consumer titles down almost a fifth last year, as “screen fatigue” helped fuel a five-year high in printed book sales.

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Amazon KDP Unveils Kindle Create Word Doc Conversion Tool

by Mercy Pilkington at Good e-Reader

If you’re a self-published author, writing your book is only half the battle. Some might even argue that it’s the easy part of being an author. Indies have been beaten over the head for years now about the need to hire professionals to take the manuscript and turn it into a book, with costs associated with editing, proofreading, cover design, formatting, and marketing.

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Rakuten Kobo Snaps Up Shelfie Book-Bundling Service

 

by Chris Meadows at TeleRead

Remember when book-bundling service Shelfie shut down in January, and Kobo stepped in to continue providing access to Shelfie ebooks until the end of February?

At the time, I wondered if that might be a precursor to Kobo snapping up Shelfie as it had snapped up the assets of a number of other defunct ebook store operations (including those of Sony, Blinkbox, Flipkart, Waterstones, and Sainsbury’s). Now, as it turns out, the answer is yes.

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The State Of The European EBook Market

by Michael Kozlowski from Good e-Reader

The European e-book market has been growing since 2007 when Amazon started selling the original Kindle. Over the course of the next ten years many companies have started to sell digital books, magazines and newspapers. Have you ever wondered what EU markets have the highest e-book penetration and how much the format is generating in revenue? Welcome to the state of the European e-book market.

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Hachette Partners with Wattpad to Produce Audiobooks

by Calvin Reid from Publishers Weekly

Wattpad, the online writing and reading community and entertainment platform, is partnering with the Hachette Book Group to launch Hachette Audiobooks: Powered by Wattpad, a joint venture that will produce 50 audiobooks based on Wattpad stories.

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Ranking America’s Largest Publishers

by Jim Milliot by Publisher’s Weekly

Anyone even remotely interested in book publishing knows who the Big Five trade publishers are—if not necessarily in what order they rank. For the record, Penguin Random House sold the most units through NPD BookScan outlets last year, followed by HarperCollins. Simon & Schuster was in third place; last week, S&S reported that its worldwide revenue was $767 million in 2016, down 1.8% from 2015. The Hachette Book Group was #4 in units sold in 2016, a total that includes units from the Perseus Books Group, which Hachette bought last March. Macmillan rounded out the top five.

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Kobo Launches Kobo Plus in The Netherlands and Belgium

by Kobo Newsroom

Toronto, February 22, 2017 – Booklovers from The Netherlands and Belgium will never run out of things to read thanks to Kobo Plus.

The new subscription service jointly created by Rakuten Kobo, leader in the digital eReading space, and premier online Dutch and Belgian retailer bol.com, offers readers the largest all-you-can-read selection of digital books in The Netherlands and Belgium, with titles ranging from new releases and bestsellers to classics and old favourites, including both Dutch and international titles. Customers can try the eBook subscription service free of charge for 30 days.

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Barnes & Noble Plunges After Worst Holiday Quarter in Decade

by Lauren Coleman-Lochner at Bloomberg

Barnes & Noble Inc. investors were bracing for weak results over the holidays. What they got was worse.

The bookstore chain posted profit of 96 cents last quarter, well below the $1.13 analysts estimated. And same-store sales — a closely watched benchmark — plunged 8.3 percent. That was the biggest holiday-quarter decline since 2005.

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Amazon Unveils First East Coast Bricks and Mortar

by Alex Green at Publishers Weekly

Amazon opened the doors to its first East Coast bricks and mortar bookstore on Tuesday. The 5,800 sq. ft. store, in Dedham, Mass., which is the first of the e-tailer’s physical stores featuring a cafe, is located at Legacy Place, a large commercial retail center ten miles from downtown Boston. The opening is part of Amazon’s nationwide push to open six physical bookstores by the spring. Once all six bricks and mortar locations are open, Amazon will have a total of nine stores across the country.

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