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.
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… Read More Ranking America’s Largest Publishers
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… Read More Kobo Launches Kobo Plus in The Netherlands and Belgium
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… Read More Barnes & Noble Plunges After Worst Holiday Quarter in Decade
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… Read More Amazon Unveils First East Coast Bricks and Mortar
by The Japan Times The use of audiobooks is increasing steadily in Japan, providing a boon to the publishing industry, which is facing declining sales of ordinary books. Audiobooks already account for 10 percent of book sales in the United States and Europe. In the U.S., audiobooks, which started as cassette tapes to listen to… Read More Aided by Apps, Audiobooks Market Grows in Japan
by Publishers Weekly The New York Times has eliminated a number of bestsellers lists, although the exact number could not be confirmed Thursday morning. Cutting the various lists is part of an overall plan by the paper to revamp its coverage of publishing.