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Tag: "Publisher’s Weekly"

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Pew Says Ownership of Tablets and E-Readers Doubled Over the Holidays

Pew Says Ownership of Tablets and E-Readers Doubled Over the Holidays

The Pew Internet and American Life Project today released a ”mini-report” on the adoption of tablets and e-readers that found the number of Americans owning tablets and e-readers nearly doubled over the holidays. The bottom line numbers represent phenomenal growth in consumer device adoption: from mid-December 2011 to early January 2012, the number of Americans owning a tablet computer rose to 19% from [...]

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Powell’s To Get Espresso Book Machine

Powell’s To Get Espresso Book Machine

  Powell’s Books, one of the country’s largest and most successful bookstores, will launch its Espresso Book Machine in March at its City of Books flagship store location in Portland, Ore. “We are excited to offer this service to our customers, expanding our vast inventory at the City of Books location from one million volumes [...]

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Kobo Posts Record Holiday Season

Kobo Posts Record Holiday Season

Kobo Posts Record Holiday Season. Kobo has released its sales numbers for the holiday season, posting record highs. There was ten-fold increase in new customers from the company’s pre-holiday period, and the total number of registered users nearly doubled from six weeks prior. There was a 500% increase in e-gifting from November to December, and [...]

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Barnes & Noble May Spin Off Nook Business

Barnes & Noble May Spin Off Nook Business

Barnes & Noble May Spin Off Nook Business. Barnes & Noble could be a very different company one year from now. Following a report in Wednesday’s Wall Street Journal that B&N is looking to sell Sterling Publishing (a process that a source told PW “is moving along”), the company disclosed Thursday morning that it is considering spinning off its [...]

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Amazon Announces New Kindle Format 8 for Graphics Rich eBooks

Amazon Announces New Kindle Format 8 for Graphics Rich eBooks | ITProPortal.com. Online retail giant Amazon has introduced a new web based format for eBooks on its Kindle e-reader device, which brings enhanced resolution for comics and children books on the device. With the new Kindle Fire tablet device, Amazon is rolling out the Kindle [...]

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Lombardi Resigns as Barnes & Noble CFO

Lombardi Resigns as Barnes & Noble CFO

Lombardi Resigns as Barnes & Noble CFO. Joe Lombardi has resigned as chief financial officer of Barnes & Noble after nine years. He will remain with B&N as a “non-officer employee” until mid-2012 to assist in the transition to a new CFO. Until a permanent replacement is found Allen Lindstrom, v-p, corporate controller, will serve [...]

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Liberty to Invest $204 Million In B&N; Ends Acquisition Talks

Liberty Media’s long courtship of Barnes & Noble ended Thursday afternoon with the company agreeing to invest $204 million in the retailer through newly issued convertible preferred stock. The agreement fell far short of the much-discussed purchase of B&N by Liberty and it was unclear if all of B&N’s shareholders, most notably Ron Burkle, will [...]

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iBooks: No iTunes When It Comes to Dominating the Market

iBooks: No iTunes When It Comes to Dominating the Market

Want an e-book version of the nation’s bestselling nonfiction hardcovers? Don’t bother looking on the iBookstore. Apple still hasn’t struck a deal with Random House, publisher of George W. Bush’s Decision Points and Laura Hillenbrand’s Unbroken. For now, iPad users who want to get any of Random House’s bestsellers — which also include John Grisham’s The Confession and [...]

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Amazon Enables Kindle Book Gifting

Amazon Enables Kindle Book Gifting

Amazon announced this morning that customers can now purchase Kindle books as gifts for anyone with an email address, whether or not they own a Kindle device. To give a Kindle book as a gift, you just find the book on Amazon, select “give as a gift,” input the email address of the person you’d [...]

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BEA Hosts Facebook Webinar

BEA Hosts Facebook Webinar

BookExpo America is hosting its first webinar on December 7 from 12:00 PM to 1:00 PM EST. Facebook: Driving Traffic with Tips, Tactics and & Applications for Publishers and Authors will address ways publishers can connect with readers. Social networking expert Mari Smith, who coauthoredFacebook Marketing an Hour a Day (Wiley), and publishing vet Cindy [...]

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Bookstore Sales Fall 7.7% in September

Bookstore sales had their worst month of 2010 in September, with sales down 7.7%, to $1.51 billion, the U.S. Census Bureau reported this morning. The September decline follows a 6.5% drop in August and resulted in a 2.6% decline in bookstore sales, to $12.31 billion, for the first nine months of the year. For the [...]

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Apple Now Selling iBooks Gift Cards

Apple Now Selling iBooks Gift Cards

Apple has begun selling spiffy iBookstore gift cards at its retail stores and at retail partners like Target, where iTunes gift cards have long been available,reports MacRumors. The cards are available in $25 and $50 denominations.  Clearly Apple is hoping to cash in on the holiday gift-giving season with its newest e-commerce venture. Apple Now [...]

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Borders and B&N Partner with ShopRunner

Borders and B&N Partner with ShopRunner

With Wal-Mart offering free shipping through the holidays, it’s clear that retailers are trying to remove potential impediments to online shopping this holiday season. Both Borders and Barnes & Noble will also provide free two-day shipping, but through ShopRunner. The new membership program charges consumers an annual fee of $79, equal to Amazon Prime, and [...]

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Walmart to Sell Kobo Reader; Is a Color Nook Coming from B&N?

Walmart to Sell Kobo Reader; Is a Color Nook Coming from B&N?

After announcing plans to start carrying Barnes & Noble’s Nook e-reader, Walmart is now adding another digital reader and will begin selling the Kobo wireless e-reader next week at 2,500 U.S. Walmart stores. Kobo CEO Mike Serbinis said the Kobo reader has already been selling through Walmart Canada and the device (which sells for $140 [...]

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Latest Kindles Fastest Selling Ever Amazon Says in Record Quarter

Latest Kindles Fastest Selling Ever Amazon Says in Record Quarter

Amazon posted its usual big jump in top line sales, with the third quarter revenue increasing 38.7%, to $7.56 billion, while net income rose 16%, to $231 million. The largest gains came in its electronics and other general merchandise segment where sales rose 68% overall and 80% in North America. The segment, which benefited from [...]