Amazon Buys Goodreads.
By Rachel Deahl and Jim Milliot | Mar 28, 2013
Amazon has acquired Goodreads.com, a Web site featuring user-generated reviews of books. The purchase comes amid mounting rumors that Goodreads, which CEO Otis Chandler launched in 2007, might start selling books directly from its site.
Profits Jumped 75% at Random House.
Jim Milliot | Mar 26, 2013
Random House parent company Bertelsmann put a cap on a record year for the publishing house, announcing that worldwide revenue at RH rose 22.5%, to 2.14 billion euros, while operating EBIT skyrocketed [...]
Mexico’s Librerías Gandhi’s Aggressive Int’l E-book Expansion | Publishing Perspectives.
September 13, 2012, By Julieta Lionetti
In 1551, 12 years after Olaus Magnus designed his famous Carta Marina, Antonio de Espinosa — unknown to the World but adored in Mexico — cut [...]
Pearson Acquires Self-Publishing Vendor Author Solutions For $116 Million.
Pearson Acquires Self-Publishing Vendor Author Solutions For $116 Million By Calvin Reid Jul 19, 2012
In a move that can be traced to last year’s launch of Book Country, Penguin’s writer community and self-publishing venture, Pearson has acquired Author Solutions Inc.,one of [...]
Penguin and Macmillan Reject Price Fixing Charges.
By Andrew Albanese May 31, 2012
In separate filings this week, Penguin and Macmillan rejected charges that they colluded with other publishers to artificially inflate the prices of e-books. In responses to both the U.S. Department of Justice as well as a [...]
B&N Sales Rise, Earnings Fall; New Tablet Announced.
B&N Sales Rise, Earnings Fall; New Tablet Announced By Jim Milliot Feb 21, 2012
Total sales increased 5% in the third quarter ended January 28 at Barnes & Noble, to $2.44 billion, but continued investment in digital products dropped net income to $52.0 [...]
Jan 30, 2012 Via Estimate Puts Fire Sales at 6 Million. With Amazon set to release its fourth quarter—and year end—results Tuesday afternoon Stifel Nicolas analyst Jordan Rohan estimates that the company sold 6 million Kindle Fire tablets in the fourth quarter. Rohan had previously put the number sold at 5 million units. Rohan believes the [...]