Investors don’t want to hear that a retailer’s sales are down, so when Barnes & Noble had to explain to its backers and to industry analysts why comparable stores sales figures were down 8.3% over last year, the bookseller had some scapegoats to blame: coloring books and Adele. [More]
Bookstore chains like Borders and Barnes & Noble were among the first retailers to feel the sting of Amazon, with its vast variety of titles and speedy delivery times, not to mention its huge share of the ebook market. However, the online goliath doesn’t appear to be having the same diminishing effect on the number of independent bookstores. [More]
Using your eyes to read books? That’s so 2015, according to a new report that says audiobooks are becoming more and more popular while e-book sales have started to slide. [More]
You might want to take a close look at that hardcover copy of the first Harry Potter book, as some versions contain an error that makes them super rare, and pretty darn valuable. [More]
While rising prices are causing sales of e-books to slump, there’s another, somewhat unlikely challenger to the traditional print book throne: audiobooks, formerly known on family road trips as “books on tape,” have been outselling paper copies much of the time.
After years of struggling to maintain sales, Barnes & Noble may be looking to revamp its image, starting with smaller stores. [More]
Almost exactly a year after Amazon and book publisher Hachette entered a very public feud over an e-book pricing dispute, the mega online retailer is reportedly on the cusp of engaging in a new battle with the world’s largest book publisher, Penguin Random House. [More]
Being the first to try something new cost one guy just $27.95 and got him not only the book he ordered but his name on a building. The first non-company Amazon.com customer spent less than $30 on April 3, 1995 on Fluid Concepts And Creative Analogies: Computer Models Of The Fundamental Mechanisms Of Thought by Douglas Hofstadter, and now his moniker is splashed on the edifice of one of the company’s buildings in Seattle.
When Oyster launched in 2013, it claimed to be the e-book version of Netflix, offering customers an all-you-can-read lending library of around 100,000 books for a monthly subscription of $9.95. A year and a half later, the company seems to have realized that a buffet of sometimes unheard of books isn’t exactly what consumers are looking for. So in an attempt to bring the latest and greatest titles to readers, the company now plans to secure its foothold in the e-book market with the launch of a retail component aimed to compete with Amazon, Apple and other online booksellers. [More]
They say you shouldn’t judge a book by its cover, but that seems to be exactly what Walmart is doing when it comes to the soon-to-be released memoir from UFC women’s bantamweight champion and Olympic medalist Ronda Rousey. [More]
Amid the Fifty Shades of Grey movie hooplah maybe you’ve found yourself grumbling, “I could’ve written that book.” Sure, maybe, but it’s not just you — there’s a text generator out there right now that does a pretty damn near perfect impersonation of the series. Wait — robots are doing literature (and I use that term lightly) now? ARE WE ALL DOOMED? We chatted with the programmer behind the new Fifty Shades of Grey text generator tool to find out.
Almost five years after the release of The Boy Who Came Back from Heaven, publisher Tyndale House says it’s yanking the book from shelves immediately. This, because the “boy” and co-author of the tome, Alex Malarkey, says the book is literally malarkey because he didn’t die and thus, did not go to heaven.
While all of its alleged co-conspirators have settled and begun the process of atoning for the price-fixing sins they have not legally admitted to committing, and even though it was found guilty of its part in the arrangement in 2013, Apple is still fighting to clear its name. Today, the electronics company once again squared off against federal prosecutors, trying to make the claim that Apple was actually trying to help break up Amazon’s monopoly on e-book pricing. [More]