Sep 1 2011
Barnes & Noble reports that the majority of its ebook sales are agency priced books (which feeds nicely into my Sunday article about how the biggest winner of agency pricing was BN). BN announced its quarterly results two days ago. Total sales are up 2% to $1.4billion, driven by large increases at bn.com as a result of nook color and nook touch and “a quadrupling of digital content sales over last year’s first quarter.” In store sales decreased 3% for the year, particularly for books whereas in store sales of the Nook and toys and games are increasing. It’s selfpublishing section PubIT! is also experiencing strong growth. To wit: BN’s book orders from publishers will not be increasing in the near future. Source: Market Watch
- It launches a PDF challenger.
- You can now bother authors by typing @author and your comments/questions inside a Kindle book . These will be sent to participating authors.
- The 7″ AmTab is coming but the 10″ is delayed until 2012 says DigiTimes.
- 3 most popular channels for mass market paperbacks are supermarkets, Wal-Mart & independent bookstores
- Amazon readers’ preferred e-tailer increasing mkt share to 71.5% from 60.5% last yr
- e-books have been adopted by >15% of bookbuyers…many still want print. But some of the heavy readers r loyal to ebooks