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Chapters Indigo Remains Profitable
by Michael Kozlowski
24 Jun 2017 at 12:57am
The largest bookstore in Canada is doing quite well and they have zero debt. Earlier in the month Indigo Books and Music released their financial data for the past year and they reported that total revenue increased by $26 million or 2.6% compared to the previous year which was a 53-week reporting period. On a [...]

Barnes and Noble Stock Continues to Soar ? Rumors of Buyout Persist
by Michael Kozlowski
23 Jun 2017 at 10:56pm
Barnes and Noble announced their latest financial results on Thursday and their stock rallied 7.85% due to smaller-than-expected quarterly loss. The booksellerreported that total sales were $821 million for the quarter and $3.9 billion for the full year, decreasing 6.3% and 6.5% over the prior year periods, respectively. Comparable store sales declined 6.3% for both [...]

Kobo Plus is doing tremendously well in the Netherlands and Belgium
by Michael Kozlowski
23 Jun 2017 at 3:20pm
Kobo Plusis an unlimited e-book subscription program that launched in the Netherlands and Belgium back in February. When Plus first came online you could subscribe for ? 9,99 per month and have access to 40,000 titles, 16,000 of which are in Dutch. Over the course of the past five months things have been really quiet, [...]

Audible is offering a 1 year membership for $99
by Michael Kozlowski
23 Jun 2017 at 2:14am
Audible really wants people who cancelled their subscription to sign up again. The Audiobook company is running a 1-Year Audible Membership with 12 Credits for $99.99 promtion. This is a tremendous savings because the normal price is $149.50. This is a limited time offer and will expire on June 28, 2017. After the first year [...]

Hoopla adds 15,000 HarperCollins eBooks to their catalog
by Michael Kozlowski
22 Jun 2017 at 5:56pm
Hoopla has just signed an expanded agreement with HarperCollins, which will add more than 15,000 eBooks within the next two weeks. With this content agreement, patrons of participating libraries will have access to the HarperCollins global English Language catalog of acclaimed authors ? which includes titles from HarperCollins Christian Publishing, HarperCollins UK and Harlequin. This [...]

B&N Nook Sales Decreased by 24% in 2017
by Michael Kozlowski
22 Jun 2017 at 1:03pm
Nook sales decreased approximately 24% for both the quarter and the full year on lower content volume, as well as lower device sale. Both, digital content and ecommerce sales benefited in the current year from the Apple eBook settlement and customers using their credits. One thing that was surprising about their latest financial figures was [...]

OneClickDigital and Zinio merged into a single app ? RBdigital
by Michael Kozlowski
22 Jun 2017 at 6:00am
Recorded Books and RBmedia have just launched a new app called RBdigital, which brings together OneClickDigital and Zinio for Libraries into a singular app for Android and iOS.To make it as easy as possible for libraries to adopt the new app, Recorded Books also offers live training webinars to get new users up to speed, [...]

The Sony DPT-RP1 is Sold Out on Amazon
by Michael Kozlowski
22 Jun 2017 at 3:11am
The Sony DPT-RP1 13.3 inch e-reader has been available to pre-order for the past few weeks and it started shipping out via Amazon on June 20th.It looks like Sony underestimated the demand for this new product and it is already sold out. I think this bodes well for Sony who has delivered a solid second [...]

Things to keep in mind with Barnes and Noble
by Michael Kozlowski
21 Jun 2017 at 7:50pm
Barnes and Noble will be releasing their quarterly earnings report tomorrow and there will be a ton of doom and gloom regarding their ailing Nook division and sagging bookstore sales. The company does have a few bright spots that few people consider. Barnes & Noble operates 634 stores in 50 states in addition to its [...]

Amazon Announces the Best Books of 2017
by Michael Kozlowski
21 Jun 2017 at 1:21pm
The Amazon Editors have announced their favorite books that have been released between January and June 2017 ? offering readers a mid-year look at the best books. These lists are important because it helps discover books you likely have not heard of before. ?We love looking back on the past six months to give our [...]

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