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While revenue from ebooks was up 35% at Penguin, overall sales were down 1% compared to the third-quarter in 2011.
From Penguin parent Pearson’s third-quarter earnings note:
At Penguin, sales were down 1% compared to 2011 with the third quarter benefiting from ebooks revenue up 35% on 2011, and, as expected, a stronger publishing schedule. Key titles
1087 readersThat’s what The Bookseller is reporting. Penguin’s ebook sales doubled in the first quarter of 2011 as compared to the 1st quarter of 2010. … Penguin UK c.e.o. Tom Weldon predicted that e-books would make up 4% of Penguin sales in 2011, up from 1% on average in 2010. Penguin also announced at that time
1491 readersAmazon.com, Inc. announced its fourth quarter results today, counting a 36 percent rise in net sales and an eight percent increase in net income compared to the same period last year. Net sales totaled $12.95 billion for the quarter.
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201 readers
In its third quarter results released today, Legardere that its U.S. books subsidiary Hachette Book Group digital represented 20% of overall revenues in the quarter.
More details and highlights from the earnings announcement below:
Lagardère released its results for third quarter 2012 today. Highlights of the company’s performance are as follows:
At Lagardère: The Lagardère group’s activity “held
1071 readers
From The Guardian:
Pearson has reported a 72% surge in pre-tax profits to £1.15bn for 2011, with ebook sales at Penguin more than doubling and profits at FT Group, home to the Financial Times, up by about a quarter.
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Total revenues across the group, which includes book publisher Penguin and educational holdings, grew 4% to £5.9bn. Within this total digital
352 readers
Amazon chief Jeff Bezos revealed today that eBooks is now a multi-billion dollar category for the company and was up approximately 70 percent from last year. “In contrast, our physical book sales experienced the lowest December growth rate in our 17 years as a book seller, up just 5 percent,” he stated.
Amazon reported its earnings
3143 readersThat’s the report in The Bookseller. E-book sales accounted for over 8% of Pan Macmillan’s trade sales in the first quarter of 2011, with the publisher predicting a rise to up to 10% by the end of the year. … Pan Macmillan’s rate of e-book sales has increased 15-fold, when comparing quarter one 2011 with
568 readers
It’s official: electronic Kindle books are now outselling paperbacks on Amazon, marking a major milestone in the publishing industry.
The news was revealed in Amazon’s fourth quarter earnings report, and comes just six months after the company announced that e-books were outselling hardcovers.
In a statement, CEO Jeff Bezos said, “Last July we announced that
358 readers
It’s official: electronic Kindle books are now outselling paperbacks on Amazon, marking a major milestone in the publishing industry.
The news was revealed in Amazon’s fourth quarter earnings report, and comes just six months after the company announced that e-books were outselling hardcovers.
In a statement, CEO Jeff Bezos said, “Last July we announced that
1084 readersAmazon reported its fourth quarter earnings today and revealed that its net sales increased 35% to $17.43 billion compared with $12.95 billion in fourth quarter 2010.
The company attributed the growth to Kindle sales. According to the press release, “during the nine-week holiday period ending December 31, 2011, Kindle unit sales, including both the Kindle Fire and e-reader devices, increased