Your weekly publishing news roundup
Here’s our roundup of the recent publishing news as reported by many of the leading publishing blogs and news sites.
Sainsbury’s takes over Nook ebooks business in the UK
US bookstore chain Barnes & Noble are due to withdraw from the UK, handing the Nook eBooks business over to Sainsbury’s. B&N’s latest accounts show that its e-reader business is losing cash, with the business requiring cost-cutting to mitigate losses.
HarperCollins forms HarperCollins France:
HarperCollins has added another country to its international publishing network, HarperCollins France. Its focus will be publishing romance titles under the existing Harlequin imprint, as well as expanding its offering with more HarperCollins titles.
Sale of Perseus Books Group to Hachette and Ingram completed
The sale of the Perseus Books Group has been completed. It was announced in March that Hachette was acquiring the company’s publishing business, while Ingram Content Group was buying Perseus’ distribution arm.
The future of publishing is on your TV and in VR
According to Dan Patterson at TechRepublic:
“A decade ago smart phones, e-readers, and tablets helped save the publishing industry. Mobile devices broadened the market and diversified the types of content readers could devour. Today the market for phones and tablets has matured, and the living room has become the next frontier for publishing.”
Amazon to announce new kindle next week
“Amazon will announce a new version of its Kindle e-reader next week. In a tweet, Amazon’s founder and CEO Jeff Bezos said, “Heads up readers – all-new, top of the line Kindle almost ready. 8th generation. Details next week.”
Magazine apps are changing the way we consume media
“Increased use of tablets and smartphones mean that Generation Y want 24-hour accessible content and the convenience of being able to read their favourite magazine on the go. The publishing industry is rapidly having to adjust to accommodate this consumer behaviour and find ways to monetise it.”
Leading publishers begin testing micropayments
Last month, it was reported that in a bid to battle the impact of ad blocking on digital publishers, some are trying out micropayments as a method of monetisation. The list includes the New York Times, Washington Post, and Time.