When it comes to the future, nothing is certain. What is clear about the past, however, is that Barnes & Noble has been having a rough summer.
The company had a bad earnings report followed by the announcement of a plan to shutter its homegrown tablet business. Then it jettisoned its CEO.
So, what’s next? According to one observer, the best option might just be to divest Nook to Microsoft (assuming that’s an option) and focus on managing the decline of the bricks-and-mortar retail operation.
With fairly strong EBITDA numbers in its last fiscal year (the retail and college bookstores netting nearly half a billion dollars in profit), it might not be a “decline” that needs managing. A slowdown in the U.S. in the growth of the ebook business and the deterioration of the print book business means it might just be the right time for bookstores to make a little bit of a comeback.
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Understanding Amazon’s Algorithms (The Book Designer)
Amazon, like Google, is a search engine. It runs on many of the same principles as Google’s search engine does with some slight differences. Dig in.
Inkling Raises $16 Million, Signs New Deals (DBW)
Ebook production platform and sales network Inkling raised $16 million in Series C funding and announced a spate of new deals with massive publishers as well as new hires.
New CEO of Simon & Schuster UK and International (DBW)
Ian Chapman has been promoted to the position of CEO and publisher of Simon & Schuster UK and International. The former role is one he’s held since 2000 as CEO and managing director; the latter is new although he has been taking on more international responsibilities since 2010. More S&S people moves.
Byliner Wants to Help You Kill Time (paidContent)
The short-form content publisher has a new iPad app that helps you find something to read based on how much time you have to do it.
Agent-Assisted Publishing, From the Author’s Perspective (Pub Perspectives)
Author Ro Cuzon was a high-school dropout. He learned everything he’s learned about writing and being an author from his agent, Adam Chromy of Moveable Type Management. Here’s his story of agent-assisted publishing. Related: How Close Can Today’s Agent-Author Relationship Be? | What Authors Want From Agents in the Era of Self-Publishing.
The ‘Other’ Ebook Pricing Problem (HuffPo)
In all the hoopla concerning the outcome of the much-watched ebook price-fixing trial earlier this summer, has the industry forgotten about what’s happening with library ebook pricing?
When Print Meets Digital (DBW)
We always find it interesting when enterprising start-ups find ways to mash up print and digital that haven’t yet achieved commercial success. This latest one is a device that you attach to a print children’s picture book to give it read-aloud functionality.
BAM Goes POD (DBW)
Books-A-Million is experimenting with a print-on-demand Espresso Book Machine in one of its Portland, Maine stores.
Sony Breaking Bad Ebook Only Available at iBooks (DBW)
Sony Pictures Classics has released its first ebook, an extension of its popular Breaking Bad brand. The ebook is only available in iBooks, according to a spokesperson.
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