A Vote of Confidence for Ebook Subscription Services?

oysterYesterday ebook subscription start-up Oyster announced that it had eclipsed the 500,000 title mark and added 500 new publishers to its catalog. But it’s one publisher in particular that made the announcement interesting – and it’s not a new one.

HarperCollins, among the world’s largest publishers the only one to work with Oyster, has decided to add another 10,000 of its titles to the service, to which users pay $9.95 a month for all-you-can-read access.

The company’s founder and CEO contends that this means HarperCollins is happy with the service and is comfortable getting more deeply involved with it.


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Divergent, Ebooks Drive Gains at HarperCollins (DBW)
Revenues and profits rose sharply at HarperCollins in the third quarter due to the success of the Divergent series, which sold eight million units in the quarter, and ebooks in general.

Sales Down at HMH in the First Quarter (DBW)
Trade sales and profits took a hit at the publicly traded, billion-dollar publisher.

Sales Up and Profits Down at Bertelsmann (Pub Lunch)
Penguin Random House parent Bertelsmann reported 8.5% sales growth in the first quarter of 2014 versus the same quarter a year ago. At the same time, profits decreased by more than a third.

Revenues Down at Simon & Schuster (WSJ – Press Release)
Sales were down 11% at the publisher in the first quarter of 2014 and ebook revenues made up 29% of sales.

Sony’s Ebook Retreat and Brief History (Forbes)
Once a pioneer in ebook and e-reader sales, Sony has all but exited the business with only its Japan operation remaining of what was once a worldwide concern.

Cengage, Big Data, Education Tech (DBW)
Cengage Learning has partnered with tracking software company Celebrus to learn how users interact with its offerings

Barnes & Noble to Expand College Store Network (Reuters)
The company plans on adding 300 locations to the 696 it currently has to get near 1,000 total in the next five years.

Connecticut to Create Library Ebook Distribution Network? (Republican American)
A bill is before Connecticut governor Dannel P. Malloy that would allow the state’s libraries to create a distribution network to share ebooks among the state’s library branches.

Publishers After Books (Pub Perspectives)
Book publishers are pretty good at making and selling books, but what if that’s not what people want anymore? What then?


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