E-Reading Rainbow: Hachette to bring entire e-book catalog to public libraries

If you’re still balking at the cost of download-to-own e-books, and would rather stick to the tried-and-true library lending system , then this Hachette news is for you. Come next Wednesday, the entirety of Hachette’s ebook catalog — over 5,000 titles — will be made available to nonprofit libraries throughout the US. The announcement and finalized pricing model follows two years worth of pilot testing, during which the publisher examined ebook consumption and lending habits at select libraries. Under the currently set terms of sale, e-books that bow in tandem with print editions will run three times the price of their physical counterparts for “single-user-at-a-time circulations, ” with prices falling to just one and a half that of the hard copy one year later. By Hachette’s own admission, this pricing scheme is not entirely set in stone — the company plans to continually reevaluate the model on a per-year basis. So, there’s hope yet the publisher will gouge libraries a bit less for the perks of e-borrowing. Comments

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E-Reading Rainbow: Hachette to bring entire e-book catalog to public libraries

AAP reports e-books now account for over 22 percent of US publishers’ revenue

It’s well off the triple year-over-year growth that e-books saw a few years ago , but the latest report from the Association of American Publishers shows that e-books did inch up even further in 2012 to account for a sizeable chunk of overall book sales. According to its figures, e-books now represent 22.55 percent of US publishers’ total revenue — up from just under 17 percent in 2011 — an increase that helped push net revenue from all book sales up 6.2 percent to $7.1 billion for the year. As the AAP notes, this report also happens to mark the tenth anniversary of its annual tracking of e-book sales; back at the beginning in 2002, their share of publishers’ net revenue clocked in at a mere 0.05 percent. The group does caution that the year-to-year comparison back that far is somewhat anecdotal, however, given changing methodologies and definitions of e-books. Comments Via: The Next Web Source: AAP

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AAP reports e-books now account for over 22 percent of US publishers’ revenue

Amazon Q3 2012 earnings: $13.18 billion revenue, net loss of $274 million

Amazon has just released its earnings for the third quarter of the year and it looks like it’s slightly off analysts’ expectations. The company reported $13.18 billion in revenue (a growth of 27 percent) and an operating loss of $28 million, with net income standing at a loss of $274 million. As Amazon notes, though, a chunk of that, some $169 million, comes from losses resulting from its investment in LivingSocial — it says the figure is “primarily attributable to its impairment charge of certain assets, including goodwill.” Expectedly, the company still isn’t offering any specific numbers for device sales, noting only that the Kindle Fire HD is the number one selling product across Amazon worldwide, and that the next two bestselling products worldwide are the Kindle Paperwhite and the $69 Kindle. As for its outlook for the next quarter, the company is expecting net sales of between $20.25 billion and $22.75 billion, and operating income of anywhere from a loss of $490 million to a profit of $310 million. You can find the company’s full breakdown of all the numbers at the link below. Continue reading Amazon Q3 2012 earnings: $13.18 billion revenue, net loss of $274 million Filed under: Tablets , Internet , Amazon Amazon Q3 2012 earnings: $13.18 billion revenue, net loss of $274 million originally appeared on Engadget on Thu, 25 Oct 2012 16:07:00 EDT. Please see our terms for use of feeds . Permalink    |  Amazon  |  Email this  |  Comments

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Amazon Q3 2012 earnings: $13.18 billion revenue, net loss of $274 million