The future for books in retail stores is not unified; it’s dispersed. To the extent that there continue to be bookstores (and although shelf space in them will continue to decline inexorably, they’ll also be around for years to come), the bookstores will increasingly be more about books for reading and less about books for […]
An innocent story with dramatic implications
It’s a holiday weekend in America, but they’re working in the UK. A story posted by The Bookseller today really caught my eye. It says that Hachette UK is seeing “nearly half” of its sales taking place online. The report, built around data provided in an annual letter by CEO Tim Hely Hutchinson to authors, […]
Stats are often hard to interpret in our business
Stats are often hard to interpret in our business. The reported data comes, of course, after the fact (you can’t report things before they happen) and is often aggregated in ways that don’t tell us what we really need to know. So I tried an exercise last week of asking a few agents for their […]
B&N results are disappointing, and one wonders if prior success with NOOK might deserve part of the blame
Barnes & Noble announced some holiday sales results this morning and they were universally disappointing. Overall sales are down. Same-store and online sales (the year-to-year comparables) are down 8.2%, while total sales are down 10.9% (because they have closed more stores than they’ve opened.) NOOK sales were down 12.6% for the holiday period. Digital content […]
What to watch for in 2013
Although “digital change in publishing” has a year that lags the calendar year and this year won’t “end” until we have a read on how post-Christmas ebook sales were affected by the new devices consumers got for Christmas, the dropping of the ball in Times Square is the signal most of us respond to when […]
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