Storytel finally launches in Brazil, hard on the heels of the low-key Confama partnership in Colombia

Later than anticipated, Storytel finally launches in Brazil in what it its second full country presence in Latin America, but its third operation in the region if you count the partnership with Confama in Colombia. And by extension Storytel’s 18th full country presence, or 19th if Colombia is counted. It would seem that for now Read More …

Canongate’s “rewarding year” with “record breaking backlist sales” and ebook, audio, and global sales all rising is part of a bigger picture

After several years of ebook sales “plateauing” as publishers increased ebook prices to avoid cannibalizing print sales, and audio grabbing the headlines as the only digital format that mattered, ebooks have been gradually edging their way back into the publishing news. This week comes an announcement from the UK’s Canongate that ebook sales were up Read More …

Asia Foundation launches Let’s Read Project in Myanmar

Let’s Read is an initiative by the Asia Foundation to bring the joy of reading to children across Asia who otherwise do not have easy access to books. In many parts of the world “book scarcity” is a major obstacle to social development and literacy because young children who might otherwise learn to read simply Read More …

VIMN launches Nickelodeon ebook subscription service BooKids in France

Launching with 200 titles, and aiming to add ten new titles each month, BooKids by Nickleodeon is a new ebook subscription service from Viacom International Media Networks. Costing US$7.60 (€6.99) per month and available on Android and iOS and also as an add-on through VIMN’s pay-TV partners, BooKids by Nickelodeon, provides mobile subscribers with access Read More …

StreetLib-TNPS deliver an online presentation on Ghana’s digital publishing opportunity to mark the Ghana International Book Fair

The Ghana International Book Fair is underway in Accra, and to mark the event, TNPS and parent company StreetLib have produced an updated version of our March presentation on the African digital opportunity, geared to the Ghana publishing industry. TNPS is not a promotional vehicle for StreetLib services, but occasionally StreetLib news and joint StreetLib-TNPS Read More …

De Marque acquires Feedbook assets including the Feedbook digital books catalogue for $0.25 million, taking De Marque to 1.4 million titles

Paying just 230,000 euros (US$ 254,000) for the assets of the collapsed ebook store Feedbooks, the Canadian digital distributor De Marque has at a stroke just added 900,00 titles to its catalogue. There’s more to this story than at first meets the eye, so let me start with, at some length, the upbeat press release Read More …

OverDrive’s Sora digital reading app for schools had 5.5 million checkouts in its first year, and saw reading time double in six months

This is a remarkable story that blows apart the faux narratives that smartphones are destroying the reading habit and that kids don’t read digitally. Yes, of course kids love printed books, and long may they continue, but printed books have production and distribution costs as well as practical issues of accessibility (everything from fixed font Read More …

Dash – a new digital-first commercial fiction imprint – launching from Orion this autumn

Commissioning editor Victoria Oundjian will lead Dash, a new digital-first commercial fiction imprint from Hachette-owned UK publisher Orion, with the aim to, connect readers with stories, fast. All fiction genres are up for submissions  (dashdigital@orionbooks.co.uk) and authors are being sought across the English-speaking world. The Bookseller reports that the first title for the new imprint, Read More …

IPA announces first ever Middle East Publishing Seminar for September, with a strong focus on digital

“Read. Empower. Transform: The role of reading for the future of the Arab world” is the title of a newly announced two-day IPA (International Publishers Association) Regional Seminar that will be taking place in the Jordanian capital Amman Sept 30-Oct 1. Organised in conjunction with the Union of Jordanian Publishers the event, described as “the Read More …

Russia’s LitRes expands its Poland operation as North American ebook players continue to ignore east Europe

When it comes to Russian ebooks and audio, one company leads the field. LitRes holds 66% of the Russian digital books market, is a significant player across Eurasia, and is expanding into east Europe. In 2018 LitRes saw its revenues rise 48%, and over 2 million audiobooks were sold, double that in 2017, comprising 25% Read More …

Storytel beats subscriber and revenue forecasts for Q2 with annual growth at 37%

The latest results from Storytel offer no surprises but also, sadly, no real detail beyond what we’ve come to expect. On target for one million subscribers by end 2019, Storytel hit 887,500 subscribers in Q2, an increase of 53,200 on Q1. The forecast was 800,000, and a predictable press release says simply, Storytel therefore surpasses Read More …

The imaginary death of books by streaming continues as Netflix makes “massive financial commitment” to DC’s “most-expensive TV foray ever”

Neil Gaiman’s Sandman is no stranger to options. The graphic novel has been in line to become a feature film on a few occasions, reports The Hollywood Reporter, but none managed the distance. One reason was summed up by screenwriter Eric Heiserrer, who said in 2016, the best version of this property exists as an HBO Read More …

Ebook & audiobook VAT set to tumble in Finland, Norway, Sweden, Poland and Czech Republic on 1 July

One reason digital books haven’t, mostly, take off as they did in the US this past decade has been the VAT rate which, in the EU, meant digital books were treated as services and therefore attracted a higher duty than regular printed books. Following an EU ruling last year individual countries have the right to Read More …

Ebooks delivered the highest percentage of AAP publisher revenue in US adult fiction in 2018

It will have surprised few that, for the second year running, the StatShot Annual Report of the Association of American Publishers has reported online retail exceeded bricks & mortar stores in delivering revenue to member publishers. And taking a step back, if we allow that most AAP member publishers have a lot of investment in Read More …

Boldwood Books goes energetically global with simultaneous ebook, audiobook and POD, but will they still be leaving money on the table?

With a name like Boldwood Books one really wouldn’t expect anything less than a bold launch of a new publishing operation, and that’s exactly what Amanda Ridout has delivered. While many bigger publishers have chosen to window releases, eschew the benefits of POD, downplay ebooks and carry on with archaic territorial restrictions, Amanda Ridout’s Boldwood Books Read More …

At IPA Seminar Nairobi StreetLib announces a publisher portal for every country in the world

StreetLib is the publisher behind The New Publishing Standard, and while TNPS is not a StreetLib promotional vehicle and we don’t routinely carry StreetLib news, StreetLib’s global expansion clearly falls within the TNPS global publishing industry news remit. As ever on such occasions, we re-print the StreetLib Press Release in full below without further TNPS commentary. Read More …

OverDrive’s Summer Read incentivises kids to read in the summer break, but elsewhere some stubbornly insist if it’s not ink on paper it’s not real reading

Teachers invariably view the long summer break from school with mixed feelings. A chance to relax and recharge the batteries on the one hand. On the other, knowing that some of the progress made in the previous academic year will be undone as many children will have fewer opportunities to read. It’s not a problem Read More …

Airtel Africa’s $1 billion London IPO holds promise for Africa’s publishing industry

When it comes to identifying publishing opportunities in the emerging African markets one can do worse than watch the telcos. Telcos potentially provide the ideal connection between consumers and publishers in countries and regions where traditional ink on paper publishing faces insurmountable challenges, and that the mainstream digital book operators have deemed not worthwhile. Telcos Read More …

As China prepares to leapfrog the USA as the world’s largest film market next year, publishers should take notice

It was back in 2015 that China jumped the US to take top spot for the most cinema goers. Hardly surprising, given China’s 1.4 billion population. But the film industry wallowed in the complacency that in dollar terms – the only metric that matters for some – the US was unassailable. Not any more. The Read More …

With the “attention economy” the latest buzzword excuse for perceived falling book sales, how is it Scandinavia is seeing both video and book streaming rise simultaneously?

The rise and rise of audiobook and ebook subscription streaming across the Scandinavian countries has been mentioned here at TNPS so often it hardly needs rehearsing again. But this week the tremendous interest in digital reading in northwest Europe takes on new significance as we learn that video-streaming is still rising in these same countries, Read More …