Pearson to phase out print textbooks in US as digital gathers momentum

As one of the world’s largest education publishing companies, the news that Pearson is to phase out printed textbooks in its core US market is a serious blow to the “screen fatigue” brigade’s efforts to downplay the rise and rise of digital. In a press release today Pearson has announced it is, breaking from the Read More …

A prospective Bible shortage drives home the unhealthy reliance of the US publishing industry on China’s printers

Leaving aside any debate about the rights and wrongs of the US-China trade dispute and tariffs being imposed by both sides, the dispute has brought to the fore the unhealthy reliance of US publishers on China – or more specifically of US publishers that have their books printed in China. An estimated 150 million Bibles 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 …

OverDrive’s Sora app sees 240% increase in reading when school digital libraries connect to public libraries. A lesson in giving consumers choice

At the American Library Association Annual Meeting this month digital library content facilitator Rakuten OverDrive revealed a statistic that bears out a simple truth in any format: More choice of books means more reader engagement. The numbers are startling. Ebook and audiobook reading increased over 240% when students connected their Sora classroom reading app to their local Read More …

Publishing breathes a collective sigh of relief at Barnes & Noble’s eleventh hour reprieve, but who will buy Nook?

You might be forgiven for thinking Barnes & Noble was such a train wreck that you couldn’t pay someone to take it off Len Riggio’s hands, such has been the tone of some industry commentators. So the news today that hedge fund Elliott Management has (subject to regulatory approval) acquired America’s biggest bookstore chain will Read More …

North America digital comics market worth upwards of $100 million in 2018. More when subscriptions factored in

It’s anyone’s guess what the value of the global comics market is, but for North America the best valuation we have for 2018 is $1.095 billion, of which at least $100 million came in from digital. That’s according to ICv2, which reports the Kindle store leading sales for manga, and the second largest venue for Read More …

Publishers stand to lose sales worth $46,000 per day thanks to poor search abilities of smartspeakers

For a while it seemed like smartspeakers were the new black of digital audio, driving sales ever higher. But a new study by Score Publishing suggests all is not well in the smartspeaker market, with book-related search queries at best delivering accurate results only 72.5% of the time, and the one we’d expect to do Read More …

US e-textbook subscription service Cengage hits 1 million subscribers in just 7 months

2019 is definitely shaping up to be the year digital subscription comes of age. Hard on the heels of Scribd announcing its one millionth subscriber – Scribd defies its critics. Hits 1 million subscribers , and with Storytel on target to clear a million subscribers by end 2019 – Storytel Q4 report: Subscribers up 44% Read More …

Books-A-Million shutters its self-publishing arm. Sends clients to FastPencil with three days notice

Emails are going out this week telling Books-A-Million’s BAM Publish users that BAM is out of the publishing services business as of March 1. BAM Publish clients will be shifted to FastPencil, an operator that offers services similar to those being discontinued by BAM. Or rather, identical, as BAM partnered with FastPencil in 2016. Which Read More …

Rakuten OverDrive adds Marvel Comics to Marketplace

Just weeks before Avengers: Endgame hits the big screen, and with the Oscars success of Black Panther and Into the Spider-Verse fresh in the public mind, Rakuten’s digital library distributor OverDrive has added Marvel Comics to its Marketplace, meaning any of the available titles can be made available to any partner library and can be read on the Libby app. Read More …

‘Jessica Jones,’ ‘Punisher’ Canceled. Netflix led the streaming surge and now pays the price as suppliers copy the Netflix model and content is siloed

“Jessica Jones, Punisher Canceled as Netflix Completes Marvel Purge” runs the headline in The Hollywood Reporter, but it’s not so much a purge as the inevitable consequence of the direction video streaming is taking. And publishing is not so far behind. Original content is of course a great draw for consumers, to a degree. But Read More …

In 2018 750,000 digital book downloads a day went uncounted by Nielsen Bookscan and Data Guy’s BookStat, fuelling the nonsense that people are reading less

Regulars here at TNPS will not have been surprised that Rakuten OverDrive last year surpassed the quarter billion download mark, serving 274 million digital books to eager consumers through its global library distribution service. While the USA is by far the bigger client country of OverDrive we should remember that the company delivers digital books Read More …

Print Sales Top 700 Million Units for first time since 2010

NPD Bookscan has reported 2018 print sales at 707.4 million, the highest since 2010. Michelle Obama’s Becoming played a big role in that, and of course in previous years it’s been JK Rowling. Nice to know, in this era of diversity in publishing, that women authors are keeping the industry afloat. Over at Publishers Lunch Read More …

Start The Day Global – 5 Not to be Missed Publishing Stories from Around the World

Unusually we Start the Day Global today in Michigan, USA, where this delightful story caught my eye over at Publishers Weekly. Girls of the Crescent: Teen Sisters Promote Stories of Muslim Girls When sisters Mena and Zena Nasiri, both avid teen readers, noticed a dearth of YA books featuring Muslim females like themselves, they took Read More …

So much for video streaming killing publishing and the Box Office. A record year for Hollywood, driven by books and comics

There’s still a week to go – and the busiest week of the year at that – and US Box Office takings are on target for $11.8 billion in 2018, compared to 2016’s previous record of $11.4 billion. And it’s not just revenue. Attendance is up too, by between 5%-7% year on year. So much Read More …

In case you missed it – The past week on TNPS

The past seven days on TNPS – here’s what you missed.   Dubai Audio Library “the largest Arabic audio library in the world” Dubai Audio Library “the largest Arabic audio library in the world” Self-published comic book to become Netflix series – Again Self-published comic book to become Netflix series – Again Saudi Arabia’s 4th Read More …

“The most successful year in Simon & Schuster’s history.”

What a turnaround from those heady days of 2010-12 when many believed publishing was doomed, amid very real crises in the book retail and publishing sectors. A time when many predicted (some joyfully) the death of print and that the then Big 6 would follow Borders into oblivion as ebooks became the only format consumers Read More …

Falling Fiction Sales -Why Is It Happening? – The Hot Sheet Reviewed – 14 November edition

The Hot Sheet is a publishing industry news-sheet for authors, produced every two weeks by Porter Anderson and Jane Friedman, and reviewed here every other Sunday (when possible) as one of the best bi-weekly industry overviews available to authors. We’re not interested in delivering breaking news, but perspective on stories that are likely to retain meaning for your Read More …

Amazon’s stock market fall reminds us why self-publishers take a big risk with exclusivity

Amazon’s own books are quietly taking over the site – or so runs a headline in Quartz, which tells us, Last year Amazon Publishing put out 1,552 books across its 15 imprints. It’s a telling point that Amazon’s imprints rarely make an impact in the print charts – even on Amazon – but do disproportionately Read More …

Ebook sales doubled in US in 2018 according to Data Guy’s nonsensical BookStat numbers

When Digital Book World announced Data Guy would be delivering the closing keynote speech, during which time he would dazzle us with yet more publishing industry numbers known to nobody else, and incidentally would reveal his true identity and answer his critics, there was a muted response. Data Guy’s true identity is neither here nor Read More …