Bookstore Sales Rose $741M

Bookstore sales rose from $741 million last May to $745 million in May 2018, according to preliminary estimates released by the U.S. Census Bureau. The $4 million rise in sales amounted to a 0.5% increase year over year. The small May gain is in keeping with the sluggish start bookstore sales have had in 2018. Through the January to May […]

Hollywood comes calling for self-published authors

Film and TV production companies are increasingly turning to self-published authors to pick up potential screen blockbusters. The latest indie writer to get a call from Hollywood is best-selling thriller author Mark Dawson. Advanced negotiations are taking place with a leading TV production company that wants to snap up his Beatrix Rose series, according to a report in The Guardian. […]

B&N CEO Fired – no explanation

In a brief statement released late Tuesday afternoon, the retailer said CEO Demos Parneros was terminated for “violations of the Company’s policies.” While not saying what policies Parneros violated, B&N said his termination “is not due to any disagreement with the Company regarding its financial reporting, policies, or practices or any potential fraud relating thereto.” In addition to being fired […]

B&N – Rocky Times

With sales at Barnes & Noble in the fiscal year ended April 28 dropping 6% compared to fiscal 2017 and a host of one-time charges contributing to a net loss of $125.5 million compared to net income of $22.0 million in 2017, CEO Demos Parneros acknowledged that fiscal 2018 was a “challenging year.” He said that some of the changes […]

Little House on the Prairie – Banned

The Association for Library Service to Children (ALSC), a division of the American Library Association, voted on Saturday to strip the name of Laura Ingalls Wilder from a popular children’s book award, months after a task force set out to consider the long-running scholarly discussion around “anti-Native and anti-Black sentiments” in the author’s work. The Laura Ingalls Wilder Award honors […]

Author Earnings Sliding Fast in U.K.

Can authors make a living as a writer? Is this another case for self-publishing and self-promotion? From Publishers Weekly: Median annual income of professional writers in the U.K. is now under £10,500, down by 15% since 2013, according to ALCS (Authors’ Licensing and Collecting Society) research. That figure puts authors’ hourly rate well below minimum wage The earnings figure of […]

AudioBooks up 23%

Audiobooks continued their meteoric rise in 2017, a new report issued by the Audio Publishers Association found, with another year of double-digit growth for both audiobook sales and title output. Total sales rose 22.7% in 2017, to an estimated $2.5 billion, over an estimated $2.1 billion in sales in 2016. Unit sales rose an estimated 21.5%, the APA reported. Sales […]

Alexa – Stephen King – Recommendation Library

Is this a thing? Why Only Stephen King? If it were a larger library, would it be more interesting? Beginning today, Amazon Alexa and Google Assistant users in the U.S.and Canada will be able to download a free “Stephen King Library” onto their smart speaker platforms, Simon & Schuster has announced. The library will recommend King books tailored to users’ […]