Can you believe those...those...those...sons of bitches at Amazon? After launching almost 20 years ago and making virtually every book-new, used, dead-tree, electronic, audio, and I'm guessing any day now, olfactory-available to everyone in America at good-to-great prices, the company's true character now stands revealed. It's not pretty, folks. Despite a huge market share, Amazon apparentlystill wants books, especially the e-books that everyone agrees are the future of the medium, to be cheaper than what publishers and big-name authors want you to pay for them.
Amazon.com is holding an event in Seattle later this month where it could reveal its long-awaited smartphone, possibly with a 3D interface.
The e-commerce giant is inviting press and customers to an event June 18 in its hometown of Seattle for a "new device unveiling." In a video on its site, actors are seen surprisingly reacting to something held off-screen in their hands.
The internet is seething over Amazon's reported hardball tactics in negotiations with Hachette. Newspapers and blogs are filled with heated opinion pieces, decrying Amazon's domination of the book business. Actual facts are thinner on the ground, however, and if history is any guide, we haven't heard the full story. Here's how it started.
Maya Angelou, who died Wednesday at the age of 86, was known for many things throughout her life: her wisdom, her acting, her indefatigable civil rights activism. But more than anything else, Angelou was famous for her writing. Both a prolific poet and memorist, Angelou penned more than two dozens books and collections throughout her life (including two cookbooks).
NEW YORK (AP) - Three years ago, guest speaker Mindy Kaling joked that publishing's annual national convention, BookExpo America, resembled "a high school reunion where all the jocks were killed in a plane crash, and all the minorities, too."
Little seems to have changed.
From Wednesday to Saturday, tens of thousands of publishers, authors, agents and librarians will meet at the Jacob K. Javits Center in New York for a convention predominantly organized by whites, spotlighting books predominantly written, edited and published by whites.
BookExpo America, which starts on Wednesday morning at the Javits Center in Manhattan, is taking a page from other entertainment conventions as it seeks to promote itself as more welcoming and fun, and less inclined to look inward.
It will be business as usual, in one sense, with the standard lineup of publishers and distinguished authors promoting books for the fall. It also opens under a cloud of concerns - one about Amazon.com, the giant online bookseller, which is battling over pricing with a leading publisher
TORONTO -- Torstar Corp., owner of the Toronto Star and other newspapers, is selling the Harlequin book publishing company for $455 million to global media company News Corp. and it will be run as a division of HarperCollins Publishers.
Torstar (TSX:TS.B) says the sale will strengthen its financial position and a portion of the net proceeds will be used for debt reduction.
Harlequin, known for its romance books, has been part of Torstar for 39 years.
Pearson Plc (PSON), the publisher of the Financial Times newspaper, reiterated its full-year earnings forecast and said its restructuring and investment program is on schedule to speed growth next year.
The shares rose as much as 4.1 percent. Adjusted earnings per share will be 62 pence to 67 pence in 2014, London-based Pearson said in a statement today. Profit will be heavily weighted to the second half, it said. First-quarter sales dropped 6 percent on a stronger British pound versus the U.S. dollar, according to the statement.
Encyclopedia Britannica, the oldest English-language encyclopaedia under production, has tied up with Indian publisher Katha to take Indian stories to children across India and worldwide. Britannica will convert titles owned by Katha into eBooks, and distribute them worldwide as part of its eBook program under the overall eLibrary initiative.