Jun
Industry News
One in Twenty Buy Kindle e-Book Rather than Print Version
At the 2008 BookExpo America convention, Amazon.com founder Jeff Bezos revealed that one in 20 people buy the electronic version of a book rather than the printed version. However, Kindle e-book sales account for only 6 percent of overall sales titles “where two versions – a hard copy and an electronic version – were available.”
Times Online, May 29.
http://technology.timesonline.co.uk/tol/news/tech_and_web/article4027106.ece
Or: http://tinyurl.com/4djzsz
Book Output Increased in 2007
According to figures released by R.R. Bowker, production of “traditional” books rose 1 percent in 2007 to 276,649 new titles. The biggest increase, however, was in the production of “on-demand, short run and unclassified titles.” There were 134,773 of those titles put out in 2007, up 39 percent from 21,936 in 2006. In total, 411,422 titles were produced in 2007. Publishers Weekly, May 29.
www.publishersweekly.com/article/CA6564566.html?nid=2286&source=link&rid=1324272525
Or: http://tinyurl.com/4wc4gg
Borders Cut 274 Corporate Positions
Borders Group Inc. cut 274 jobs as part of its plan to reduce annual expenses by $120 million over 18 months. The cuts came from most all of its departments, with the exception of the newly reorganized buyer/planner group.
Yahoo News, June 3.
http://news.yahoo.com/s/ap/20080603/ap_on_bi_ge/borders_group_cuts
Or: http://tinyurl.com/3keh5p
Lightning Source Now Ingram Lightning Group
Ingram has consolidated its book division and print-on-demand (Lightning Source), into one unit: Ingram Lightning Group. John Ingram says this consolidation will “help us serve the book industry better and faster … [and help] our companies work more nimbly.”
Publishers Weekly, June 5.
www.publishersweekly.com/article/CA6567729.html?nid=2286&source=link&rid=1324272525
Or: http://tinyurl.com/3efzoa
