are feeling good, but Amazon may have other plans
The “Big 5” book publishers are feeling good and riding high.
Unlike shrinking movie box office receipts and plummeting music sales, 2014 book sales were up a healthy 4% to 5% all year -- though the true final numbers aren't in yet.
Publishers also defeated their top frenemy, Amazon (AMZN), at least somewhat last year, by winning back control over ebook pricing in new multiyear sales deals stuck by French-based Hachette and CBS (CBS) unit Simon & Schuster. At the same time, the portion of the market sold in ebook form, where Amazon has been most dominant, seemed to stabilize at around 25% to 30%. Read More . . .
Apple says 1 million
new ibook customers each week since iOS 8 launch
Apple’s iOS 8 and OS X Yosemite, which launched to the public this fall, come with iBooks pre-installed. That decision has paid off: iBooks has averaged one million new customers every week since mid-September.
Keith Moerer, the director of iBooks at Apple, revealed that statistic in a rare public appearance at the Digital Book World conference in New York City on Thursday. It’s startling to anyone who dismisses Apple as an also-ran in the ebook market and might encourage publishers and authors who haven’t focused on the platform to begin doing so. (And that was probably one of the main reasons that Apple agreed to appear at the conference.)
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