Amazon in Talks with Randy Penguin in the UK?

So Amazon is apparently trying to crush the UK branch of Penguin Random House. The retailer has arranged a leak about the ongoing negotiations to Re/code, which has covered the leak with hysterically inaccurate hysteria. Rather than discuss the negotiations in terms of the actual impact and its ramifications, Re/code invented a scenario which is beyond… Read More »

Vook Finalizes Pivot From Creator to Distributor/Services, ReBrands as Pronoun

Ever since it launched in 2009 Vook has been a useful weather vane for trends in digital publishing. The startup initially launched with the idea of creating enhanced ebooks for the iPhone (this later expanded to include the iPad, Fire tablets, Android). By early 2011 that idea had proven uneconomical, so Vook pivoted to producing enhanced… Read More »

Hachette Book Group Revenues Down 12.3% in First Quarter 2015

Hachette is feeling the pain of its new agency contract with Amazon. US-based Hachette Book Group’s parent company Lagardère released its quarterly report today. While the news was generally good company-wide, the US division fared far worse than the other units. Lagardère Publishing reported on Tuesday that total revenues increased 7.1%, to 421 million euros. Revenues were up… Read More »

Hybrid Publisher Booktrope Raises $1.2 Million in Funding

Seattle-based Booktrope has raised $1.2 million of a planned $2.3 million funding round, according to a new filing with the U.S. Securities and Exchange Commission found by Geekwire.Booktrope had previously raised just under a million dollars, including $120 thousand in February 2015 from YCombinator (Crunchbase). Originally founded in 2010 as Libertary, a free ebook site, since 2011… Read More »