Closing Image: January 25, 2017
Hardcover sales are up 5%, surpassing ebooks sales as a format for the first time since Borders closed in 2012.
Day: January 25, 2017
Hot Sheet Index: January 25, 2017
The Hot Sheet Index looks at print sales for adult coloring books for 4th quarter 2016 and 2015 and also examines library ebook lending.
Links of Interest: January 25, 2017
January 25, 2016 links of interest on the topics of Traditional Publishing, Indie Authors, Amazon, and Audiobook Trends.
Amazon and Apple End Exclusivity Deal on Audiobooks
Apple and Amazon will end their exclusivity agreement, a development that is expected to bring more competition to the marketplace.
Pearson Wants to Sell Its Stake in Penguin Random House—As Expected
Pearson has announced its intent to sell off its share of Penguin Random House, which is the largest of the Big Five publishers.
As Amazon Feels the International Heat, Kobo Widens Its Game
Kobo has taken steps to expand its international market reach as Amazon’s position in some markets is questioned by European Commission.
Amazon Blinks under Pressure on Ebook Competition in Europe
Amazon lifted most-favored-nation status from EU ebook contracts in 2017.
Ebook Distributor Pronoun Unveils New Royalty Rates for Amazon Sales—and They’re Better Than KDP Rates
Pronoun [now defunct], acquired by Big Five publisher Macmillan in 2016, charges authors nothing for its distribution service and takes no sales commission.