The Amazon-owned digital audiobooks site Audible.com is launching a new program, “Audible Author Services,” that pays audiobook authors $1 per sale through Audible.com, Audible.co.uk, and iTunes, out of a $20 million fund. …
Amazon
Sued: DOJ Brings E-Book Antitrust Lawsuit Against Apple, Publishers
Just like that, Apple is officially on the receiving end of a major antitrust lawsuit filed this morning by the U.S. Justice Department for alleged e-book price-fixing. The suit, filed in New York district court, includes publishers Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster, reports Bloomberg
Thanks to E-Books, Flat Revenue is No Problem for Publishers
Large book publishers’ most recent earnings reports reflect a new normal: Revenues are roughly flat, but profits are up—in large part due to e-books.
In Major Digitization Effort, Scholastic Launches E-Reading App For Kids
The kids’ e-book market is still nascent, with e-books making up just about three percent of children’s book sales. That could change now that Scholastic, the world’s largest children’s book publishers, is digitizing much …
Harry Potter and the Future of Public Libraries
The Harry Potter website known as Pottermore has been beset by delays. But there is some good news. When the portal launches later this year, its stock of JK Rowling e-books and digital audiobooks will be available to public …
Amazon Pulls 5,000 Books From Kindle Store
In a move that signifies Amazon’s determination to tighten its reign over the high stakes e-book market, the retailer removed a staggering 5,000 titles from its Kindle store because a Chicago distributor would not agree to new terms.