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Updating Kindles-sold estimates: 1.072 million

Based on Amazon CEO Jeff Bezos’ comments on the third quarter results for the company, Kindle sales are accelerating. Bezos is quoted: “Kindle has become the #1 bestselling item by both unit sales and dollars – not just in our electronics store but across all product categories on Amazon.com. It’s also the most wished for […]

The Lost Symbol will be a dollar sign

The Da Vinci Code sold more than 81 million copies worldwide. Dan Brown’s new book, The Lost Symbol, will be released simultaneously in hardcover ($16.17 at Amazon, a 46 percent discount) and for Kindle ($9.99) on September 15th. Five million paper copies of the book will be printed, one digital copy will be encrypted several […]

Global and U.S. advertising spending plunges in 2009

For anyone hoping to refinance publishing on the back of advertising, it may be the best of times to sell a new medium to advertisers, but it is the worst of times for advertising. Nielsen reported this week that ad spending globally dropped 7.9 percent in the first quarter of 2009. U.S. ad budgets declined […]

Springer’s e-book efforts paying dividends in tight economy

Springer Science and Business Media, one of the largest scientific and business publishers in the world, is pushing hard into the e-books market, the Financial Times reports. The company’s main goals are lowering price with electronic publishing and to ensure titles are available ubiquitously, according to Cynthia Cleto, Springer’s global product manager for e-books told […]

Excerpt II, The Book Ends

Continuing where we left off the other day….. This segment, which is going to be torn apart and used in other ways, shows how quickly any writing on the e-book market ages. Why Kindle is the early leader As of this writing, in March 2009, e-books have limited network connectivity. The most forward-looking implementation of […]

Noted News & Opinion, June 16, 2009

Global entertainment and media spending will reach $1.6 trillion in 2013, according to PricewaterhouseCoopers annual industry projections, AdWeek reports. The U.S. media industry will not match growth in the rest of the world, increasing only 1.2 percent annually, compared to the global rate of 2.7 percent, reaching $495 billion in 2013. Digital revenues are predicted […]