Full news story on Amazon focus on mainstream publishing arena.
Amazon focus on mainstream publishing arena
May 24 2011
Amazon has hired Laurence Kirshbaum, former TimeWarner CEO, to head up its relatively new New York based publishing operation. The announcement has dampened the spirits of many publishers currently attending Book Expo America as it clearly indicates that Amazon plan on becoming on one of the biggest fish in the frontlist fiction and non-fiction ponds - adding more pressure on the current "Big Six" publishers - Random House, Simon & Schuster, Penguin Group, Harper Collins,
Hachette and Macmillan.
U.S. ebook sales up in 2012, but rate of growth is slowing(May 16 2013) In 2012, trade book sales (i.e. non academic book sales) rose 6.9%, to $15.049 billion, and e-book sales continued to grow, although the rate of growth...