ebooks

Ebooks represent nearly a quarter of 2012 publisher sales

Ebooks represent nearly a quarter of 2012 publisher sales

The Association of American Publishers has published its 2012 revenue data, which shows that ebooks have grown steadily over the last decade and now represent nearly a quarter of US publishers' sales at 22.55-percent. The industry saw a fairly large rise in revenue of 6-percent last year over 2011, and while the substantial number of ebook revenue has shown a steady increase in electronic books, there's an indication that 2013 could see a slowing.

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eMusic and K-NFB Reading ebook distributor merge into Media Arc Inc.

eMusic and K-NFB Reading ebook distributor merge into Media Arc Inc.

Those who have been using digital music since its earliest days will be familiar with eMusic, which offered cheap monthly subscriptions and a relatively large music library. Today, the music service merged with an ebook distributor called K-NFB to form an entirely new company called Media Arc, Inc. The merger was done quietly, only being announced in an email sent out to record labels.

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Government orders Tim Cook to testify in price-fixing lawsuit

Government orders Tim Cook to testify in price-fixing lawsuit

Apple CEO Tim Cook will be required to testify for 4 hours on the eBook price-fixing scandal the company was accused of. Apple is the last company, out of 6, to be testifying in this case. The other companies, which include Hachette, HarperCollins, Simon & Schuster, Penguin, and Macmillan have all reached a settlement with the Department of Justice. The companies had to terminate their agreements with Apple and other retailers, and follow a list of guidelines administered by the DoJ to ensure this issue would never happen again.

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Macmillan settles with Department of Justice over collusion accusation

Macmillan settles with Department of Justice over collusion accusation

In April, the Department of Justice sued Apple and five publishers, accusing them of joining together to raise ebook prices in an effort to put the kibosh on Amazon's oft-criticized discounting of bestselling books. Not surprisingly, the accusation was denied, and a few of the publishers settled with the DoJ fairly quickly. Now Macmillan has begrudgingly settled as well, leaving only Apple.

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Amazon patent hints at used ebook marketplace

Amazon patent hints at used ebook marketplace

Ebooks are pretty fantastic. Granted, there's nothing better than reading an actual, physical book, but being able to squeeze a handful of books on an reader or tablet is a good deal. However, the problem with ebooks is the same problem with digital gaming distribution services, where you can sell your copy once you're done with it. However, Amazon filed for a patent that hints at the possibility that the online retailer may start up a used ebook marketplace.

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Kobo ebook reader sales doubled in 2012

Kobo ebook reader sales doubled in 2012

Kobo has unveiled its 2012 sales, which are reported to have doubled year-over-year. In addition, the company scored 4 million new customers since last summer, giving it a grand total of 12 million registered customers and a cool 20-percent of the ereader market worldwide. Among other things, Fifty Shades of Grey was the most read ebook on the device last year.

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