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eBooks Make up 19% of Revenues at HarperCollins

Marianela Camacho Alfaro's insight:

NewsCorp filed their 10-K annual report earlier this week , and nestled in among the details of this multi-national’s many different were a few details from HarperCollins.

The publisher reported revenues of $1.369 billion with an EBITDA of $142 million. That’s up from $1.189 billion in revenues and EBITDA of $86 million in the prior fiscal year, but it is still down from HarperCollins prerecession revenues. In 2008 HarperCollins netted $1.388 billion in revenue and an EBITA of $160 million.

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Kobo Launches eBook Subscription Service Kobo Plus | The Digital Reader

Kobo Launches eBook Subscription Service Kobo Plus | The Digital Reader | Ebook and Publishing | Scoop.it
I have little solid information yet but I have just heard that Kobo is going to launch an ebook subscription service at midnight EST (about 30 minutes from now). Edit: Kobo hasn't launched Kobo Plus yet, but the service is very real (I have the T&C). There's a blank info page for Kobo Plus on the Kobo Writing Life blog, and a similarly blank page on the (US) Kobo website. The meta description for that page says: Kobo Plus eBook subscription gives you unlimited access to titles from every genre that can be read on any device. Start a 30-day free trial today. Further digging has revealed that the Dutch-language page (German?) for Kobo Plus is already live. Bol.com is going to be a partner, and the service will cost 10 euros per month with a 30-day trial. The matching catalog is also live, and I can see that 37,127 titles are listed. It's not clear how Kobo Plus compares to Kindle Unlimited, the subscription service Amazon launched in July 2014, but it is clearly a competing service. According to my source, Kobo Plus is "better in terms of royalties and there's no exclusivity involved. And it also benefits readers, as well." KU paid out [...]
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Kobo Plus Does Not Require Exclusivity, Pays Out Shares of a Limited Funding Pool | The Digital Reader

Kobo Plus Does Not Require Exclusivity, Pays Out Shares of a Limited Funding Pool | The Digital Reader | Ebook and Publishing | Scoop.it
Kobo still hasn't announced its ebook subscription service, but that is okay because I have another scoop for you. Kobo Plus is now listed as a distribution option in Kobo Writing Life, Kobo's publishing portal, and I have a copy of the Kobo Plus contract addendum T&C. You'll find the text at the end of this post, but the tl;dr version is that Kobo is going to pay authors out of a pool funded by subscriber payments. The math determining the payment is rather complicated, but I can report that the payment will be triggered when a Kobo Plus subscriber has read 20% of the book. Also, a book has to be in Kobo Plus for at least six months but there is no mention of an exclusivity requirement. The payment terms are similar to the terms offered by Amazon for Kindle Unlimited (since July 2015), which pays based on the number of pages read and is funded by a finite pool. And that is good news for the long-term health of Kobo Plus. As we learned from Oyster and Scribd, companies need to keep their expenses in line with their income. Oyster failed, sold out to Google, and then shut down. [...]
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Publishing in Tumultuous Times: Wiley's Statement of Values

Publishing in Tumultuous Times: Wiley's Statement of Values | Ebook and Publishing | Scoop.it
'We thrive when our authors and partners are free to work and travel across borders,' writes Wiley's Mark Allin on his company's core values.
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Draft2Digital is Adding Kobo Plus as a Distribution Option, But Not Smashwords

Draft2Digital is Adding Kobo Plus as a Distribution Option, But Not Smashwords | Ebook and Publishing | Scoop.it
Kobo's new subscription ebook service is currently available only in the low countries, and authors can only put their work into it via Kobo Writing Life. That is quite limited, but I can now report that at least one of those details is going to change soon. At the request of several authors, I asked several ebook distributors whether they planned to add Kobo Plus as a distribution option. I am still collating responses, but so far I have gotten one and a half responses from Smashwords and Draft2Digital. Mark Coker of Smashwords told me that it would not be distributing ebooks to Kobo Plus: "I knew this was coming but it's not something we're planning to support with our titles at this time." Draft2Digital was slightly more positive. I am still waiting for their complete response, but what I was told via twitter DM that "Technical details are being hashed out". That was not a hard no, so I am going to put it down as a soft yes. (And when I have a statement from D2D, I will update this post.) Here's D2D's statement: We are still working on some of the technical parts of this, but here's what we [...]
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Worldreader Among Most Innovative Nonprofits of 2016

Worldreader Among Most Innovative Nonprofits of 2016 | Ebook and Publishing | Scoop.it
Worldreader was named by Fast Company magazine as one of the year's most innovative companies for its work using digital books to fight poverty.
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Thinking About Open Access and Library Subscriptions 

Thinking About Open Access and Library Subscriptions  | Ebook and Publishing | Scoop.it
Green OA has not had a significant effect on subscriptions. What does -- and doesn't -- that mean for subscriptions in the future?
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Bestseller to Blockbuster? 'Books at Berlinale' Highlights Good Stories

Bestseller to Blockbuster? 'Books at Berlinale' Highlights Good Stories | Ebook and Publishing | Scoop.it
Twelve books get a chance each year to be presented for filmmakers' consideration at the Berlin International Film Festival's 'Books at Berlinale' event.
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8 Sites to Help You Find Free Ebooks

8  Sites to Help You Find Free Ebooks | Ebook and Publishing | Scoop.it
Finding free ebooks is easy, if you know where to look. Discover sites to help you find free ebooks you'll want to read.

Via Yashy Tohsaku, Luciana Viter
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Managing Rights in Customized Publishing: Risk and Reward

Managing Rights in Customized Publishing: Risk and Reward | Ebook and Publishing | Scoop.it
Rights today 'are much more stringently controlled than in the past,' says Klopotek's David Hetherington ahead of London Book Fair.
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Balancing the books: how Waterstones came back from the dead

Balancing the books: how Waterstones came back from the dead | Ebook and Publishing | Scoop.it
The chain of booksellers has announced its first profit in years – thanks in part to a bold decision to run each branch like a local bookshop
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Omnivoracious: Reading Is Fundamental

Omnivoracious: Reading Is Fundamental | Ebook and Publishing | Scoop.it
There's something magical in seeing a child engrossed in a book or asking you to please read to them and seeing their eyes light up as you turn the pages. Giving every kid a chance to discover a love of reading is what RIF is al
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Bookstores Stoke Trump Resistance With Action, Not Just Words

Bookstores Stoke Trump Resistance With Action, Not Just Words | Ebook and Publishing | Scoop.it
Independent shops have become magnets for a growing movement, with some taking a protest role beyond deciding what titles to display.
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Amazon to Launch Audible in India? | The Digital Reader

Amazon to Launch Audible in India? | The Digital Reader | Ebook and Publishing | Scoop.it
Amazon is reportedly talking with Indian publishers about launching Audible in India: Amazon, the world’s largest online retailer, wants to bring Audible, its audio books streaming service, to India. For that it has been talking to the biggest book publishers in the country, such as Penguin Random House and HarperCollins, as well as the Chiki Sarkar-led start-up, Juggernaut. Executives in charge of Amazon’s global operations were recently in India to talk to book publishers, said two persons in the books industry. A spokesperson for Amazon India declined to comment. The two persons who confirmed talks with Amazon’s global executives also said that the pricing of audio books was proving to be tricky. Some publishers want more money, while some others are concerned about how the revenue from audio books will accrue to the authors since Amazon likes to work on a subscription model for streaming Audio books, not on a pay-per-book model. Audible would be Amazon’s next big gambit in India after Prime Video, a subscription-based streaming service for movies and television shows. Equally important, Audible will raise Amazon’s play in Indian publishing. That's going to be a tricky move for Amazon. It's not just the language issues (India has [...]
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Against Readability

Against Readability | Ebook and Publishing | Scoop.it
Readable has become the chosen term of praise in our times because so many of us find ourselves unable to concentrate as we once could or still aspire to.
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Kobo Plus is a New Unlimited e-Book Subscription Program

Kobo Plus is a New Unlimited e-Book Subscription Program | Ebook and Publishing | Scoop.it
Kobo has just launched a new unlimited subscription program for e-books. It is called Kobo Plus and the first two countries where it will be available is the
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Wattpad Launches Chat-Style Reading App Tap

Wattpad Launches Chat-Style Reading App Tap | Ebook and Publishing | Scoop.it
Wattpad is jumping on the short-short fiction wagon with the launch of a new app, Tap. Tap is a reading app in the style of Amazon Rapids or Hooked. It serves up chat-style stories which are the current fad in digital publishing. According to TechCrunch: With Tap, Wattpad is stepping away from the traditional storytelling format to experiment with a unique style of entertainment. The app lets users discover “chat-style” stories – that is, those that unfold as you tap to reveal the next part. The stories are designed to feel like you’re reading someone else’s chat conversations, the company explains, and they are even visually presented in a text messaging-style format. At launch, there are hundreds of stories available across categories like horror, romances, drama and more. Tap will also allow Wattpad users to write stories of their own, though this is initially available only to a subset of writers on the platform. The company says that the writing and publishing functionality will roll out more broadly in the weeks ahead. In addition to reading the chat-style stories, users can also share the stories to social networks.   When Tap is released to the public you will be able to [...]
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This book, written by the homeless, can be read only when it’s cold

This book, written by the homeless, can be read only when it’s cold | Ebook and Publishing | Scoop.it
Invisible is a book you can only read in the same conditions in which it was written – outside, and in the…
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Publishing in Tumultuous Times: Wiley's Statement of Values

Publishing in Tumultuous Times: Wiley's Statement of Values | Ebook and Publishing | Scoop.it
'We thrive when our authors and partners are free to work and travel across borders,' writes Wiley's Mark Allin on his company's core values.
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Why We Should Pause Before Mocking the Mall of America Writing Residency

Why We Should Pause Before Mocking the Mall of America Writing Residency | Ebook and Publishing | Scoop.it
The Mall of America residency isn’t going to be an appropriate opportunity for even a majority of writers. But it’s the right opportunity for someone.
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Book Publishing Blunders Of First-time Authors 

Book Publishing Blunders Of First-time Authors  | Ebook and Publishing | Scoop.it
Author and book publishing coach Judith Briles (The Book Shepherd) joined our Feb Twitter Chat to discuss book publishing blunders for first-time authors.
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Arkansas is going to tax audiobooks and e-books

Arkansas is going to tax audiobooks and e-books | Ebook and Publishing | Scoop.it
The House Revenue and Taxation Committee in Arkansas is going to end the tax exemption of audiobooks and e-books. This will drive up the costs for people who
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Author Tools to Make Social Selling Easier? | The Digital Reader

Last month I declared the end of selling ebooks on social networks when Twitter removed its buy buttons. As with any declaration about a market, it comes with multiple exceptions of individual sellers succeeding where the larger market failed. I was reminded of the exceptions yesterday when a two-month-old Forbes article passed through a mailing list I follow. The piece discussed seven tools authors can use to sell on social media. The piece skipped over the tools I am more familiar with, Gumroad and Aer.io, and focused on tools like Nimble: This may be one of the best, most comprehensive social selling tools available for small businesses. Why? Because it was made specifically for them. And because it’s $25 a month. Nimble includes a slew of features that more expensive tools usually offer. Those include marketing automation, “deal pipelines” and reporting for them, an app (iPhone or Android), and integration with email. It’ll sync your calendar and contacts, too. Also of interest: rFactr. Starts at $10 per month. Other tools mentioned in the article include HootSuite, StoreYa, Start a Fire, BeeTailer, Snip.ly, LinkedIn Sale Navigator, and FollowerWonk. If you're looking for additional tools, that is a good list. But is it [...]
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On Hiring 'Sensitivity Readers' to Flag Potentially Offensive Content 

On Hiring 'Sensitivity Readers' to Flag Potentially Offensive Content  | Ebook and Publishing | Scoop.it
The Chicago Tribune published an article earlier this week which, ironically enough, might have benefited from exactly the assistance described in the article. Before a book is published and released to the public, it's passed through the hands (and eyes) of many people: an author's friends and family, an agent and, of course, an editor. These days, though, a book may get an additional check from an unusual source: a sensitivity reader, a person who, for a nominal fee, will scan the book for racist, sexist or otherwise offensive content. These readers give feedback based on self-ascribed areas of expertise such as "dealing with terminal illness," "racial dynamics in Muslim communities within families" or "transgender issues." ... Sensitivity readers have emerged in a climate - fueled in part by social media - in which writers are under increased scrutiny for their portrayals of people from marginalized groups, especially when the author is not a part of that group. Last year, for instance, J.K. Rowling was strongly criticized by Native American readers and scholars for her portrayal of Navajo traditions in the 2016 story "History of Magic in North America." Young-adult author Keira Drake was forced to revise her fantasy novel "The Continent" after an [...]
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The fight against fake news is putting librarians on the front line – and they say they’re ready

The fight against fake news is putting librarians on the front line – and they say they’re ready | Ebook and Publishing | Scoop.it
As fake news and complex immigration orders have inundated the public sphere, libraries are opening their doors and fact-checking skills to people of all backgrounds seeking information.
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Fictional characters make 'experiential crossings' into real life, study finds

Fictional characters make 'experiential crossings' into real life, study finds | Ebook and Publishing | Scoop.it
A fifth of readers report characters from novels cropping up in their daily lives, hearing their voices even after putting books aside
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