Spotify Adds Crooked Lane and Podium Audiobooks - Publishing Perspectives

They're getting a lot bigger too.

Today at the Publishing Perspectives site Panzer discovered Spotify just announced the company's 4th Quarter results. 

According to Porter Anderson's post, the company also announced their audiobook distribution partnership agreements with Crooked Lane and Podium Entertainment. There are also links to other information included in the post, although not all of the link destinations are on the Publishing Perspectives site.

 

Panzer says, "Spotify announced they increased their subscriber numbers too."

 

Note: This is a medium length post. Bring a cup of tea to drink while you read.

 

To read the post tootle over to Spotify

B&N Q3 Sales Flat, Comps Rise 1.1% - Publishers Weekly

Six new stores in one year!

Today, Panzer made a quick trip to the Publishers Weekly site. There he found a post about Barnes and Noble.

According to Jim Milliot, Barnes and Noble's third quarter ended on January 26. The company's third quarter sales were flat compared to last year's. Paperbacks and children's book sales were not as high as expected and Nook sales were down. The company expects fourth quarter sales to be down due to the bad weather keeping people from shopping. The company opened four new stores in the year's first three quarters and plans two more in the fourth quarter.

Panzer says, "At least sales were flat and didn't decline."

Note: This is a medium length post. Bring a cup of tea and a muffin for today's reading selection.

To read the post tootle over to Barnes and Noble

Q1 Sales Down at B&N As Losses Rise - Publishers Weekly

Panzer was tootling around in the Catosphere when he heard crying and weeping outside the Panzermobile. Following all the noise took our compassionate kitty boy to the Publishers Weekly site. There with no digging at all he found a post about Barnes and Noble's first quarter sales.

There must be a way to turn sales around.

According to the post by Jim Milliot, in a conference call Chairman Len Riggio said Barnes and Noble's first quarter sales figures were down 6.9 percent compared to last year. The sales figures included books, Nooks and general retail sales. While the online book order and sales system got off to bad start, the problems appear to be fixed. Sales revenues were actually down lower, however, part of the decline was offset by expense reductions. The company still plans to open and/or move four stores in the coming quarter. Chairman Len Riggio also addressed the Demos Parneros lawsuit against the company. Contrary to the assertions in the lawsuit, Chairman Riggio said former CEO Parneros was fired for sexual harassment and bullying. There is a lot of information covered in the post.

Panzer says, "Hmm ... The new online book (paperback or hardback) ordering system should help increase sales. You can order a copy of a paperback online and then pick it up at your nearest Barnes and Noble store. This little kitty looked and saw you can even order Cat Wisdom for humans there."

Note: This is a medium length post. Bring a cup of tea and a muffin for today's reading selection.

To read the post tootle over to Barnes and Noble

Indigo Reports Its Highest Quarter Revenue Ever - Publishers Weekly

Today, Panzer was just enjoying tootling around in the Catosphere when the Panzermobile was buffeted by cheering and clapping. Our brave kitty boy followed all the noise to the Publishers Weekly site. There with no digging at all he found a post about Indigo's quarterly sales and revenue figures.

According to the post by Jim Milliot, Canada's Indigo Books and Music announced the latest quarter's revenue was the highest ever. Sales revenue was up 8.2 percent compared to the same quarter in 2016. The largest sales gains were in general merchandise. Online sales were also up. The company still plans to open its first United States store in New Jersey. Company plans include an additional three or four United States stores.

They have cafes too don't they?

Panzer says, "Hmm ... This little kitty thinks Indigo Books and Music sounds a lot like Barnes and Noble without the Nook. So why is it working in Canada for them, but not here for Barnes and Noble?"

Note: This is a medium post. Bring a cup of tea and a muffin for today's reading selection.

To read the post tootle over to Indigo