Spotify Audiobooks+ Add-On Draws Users, Drives Revenue - Publishers Daily

One million people are a lot of extra hours listening.

Panzer's first stop in the Catosphere today was at the Publishers Daily site. With no digging in the posts at all he found one about Spotify.

 

According to the post by Ed Nawotka, Spotify has reported 1 million subscribers to the new Audiobooks+ Add-On. There are several links to other information about this Add-On included in the post.

 

Panzer says, "There's a lot of audiobooks being listened to on Spotify."

 

Note: This is a medium length post. Bring a cup of tea and a muffin to snack on.

 

To read the post tootle over to Spotify Audiobooks 

Exploring New Revenue Opportunities Through Licensng - Publishing Perspectives

Mom says it's an untapped revenue stream.

Here's an interesting post Panzer found on the Publishing Perspectives site about book IP licensing.

 

The post is about a discussion presented at the London Book Fair about the publishers need to pursue licensing agreements for their books. Included in the post is a link to a report with information on this subject.

 

Panzer says, "Licensing contracts for books' releases in other countries is important."

 

Note: This is a medium length post. Bring a cup of tea and a cookie (biscuit) for today's snack.

 

To read the post tootle over to Revenue Through Licensing 

CEO AndyJassy's 2023 Letter to Shareholders - Amazon News

I'd suggest a sleeping bag for a nap in the middle.

Today, Panzer went to the About Amazon news site. There with a little digging, he found CEO Andy Jassy's letter to shareholders.

 

Included in the letter are Amazon financial amounts and percentage increases from 2023 to explain Amazon's revenue increases in sales, in advertising and in different company income streams. There are also explanations about Amazon's different business focuses. There is also a section on Amazon's GenAI plans.

Panzer says, "There is way too much information included in the post for this little kitty to explain it all to you. You need to read the letter yourself."

Note: This is a humongous post. You'll need to decide for yourself what to being to snack on while you read.

To read the post tootle over to CEO Andy Jassy

APA Report: US Sees Double-Digit Audiobook Sales Growth for 11th Year - Publishing Perspectives

As Panzer was traveling around in the Catosphere the Panzermobile was suddenly buffeted by clapping and cheering outside. Following all the noise, took our brave kitty boy to the Publishing Perspectives site. There he discovered a post about U.S. audiobook sales was causing all the joy.

 

We listen to an audiobook every week.

According to Porter Anderson's post, the Audio Publishers Association (APA) says audiobook revenue was up 10 percent in 2022. This is the 11th year in a row revenue has increased. The post includes breakdowns for audiobook listeners and genres. The post also includes links to other information about audiobooks.

 

 Panzer says, "I keep telling Mom we need to do an audiobook."

Note: This is a very, very long post and has a lot links. You'll need to decide what to bring for your snacks while you read.

 

To read the post tootle over to Audiobook Sales

Ahead of Frankfurt Audio: Storytel Makes Its Third Quarter Report - Publishing Perspectives

Today's trip into the Catosphere took Panzer to the Publishing Perspectives site. There our fearless kitty pilot found a post about audiobook service company Storytel.

According to Porter Anderson's post, Storytel announced their third quarter report. The report lists a 29 percent increase in revenue and a 10 percent increase in subscribers compared to last year. Included above the post are links to other posts about audiobook services.

That's a big increase in rvenue.

Panzer says, "That's a lot of new subscribers."

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

To read the post tootle over to Storytel third quarter report

Barnes & Noble Reports Revenue Down 3% for the Year, Nook Revenue Down 17% - The Digital Reader

Panzer was tootling around in the Catosphere when he decided to stop in at The Digital Reader site. With hardly any digging at all our speedy kitty boy found a post about Barnes and Noble.

According to The Digital Reader site owner Nate Hoffelder's post, Barnes and Noble announced the company's sales and revenue for the just ended fiscal year. This fiscal year's total sales declined over the previous year by 3 percent. Nook revenue made the biggest decline at 17 percent. The exact sales and revenue figures are included in the post.

What will happen to the Nook?

Panzer says, "This little kitty doesn't know if Barnes and Noble's new owner will want to continue the Nook."

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

To read the post tootle over to Barnes and Noble

Indigo's Q3 Earnings Hit by Postal Strike - Publishers Weekly

Panzer was tootling around in the Catosphere when he heard crying and gnashing of teeth. Following all the noise took our brave kitty boy to the Publishers Weekly site. There our brave kitty boy found a post about Indigo Books and Music.

According to the post by Ed Nawotka, the Canada Post strike hit Indigo Books and Music's third quarter hard. The strike impacted the company's deliveries and helped push revenue down 1.7 percent. Increased employee wages and store improvements also contributed to the revenue decline. On a brighter note CEO Heather Reisman said the company opened their first U.S. store and it was well received.

Inquiring kitties want to know.

Panzer says, "This little kitty is wondering when the second U.S. store will open."

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

To read the post tootle over to Indigo

Investments Led to Higher Loss at Indigo - Publishers Weekly

Panzer was tootling around in the Catosphere when he heard crying and wailing. Following all the noise took our brave kitty to the Publishers Weekly site. There he found a post about Indigo Books and Music.

It's just a little loss.

According to Jim Milliot, Indigo Books and Music has announced their quarterly sales and revenue figures. While Indigo's same store sales for the quarter were up over last year, revenue was down. The revenue loss was due to store closures and renovation of others. Indigo expects revenue to increase going forward.

Panzer says, "Hmm ... Closing the under performing stores makes sense to this little kitty."

Note: This is a short post. Bring half a cup of tea for today's reading selection.

To read the post tootle over to Indigo

What Audiobooks.com's CEO Thinks Of The Industry's Double-Digit Growth - Forbes

Today, as Panzer was tootling around in the Catosphere he decided to make a stop at the Forbes site. With just a little digging our intrepid kitty traveler found a post about audiobooks.

That's a big increase in sales.

According to the post by Adam Rowe, audiobook revenue and sales were up in 2017 compared to 2016. Revenue was up by 29.5 percent and sales were up by 22.7 percent. In an interview Ian Small CEO of Audiobooks.com stated he believes this growth will continue. Audiobooks,com is a subscription membership site. The company has expanded business into new English and non-English speaking countries.

Panzer says, "This little kitty better start getting into audiobooks."

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 Audiobooks.com

Amazon Could Be as Big as Walmart In About Four Years or So - The Digital Reader

Panzer's trip into the Catosphere today took him to The Digital Reader site. With no digging at all he found a post about Amazon and Walmart.

The Digital Reader site owner Nate Hoffelder's post addresses the issue of Walmart's late entry into the online sales market. Although Walmart's overall sales size is three times bigger than Amazon, the post states Amazon could overtake Walmart in size in four years. The post includes a lot of information about online sales. End of the year financials comparing online sales revenue show Walmart's increased 44 percent verses Amazon's 31 percent. However, the percentages are misleading. Walmart had lower online sales to begin with, so a 44 percent increase is actually smaller than Amazon's 31 percent on larger beginning online sales. The post includes quotes from press releases. There are also links to financial reports, but Walmart's report wasn't secure and couldn't be viewed.

None of it makes sense to me.

Panzer says, "All those numbers and percentages gave this little kitty a headache and he couldn't make heads nor tails of what the post was trying to say."

Note: This is a huge post. Bring half a thermos of tea and six muffins for today's reading selection.

To read the post tootle over to Amazon and Walmart

After Another Disappointing Quarter, B&N Unveils Turnaround Plan - Publishers Weekly

Today's trip into the Catosphere took our traveling kitty to the Publishers Weekly site. With just a little digging he found a post about Barnes and Noble.

According to Jim Milliot, Barnes and Noble has announced the company's third quarter financial results. (This quarter included the holiday season sales.) The financial results announcement showed revenue fell 5.3 percent. In conjunction with the financial results CEO Demos Parneros announced a new strategic plan to bring the company back to profitability. The first step was begun in February with layoffs to rein in employee costs. According to Mr. Parneros this will be a long term effort for the company. The post includes information about the strategic plan.

Sometimes smaller is better.

Panzer says, "This little kitty wonders if there are any leases ending on under performing bookstores."

Note: This is a short-medium post. Bring a cup of tea 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

Barnes & Noble Reports Holiday Revenues Down 6.4 % - The Digital Reader

Panzer made a short trip into the Catosphere today. Our speedy little kitty pilot stopped in at The Digital Reader site. With a little digging he found a post about Barnes and Noble's holiday sales figures.

How can we help them?

According to The Digital Reader site owner Nate Hoffelder, Barnes and Noble announced in a press release that holiday sales revenue was down compared to last year's holiday revenue. It appears lower bricks and mortar store shoppers contributed to the 6.4 percent decline. Online sales also declined, but by only 4.5 percent. The company projects the next quarter sales will also be down.

Panzer says, "Hmm ... Obviously ...The restaurants with alcohol in the stores isn't working. Maybe ... Do a little work on the Nook? Or work on the Nook for PC app?"

Note: This is a short post. Bring a cup of tea and a cookie (biscuit) for today's reading selection.

To read the post tootle over to Barnes and Noble

Barnes and Noble's Sales Slump and It's Impact

24 days until Christmas

Panzer was awoken from his morning nap today by crying and wailing. Hopping into the Panzermobile took him first to the Publishers Weekly site and then to the Forbes site. Both have posts about Barnes and Noble's second quarter sales.

At his first stop our kitty boy learned that according to the Publishers Weekly post by Jim Milliot, Barnes and Noble's second quarter revenue/sales figures were reported. Revenue/sales were down nearly 8 percent compared to the same time period last year. Barnes and Noble attributed the book sales slump to lower sales in coloring books and the Harry Potter and the Cursed Child. There was also a decline in non-book sales like games and the Nook.

At his second stop he learned that according to the Forbes' post by Jonathan Ponciano, Barnes and Noble's second quarter sales slump also caused a 10 percent decline in their stock price as well. As the bookstore chain moves forward it does intend to place more emphasis on books and less on general merchandise.

Panzer says, "This little kitty thinks we need to help Barnes and Noble increase their holiday sales. ... Here's my plan ... Buy something from them. ... Hint: They do sell Cat Wisdom for humans ebooks and paperbacks."
 
Note: These combined posts are a long read. Bring a thermos of tea and a dozen muffins for today's reading selections.

To read the Publishers Weekly post, tootle over to Barnes and Noble sales

To read the Forbes post, tootle over to Barnes and Noble stock

B&N Eyes Revenue Growth - Publishers Weekly

Today, Panzer made a quick trip to the Publishers Weekly site. With just a little digging around our cute kitty boy found a post about Barnes and Noble's sales revenue. Panzer told you a couple of days ago about Barnes and Noble's decline in sales in their 2017 Fiscal Revenue Report.

Maybe make them cat friendly, too?

According to Jim Milliot's post, Barnes and Noble is planning to make some changes in the hopes of bringing about company revenue growth. CEO Demos Parneros advises the company is undertaking plans to make stores more customer friendly. While 2017 juvenile book sales were down as were adult coloring books among other sales declines, BN.com sales were up 3.9 percent. CEO Parneros advises other plans include reducing under performing book categories to make room for the more popular categories. Mr. Parneros doesn't expect an instantaneous turnaround and is instead looking at long term goals.

Panzer says, "Hmm ... BN.com sales are up. That's good."

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

To read today's post tootle over to Barnes and Noble revenue growth

To read the post about Barnes and Noble's 2017 Fiscal Report, tootle over to Barnes and Noble sales reports

Germany's Publishing Revenue Rises 1% in 2016 - Publishers Weekly

Today, Panzer made a trip to the Publishers Weekly site. There our traveling kitty found a post about the state of the German book market.

The figures don't look good to me.

According to Ed Nawotka's post, Germany's total 2016 book sales revenue figures are now available. The total 2016 revenue rose just 1 percent compared to 2015. The biggest increase for the period was in children's book sales at 9 percent. Ebook sales, however, were nearly even for the time period having only risen .1 percent. Book translations did show a rise for the period from 12.4 percent in 2015 to 13.6 in 2016. There are graphs and charts to illustrate the percentages in book publishing numbers, genres and revenues.

Panzer says, "Hmm ... Ebook sales were flat?"

Note: With the charts and graphs this is a v-e-r-y l-o-n-g post. Bring a thermos of tea and half a dozen muffins for today's reading selection.

To read the post, tootle over to Germany's publishing

Barnes and Noble Ousts CEO, Ron Boire - PW (Publishers' Weekly)

Panzer was tootling around in the Catosphere when he heard strange noises coming from the PW (Publishers' Weekly) site. Zipping over, he discovered some news about Barnes and Noble. Our inquisitive kitty does like to keep up to date on the goings on at Barnes and Noble. Their ebook selling site is the main outlet for his ebook sales.

According to a post by Rachel Deahl, Barnes and Noble announced the ousting (termination) of CEO Ron Boire. This comes on the heels of the disclosure that the company's June revenue showed a 3.1 percent decline with losses from the bn.com site and Nook sales. In the wake of Mr. Boire's departure, Barnes and Noble founder Len Riggio announced he will postpone his retirement until a replacement is found. Book publishers asked about the news were surprised and unhappy with the announcement.

I'll never understand humans.

Panzer says, "Let me see  ... Barnes and Noble announced a while back they were going to concentrate on building up their brick and mortar stores' restaurants and serve alcohol in them ... and ... cut back on the Nook. ... Hmmm ... Now Nook sales are down ... and ... the bn.com site (which sells ebooks for the Nook) sales are down. Coincidence? This kitty thinks not."

Note: This is a medium length post. Bring a cup of iced tea and cookie (biscuit) for today's reading selection.

To read the post, tootle over to Barnes and Noble

2015 U.S. Book Publishing Revenue Flat: Print Sales Rise as Ebook Sales Decline - Book Business

Panzer was just tootling around in the Catosphere when the Panzermobile was buffeted and shaken by the sounds of crying and wailing. Our big brave kitty boy followed all the moaning to the Book Business site. There he found the source was a post about declining ebook sales.

Don't worry. It's just a craze.

According to the post by Ellen Harvey quoting from the Association of American Publishers' annual report, ebook sales comparing 2014 and 2015 are down. While that was happening, print book sales increased for the same time span. So what happened? For one thing, adult coloring books happened. Between the 2014 and 2015 time span is when the adult coloring book craze took off. Adult coloring books have to be printed books, so a jump in print book sales. The post includes charts  covering sales revenue and volume as well as genre breakdowns.

Panzer says, "So ... Adult coloring books are responsible for the turn around in print book sales. Humans are such an interesting species."

Note: This is a long post. Bring a glass of milk and two muffins for today's reading selection.

To read the post, tootle over to print sales