The Kindle Unlimited KDP Select Global Fund for March 2021 rose to $35.4 million from $33.5 million in February while the KENP rate for March 2021 edged down to $0.0044 from $0.0045 in February 2021.
London Book Fair has scrapped plans to run an in-person event this year and will run an online event in June that will be free to visitors, with a return to a physical event postponed to 2022.
Amazon is introducing Kindle Vella as a new serialized storytelling option available through Kindle Direct Publishing.
Amazon has extended its Sponsored Brands advertising for KDP authors to Europe, with the UK, Germany, France, Italy and Spain added to the scheme which was introduced in the US in November 2020.
Amazon says it is now supporting book series-related content on Amazon.com series detail pages for Kindle Direct Publishing authors.
The Kindle Unlimited KDP Select Global Fund for February 2021 followed the seasonal trend by falling to $33.5 million from $36 million in January while the KENP rate for February 2021 bounced back to $0.0045 from $0.0042 in January 2021.
Amazon’s Kindle Direct Publishing is scrapping the MOBI format for ebooks.
Crime fiction is one of the best-selling genres in the book publishing business and many self-published authors have become best-sellers in the sector, but self-publishing successfully requires a lot of design, production and marketing expertise that may not be part of the writer’s skill set.
Kindle Direct Publishing’s Expanded Distribution option for print books now includes distribution into the UK. Expanded Distribution adds to the usual sales channel of being available through Amazon websites to help you reach more readers through bookstores, online retailers, libraries, and academic institutions.
The Kindle Unlimited KDP Select Global Fund for January 2021 rose by $2 million to $36 million from $34 million in December 2020 as the KENP rate for January 2021 showed its usual seasonal fall to $0.0042 from $0.0045 in December 2020
IngramSpark has added new online retailers and virtual libraries, including new sales models, subscription models and distribution to mobile apps, such as OverDrive.
NetGalley has been bought by Japanese ebook distribution company Media Do in a takeover deal for NetGalley’s owner Firebrand Technologies, which offers a range of services to the publishing industry.
Barnes & Noble Press has increased its ebook royalties to a flat 70% across all prices and has stepped up its payment schedule to pay out authors 30 days after purchase instead of 60 days.
Wattpad is set to join the Webtoon brand in a takeover deal by Korean search engine company Naver that values Wattpad at more than $600 million.
The Kindle Unlimited KENP rate for December 2020 fell back to $0.0045 from $0.0046 in November 2020, while the KDP Select Global Fund for December 2020 rose strongly by $800,000 to $34 million from $33.2 million in November 2020.
The former head of Amazon Publishing’s UK crime and thriller imprint Thomas & Mercer has joined Bonnier Books to set up a new digital-first genre publisher.
Wattpad is reported to be up for sale at around $500 million after 2020 saw the story platform grow strongly amid the Covid pandemic.
Independent UK publisher Joffe Books has hit the 10 million mark in total sales of books since it was set up in 2014 by Jasper Joffe.
Public libraries hit record levels of digital book circulation in 2020 as readers worldwide borrowed 430 million ebooks, audiobooks and digital magazines, a 33% increase over 2019. Ebooks saw a particularly high rise in lending with a 40% increase compared with 2019.
Book review service NetGalley was hacked just before Christmas in a data security incident.
