Kobo owner Rakuten has sold off its library distribution platform OverDrive to global investment firm KKR in a surprise deal concluded on Christmas Eve.
Amazon Advertising adds France, Italy and Spain for KDP authors
Amazon has now added France, Italy and Spain to the list of countries covered by its advertising scheme for KDP authors.
Germany slashes tax on ebooks while UK lags behind with high VAT rate
Germany has moved to cut back the tax charged on ebooks from 19% to 7% --- a fall of 63%. The ebook tax rate is now at the same level of tax charged on print books in Germany.
Kindle Unlimited KENP rate for November 2019 sees strong rise as annual KDP Select fund increase looks set for 12%
The Kindle Unlimited KENP rate for November 2019 rose strongly to $0.0049 from $0.0046 in both October and September, while the KDP Select Global fund rose by $100,000 to $26.1 million from $26 million in October.
Lisa Regan re-ups with Bookouture in multi-book deal for million-selling Quinn detective woman series
Best-selling crime thiller author Lisa Regan has signed a new deal with her publisher Bookouture which covers eight new books in her Detective Josie Quinn series to be published at the rate of three a year.
Unputdownable — Self-published authors sweep Amazon Charts 2019 accolades for compulsive reads
Self-published authors swept through the Unputdownable category in Amazon Charts Review of the Year in Books.
Smashwords starts Presales — and it’s very different from pre-orders
Ebook distributor Smashwords is launching a new scheme called Smashwords Presales, which might sound just like pre-orders but is a way of allowing readers to actually buy and read a new book before the public release date.
Scribd goes for growth with $58 million funding boost
Ebook subscription service Scribd has picked up $58 million in new equity financing which it says will be used for growth, product innovation and enhance operations.
StreetLib adds more audiobook distribution partners
International digital book distributor StreetLib has widened its range of partners for audiobooks by teaming up with Audiobooks.com, Kobo audiobooks, and South American specialist Ubook.
Top horror author switches to self-publishing to reach global audience
Leading horror writer Adam Nevill has self-published his new novel, The Reddening, after realising the potential of being able to reach a worldwide audience of horror fans from day one of publication rather than relying on international rights deals.
Kindle Unlimited KENP rate for October 2019 sticks at $0.0046 in steady trend
The Kindle Unlimited KENP rate for October 2019 stayed at $0.0046, the same rate as in September, while the KDP Select Global fund rose by $100,000 to $26 million from $25.9 million in September.