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Judge Not Satisfied With Apple eBook Settlement

doj304U.S. District Judge Denise Cote is not satisfied with the settlement that requires Apple to pay $450 million to  put an end to the eBook price fixing case.

Reuters has the scoop: “…she found ‘most troubling’ a clause requiring Apple to pay only $70 million if an appeals court reversed her finding that the company is liable for antitrust violations and sent it back to her for further proceedings.”

Apple was found guilty of eBook price fixing in July 2013. The company agreed to the settlement to avoid a trial after losing a number of appeals.

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Anti-Porn Group Calls ’50 Shades of Grey’ Film Deceiving

Fifty Shades 200Morality in Media, a anti-porn watchdog, has launched a campaign against the film adaptation of 50 Shades of Grey. The film’s trailer was released yesterday and the criticism comes in response to the release.

The organization claims that the film “deceives the public with a visually appealing melodramatic love story that romanticizes and normalizes sexual violence.”

Here is more from the organization’s statement: “A warning to the women lining up to see this film: There is nothing empowering about whips and chains or humiliation and torture. Women as a group will not gain power by collaborating with violent men. Women would be serving only as an agent to further their own sexual degradation, handing themselves on a silver platter to exactly the sort of men who want to use and abuse them, and take away their power.”

Arianna Huffington: ‘In writing as in life, don’t be afraid to take risks and experiment.’

AriannaBack in 2013, The Huffington Post editor-in-chief Arianna Huffington delivered a commencement address at Smith College. This act inspired her to write a book on looking beyond the acquisition of money and power to Thrive. Check out the highlights from our interview below…

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Amazon Reports Net Sales Up 23% in Q2, Operating Loss $15M

amazon304Amazon’s net sales reached $19.34 billion in the second quarter of 2014, up 23 percent from  $15.70 billion which the company reported in the second quarter of 2013.

The company also repaired that its operating loss was $15 million during Q2, as compared to an operating income of $79 million in Q2 2013. In addition, Amazon’s net loss was $126 million in the second quarter as compared with a net loss of $7 million in Q2 2013.

Here is more from the financial release: “Operating cash flow increased 18% to $5.33 billion for the trailing twelve months, compared with $4.53 billion for the trailing twelve months ended June 30, 2013. Free cash flow increased to $1.04 billion for the trailing twelve months, compared with $265 million for the trailing twelve months ended June 30, 2013. Free cash flow for the trailing twelve months ended June 30, 2013, includes cash outflows for purchases of corporate office space and property in Seattle, Washington, of $1.4 billion.”

ScreenJunkies Creates an ‘Honest Trailer’ For ‘Divergent’

Have you ever confused two dystopian stories with one another?

The team behind the ScreenJunkies YouTube channel created a hilarious “Honest Trailer” for the first installment of the Divergent film franchise.

Th video embedded above includes mentions of The Hunger Games, Harry Potter, The Fault in Our Stars, Twilight, and The Spectacular Now. (via Entertainment Weekly)

Stephen Colbert Interviews Hachette Author Edan Lepucki

As part of his battle with Amazon, Stephen Colbert has been promoting the book California by first time novelist Edan Lepucki.

His goal was to help Lepucki land on The New York Times bestsellers list – a rare occurrence for a first time novel – even though the book was not available for sale on Amazon due to fierce negotiations with her publisher Hachette. The push worked and the title has landed the third spot on the list, despite not being available through the nation’s largest online book site.

To celebrate the success, Lepucki was on The Colbert Show last night to discuss her success. On the show, she recommended the debut novel Sweetness No. 9 by Stephan Eirik Clark, another Hachette book that is currently not available on Amazon. We’ve embedded the clip above for you to enjoy.

Jack White is Getting Into the Book Business

thirdmanbooksWhite Stripes frontman Jack White has launched a book publishing company called Third Man Books.

The imprint launches with a poetry collection entitled Language Lessons, co-edited by Chet Weise and Ben Swank of Third Man Records, White’s record label. Poets that contributed work to the collection include: Dale Ray Phillips, C.D. Wright and Adrian Matejka. The title consists of a book, 5 broadsides of poems intended for framing, along with two vinyl records. The records feature musical recordings by artists including: William Tyler, Destruction Unit, Ken Vandermark and Sampson Starkweather.

According to the publisher’s website: “Third Man Books, Like Language Lessons, will be fearless, imaginative, and eclectic. We hope to be a welcome addition to what is already a very compelling and thrilling independent American literary landscape.”

Scholastic’s Revenue Grew 2% in 2014, 8% in Q4

Scholastic LogoScholastic’s total revenues for fiscal 2014 reached $1.82 billion, representing a 2 percent increase from $1.79 billion in 2013. The company also revealed that its fourth quarter revenues for the year were $549.3 million, up 8 percent from the $506.9 million in revenue that the company brought in during the fourth quarter of 2013.

The company also revealed that its Book Clubs revenue rose 12 percent during 2014 and that its  education technology sales grew by 9 percent during the year.

The publisher expects their momentum to continue into 2015. Here is more from the press release:

In fiscal 2015, Scholastic expects revenue growth and enhanced profitability across the majority of its businesses and channels.  In its children’s book businesses, the Company’s outlook reflects expectations for continued growth in its re-positioned book clubs and increased revenue per fair in its book fairs unit.  Scholastic also expects the recent success of Minecraft to continue, with two additional titles and a boxed set scheduled for release later this year, as well as new titles in many of its bestselling series, like Captain Underpants and Star Wars: Jedi Academy.

Oyster Now Available on Web & Mobile Browsers

web_reader_2eBook subscription service Oyster has expanded beyond apps and is now also available on the web and mobile browsers.

The news comes a week after Amazon revealed that it was getting into the eBook subscription business, steep competition for Oyster who so far has been leading the way in the Netflix-for-books business. According to Oyster, June was the company’s biggest month during which its total subscriber base grew by 35 percent. The company also revealed that there are more than 3 million pages read on Oyster a day.

The new platform will help make it more accessible to readers that do not have smartphones or tablets to read on.
“Knowing that about a third of ebook readers regularly read on the web, we’ve had our sights set on this launch for some time,” explained Eric Stromberg, Co-Founder and CEO of Oyster, in a statement. “This marks an important next step on our mission to provide the best product on as many devices as possible.”

International Best-Selling Author Paul McKenna on His Writing Process

McKenna-article

Paul McKenna, the hypnotist and self-help guru from the UK, has a gift for writing best-selling nonfiction books. After an early career in radio, McKenna transitioned to TV and then to publishing. He’s written 16 nonfiction books, with provocative titles like I Can Make You Thin, which happens to be the best-selling self-help book in UK history.

In our latest So What Do You Do column, McKenna talks about the way he revolutionized nonfiction books (by putting a CD in the back, with a hypnotic trance on it) and why he’s not interested in writing an intellectual tome:

When I’m writing a book, I imagine I’m holding a copy of the book, and I start to flick through it and I get a sense of the emotional tone, or I get a sense of the pace of the book, whether it’s short chapters or long ones. The other thing I do is imagine the [reader] is sitting in front of me, and I think, ‘What do I need to tell them to help them get better?’ My readers need enough science to tell them that what they’re about to do is safe and has been practiced on other people and is a worthwhile process and then I walk them through it. And I’m not interested in writing intellectual books for other intellectuals to read. I’m interested in helping as many people as I can, in as easy and painless a way as possible.

For more from McKenna, including how he got his very first book published, read: So What Do You Do, Paul McKenna, Best-Selling Author, Hypnotist and Host of Hulu’s McKenna?

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