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Alloy Entertainment Launches New Digital Imprint

alloyentertainmentAlloy Entertainment, a division of Warner Bros. Television Group, has partnered with Amazon Publishing to launch a digital-first imprint that will publish young adult and new adult novels, as well as commercial fiction.

The new imprint is called Alloy Entertainment. The imprint launches with three new titles: YA title Imitation by Heather Hildenbrand; coming-of-age story Every Ugly Word by Aimee Salter and sci-fi fantasy adventure Rebel Wing by Tracy Banghart.

Alloy Entertainment will be part of Amazon Publishing’s Powered by Amazon program, meaning that it will use Amazon’s marketing and distribution tools to reach readers.

 

 

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Amazon Picks 100 Children’s Books to Read in a Lifetime

amazon304Looking for books to read to your kids? Amazon editors have put together a children’s book edition of its series of 100 Books to Read in a Lifetime lists.

The list includes classics such as Margaret Wise Brown’s Goodnight Moon, Dr. Seuss’ Green Eggs & Ham and Crockett Johnson’s Harold and the Purple Crayon. The list also includes modern favorites such as Diary of a Wimpy Kid by Jeff Kinney and J.K. Rowling’s Harry Potter and the Sorcerer’s Stone.

We’ve embedded the entire list after the jump for you to explore. Read more

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.”

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.

7.5% of Book Buyers Are Buying Less From Amazon Due to Hachette Dispute

amazon304Amazon’s dispute with Hachette is causing about 7.5 percent of book buyers to buy less from the online retail giant and 1.4 percent of book buyers are buying more, according to figures based on research from Peter Hildick-Smith of the Codex Group.

The research, which includes feedback from about 5,300 buyers, found that slightly more than 39 percent of respondents reported that they are aware of the dispute and among those book buyers. Nineteen percent of these consumers reported buying less books from Amazon, while 4.4 percent of these consumers revealed that they are buying more from the books from the Seattle-based bookseller.

Forbes has more: “The Codex group also found out where those book buyers were going. About half the shifted buying went to Barnes & Noble, independent bookshops, barnesandnoble.com (the online store for Barnes & Noble), used bookshops and Costco, in that order.: (Via Forbes).

Amazon Reveals Kindle Unlimited eBook Subscription Service

kindleunlimitedAfter rumors have been flying all week about Amazon getting into the eBook subscription business, the online retail giant has confirmed the service and has revealed the details. Amazon has launched Kindle Unlimited, a new eBook subscription service that operates as a kind of Netflix for eBooks. The service is available on Kindle devices, as well as on Kindle apps.

Kindle Unlimited gives members access to more than 600,000 Kindle books and thousands of Audible audiobooks for $9.99 a month. This is a larger collection than Oyster, an eBook subscription service that has been taking off this year, which offers 500,000 eBooks in its library and don’t have an audiobook offering. Kindle Unlimited subscribers will receive a complimentary three-month Audible membership, which gives Amazon the ability to provide these members with access to audiobook titles.

Amazon is currently offering a free 30-day trial period so that customers can try out the new service.

Amazon May Have an eBook Subscription Service in the Works

amazon304Amazon may be joining the likes of Scribd and Oyster to offer readers unlimited access to eBooks in exchange for a monthly subscription fee, in the same way that Netflix offers access to movies for paying members.

Community members have been discussing the potential service on the Kindle Boards. It is supposedly called Kindle Unlimited and will allow readers to pay $9.99 a month for unlimited access to Prime books. Posters shared links for the new service on the discussion board, but there is no longer any evidence live on these links. However, there appears to be a “KU” feature in the search menu indicating that perhaps this feature will go live soon.

Amazon already gives free access to streaming movies to Amazon Prime members. In addition, Prime members can borrow one book a month through the Kindle Owners’ Lending Library to be read on a Kindle device. (Via The Digital Reader.)

Authors Guild Calls Amazon eBook Offer in Hachette Dispute “Highly Disingenuous”

authors_guildWhile Amazon’s latest offer in its ongoing dispute with the Hachette Book Group may look like they are trying to be more friendly towards authors, the Authors Guild isn’t buying it.

Essentially on Tuesday, Amazon told Hachette that they would restock their author’s books if the publishers promised to give the authors 100 percent of the revenues on eBooks sold until the dispute between the companies is resolved.

Richard Russo, novelist and co-Vice President of the Authors Guild, published an open letter to Amazon responding to the offer and calling the offer “highly disingenuous.” Read more

Amazon Makes Author-Friendly Offer to Hachette

amazon304

Amazon has made a controversial new offer to Hachette in its ongoing battle with the publisher. The retailer says that it will restock Hachette’s books and pay writers all revenues from the digital sales of their books.

However, there is a catch for the publisher. The Washington Post has the scoop:

“If Hachette agrees, for as long as this dispute lasts, Hachette authors would get 100 percent of the sales price of every Hachette e-book we sell,” Amazon said in a letter sent to authors and literary agents. “Both Amazon and Hachette would forego all revenue and profit from the sale of every e-book until an agreement is reached.”

Hachette has not agreed to this offer. The author-friendly proposal comes after Amazon has faced a huge backlash from authors and readers, including the “I Didn’t Buy It on Amazon” campaign launched by Hachette author Stephen Colbert.

Amazon Adds New Romance Titles to Fan Fiction Worlds

kindleworldsFans of Barbara FreethyBella AndreH.M. Ward and Lucy Kevin can sell fan fiction on Amazon based on selected books from these writers’ work.

Writers can visit this page to start writing for the Kindle Worlds program. Amazon revealed the program earlier last year, allowing authors to write fan fiction based on someone else’s work and share royalties with the rights holders. Here is more about how royalties are paid: ”Amazon Publishing will pay royalties to the rights holder for the World (we call them World Licensors) and to you. Your standard royalty rate for works of at least 10,000 words will be 35% of net revenue.”

Other content included in the Kindle Worlds program include: Ravenswood, G.I. Joe, The World of Kurt Vonnegut, Gossip GirlPretty Little Liars, and The Vampire Diaries; Valiant Entertainment for Archer & ArmstrongBloodshotHarbingerShadowman and X-O Manowar.

 

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