Barnes & Noble Education Sees More Losses in Q3 (publishersweekly.com)

“As we get into the holiday season, we’re excited about what we have in store for customers,” said Andy Jassy, Amazon President & CEO. “We kicked off the holiday season with our biggest-ever Prime Big Deal Days and the launch of an all-new Kindle lineup that is significantly outperforming our expectations; and there’s so much more coming, from tens of millions of deals, to our NFL Black Friday game and Election Day coverage with Brian Williams on Prime Video, to over 100 new cloud infrastructure and AI capabilities that we’ll share at AWS re:Invent the week after Thanksgiving.” Net sales increased 11% to $158.9 billion in the third quarter, compared with $143.1 billion in third quarter 2023. Excluding the $0.2 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with third quarter 2023. Operating income increased to $17.4 billion in the third quarter, compared with $11.2 billion in third quarter 2023.

America’s top 25 largest newspapers have lost 20% of their weekday print circulation since the Covid-19 crisis began, a Press Gazette analysis of Alliance for Audited Media (AAM) data shows. Newspaper circulations have been in decline for years. But our research suggests that the pandemic significantly increased the rate of decline. In the first quarter of 2019, the 25 newspapers had a combined circulation of 4.7m. A year later, this total figure had fallen by 11% to 4.2m. The latest figures for these titles show a combined circulation of 3.4m, down 20% in a year.

Complaints about the lack of transparency in how the New York Times compiles its bestseller lists are nothing new. For years, some publishers have complained that the paper's methodology—relying on point-of-sale data from a secret and select list of stores—can produce skewed and inaccurate results. For publishers of conservative books, the Times' approach has long been a headache. Now, one of these publishers has taken action.