Publishers talk about the iPad, Kindle and other tablets as their salvation. New consumer research suggests that view may be well-grounded: Tablet users are devouring more content -- and are reconciled to paying.
As e-reading continues to gain ground and market share, several new studies shed light on the demographics of those who choose digital: kids love e-readers, men with money buy them, and iPad and Kindle are king.
Sharp Corp. will sell two tablet-type computer devices in Japan by the end of the year as the company looks to expand usage of its Galapagos cloud-based media service.
Sony unveiled a refreshed lineup of its e-book Readers on Wednesday that features a lighter and smaller model, and adds touchscreen displays to all three models. But while Sony's new designs take a page or two from the competition, its heftier price tags don't.
Two of the largest publishing houses have demonstrated again that when authors like Stephenie Meyer or Stieg Larsson become big phenomenons, big sales -- and big profits -- are the result.
Faced with tumbling book sales, Borders, the country's second largest bookstore chain, will begin selling stuffed animal kits from Build-A-Bear Workshop in its stores. It also plans to cut prices of its e-reading devices.
Barnes & Noble reports a consolidated net loss of $63 million, or $1.12 per share. That's considerably more than the loss estimated by investors. Meanwhile, a battle with a major shareholder intensifies.
April Fools' Day may not be so much fun for Borders. The embattled bookseller faces a $42 million payment to its largest investor, Pershing Square Capital, even as it deals with management upheaval, crushing lease agreements and a flagging stock.
You've probably heard a lot about electronic readers, one of the hottest gift ideas for this holiday season. The industry will sell approximately 3 million e-readers this year. Today, we'll take a look at this new reading option and whether it's a good alternative for the frugal reader.
What media-industry developments and market forces will make headlines in the year to come? Pay-to-read online content, tablet computers, mom-and-pop newsrooms and, oh yes -- banks taking over the magazine and newspaper game.
