About Michael Cader

Michael Cader is the creator of Publishers Lunch and PublishersMarketplace.com
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Kindle Unlimited "Bestseller" List Encourages Exclusivity, Works Against Independence

A Monday night check of Amazon's Kindle Bestseller list reinforces what we found in our Monday morning post: Kindle Unlimited looks to be having a significant effect on the etailer's hourly bestseller list, since KU checkouts are being counted as "sales" for bestseller rank purposes. On Monday event, 42 of the top…

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Hachette Dispute Is Driving Some Amazon Customers Away

One persistent, unanswered question is whether the generally negative press coverage of the standoff between Hachette Book Group and Amazon has had any effect on the etailer. In a recent survey of almost 5,300 buyers (completed July 19), Peter Hildick-Smith of the Codex Group reports finding high awareness of the…

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Unlimited Consequences

It's early days for Amazon's Kindle Unlimited subscription program -- day four to be exact -- but there is already plenty to note among some of the unusual consequences of the program. For Self-Published Authors, The Deal Just Changed, To...? First and foremost is at least some misgivings among self-published…

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Google Play Grows Again

Google reported second quarter earnings after the close of the market Thursday. The segment in which they report Google Play sales -- "other revenues" -- was up 53 percent compared to a year ago, and up 3 percent from the previous quarter. It comprised $1.6 billion for the quarter. The company said…

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McGraw-Hill Trims Output, Cuts 18 Jobs

The McGraw-Hill Professional division laid off 18 employees this week -- more from the Chicago office, we are told by someone at the company, but with additional reductions from the New York office. President of McGraw-Hill Education Professional Philip Ruppel confirmed, in answer to our query, the "elimination of positions in editorial,…

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Roth and Green Drive Trade Sales Growth In First Quarter

The AAP has released sales statistics for both February and March 2014, showing overall trade sales of $1.414 billion, rising 7 percent compared to a year ago, up $92 million. All of the market growth and then some (another $6.5 million to be exact) is due to children's/YA books, thanks…

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This Is Not A Test: More on Kindle Unlimited

Somehow the idea that Amazon is "testing" Kindle Unlimited got inserted into early stories yesterday, and has been repeated through much follow-on coverage. This is not a test, people. A proper test would be a live, actual offer to a selected group of people, or for a clearly limited period of time.…

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Authors and Kindle Unlimited

Authors understandably have questions about Amazon's not-yet-officially-released Kindle Unlimited subscription service. To expand more explicitly on what we wrote in our first post on Wednesday morning: For Authors/Publishers Participating By Direct Agreement These credits/payments will work in a manner similar to other ebook subscription terms, we are told. Any time…

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Apple to Pay As Much As $450 Million In eBook Settlement

As expected, on Wednesday the full details of the proposed settlement agreement in Apple's ebook pricing litigation were filed with Judge Denise Cote. (Previously, the terms of the agreement had not been announced.) In a "pragmatic settlement," the parties agreed to three possible outcomes, which could have Apple paying as much…

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Bookselling: Employees Buy Women & Children First, Hastings Sale Finalized

Chicago's Women & Children First Bookstore has been sold to two employees, Lynn Mooney and Sarah Hollenbeck, the Windy City Times reported. Their winning bid was one of "eight formal offers" made to owners and founders Linda Bubon and Ann Christophersen. Separately, as expected, the sale of Hastings to a…

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