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Google Play Continues Growth

Google reported first quarter earnings Wednesday afternoon that were somewhat short of analysts' expectations on both sales and earnings. Our narrow interest in their earnings reports remains the hints regarding their expanding Play store. The category that includes Play results -- "other revenues" -- was up 48 percent compared to…

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Wattpad Takes $46 Million It Doesn't Need Yet; PRH UK Announces Reader Bookshelves; New eBook Courses and Certificates

Wattpad announced in a press release that it has raised $46 million in Series C funding, led by OMERS Ventures with participation from August Capital, Raine Ventures, and Northleaf Venture Catalyst Fund. Wattpad's existing investors also participated in the round. The company will use the funds to expand their staff…

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Diesel eBooks Will Shut Down By Month's End

Diesel eBooks finally confirmed that it is shutting down by the end of the month, just shy of its tenth anniversary. The news was made more obvious as a result of the company's March 14 lawsuit (under the "new" name of Lavoho, Inc.) against Apple and the "Agency Five" publishers…

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Microsoft Will Try Again with "Microsoft Consumer Reader"

Microsoft has expanded ambitions for the ebook market beyond their existing partnership with Nook Media, indicated through amendments to their contract with Barnes & Noble filed with the SEC. As with the previous agreements, key portions are redacted, but the important development is plans to release a Microsoft Consumer Reader.…

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Sony to Transfer North American Reader Store to Kobo

As we had heard a while ago, in conjunction with their quarterly earnings release Sony confirmed that they are turning over the North American Reader market to Kobo. "Sony's Reader Store customers and their current ebook libraries will transfer to the Kobo ecosystem starting in late March," they say in…

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Soft Holiday Sales for Barnes & Noble Are Still An "Improvement" As Digital Content Falls Again

Barnes & Noble followed up their weak second quarter sales report with some improvement over the following 9-week holiday sales period (through December 28): Same-store sales at the BN superstores and BN.com declined 6.6 percent overall, and 5.5 percent on a comparable-sales basis, at $1.1 billion. But nearly all of…

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Nook Store for Windows Launches Internationally

Just a day before reporting second quarter earnings, Barnes & Noble's Nook has finally launched their long-promised international sales rollout -- which works through Windows 8.1 devices. The new app and expanded storefront is said to be available in 32 countries in all, primarily across Europe (but also Australia and…

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Amazon Opens Australian Kindle Store

Amazon launched a Kindle store in Australia, which lets people there buy in local currency instead of purchasing through the US Kindle store and is said to more prominently feature local authors and publishers. Multiple Amazon devices are now for sale in Australia in local currency as well, and retailers…

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Intel Buys Kno; Kindle Said to Eye Sweden; Ransom's Free Resources

Big companies, and big investment, continue to flow towards "ed-tech," as Intel announced on Friday that it acquired education software company Kno. Intel had previously made a$20 million investment in the company, as part of a $37.5 million round of financing in 2011. Kno started as a hardware company, aiming…

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Harper Launches Reader App and Direct eBook Sales, Starting with CS Lewis

HarperCollins has relaunched their CS Lewis and Narnia websites, adding for the first time a direct-sales ebookstore to both sites, selling Lewis's work in English in ebook editions in major territories around the world. As part of that new ebook sales offer, they have launched a branded Harper Reader app…

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