Amazon announced its new ereader, the Kindle Oasis, on Wednesday morning after a banner ad for the Amazon Android app leaked some of the details. The new device is waterproof: “it’s designed to withstand getting splashed at the beach or dropped in the bath tub, hot tub, or pool.” It also has a fast-charging battery that enables it to charge in two hours, plus the longer-than-before battery life. It’s priced at $249.99 for the 8 GB model and $279.99 for the 32 GB model, as ever, with ads. Other features include a 7-inch screen, the highest-resolution yet, and the “fastest page turns of any Kindle e-reader.” […]
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Amazon Files Arbitration Against Multiple Bad Actors, Alleging Purchase of Fake Reviews and KDP Fraud
Amazon filed five different arbitration demands against an assortment of people and companies trying “to gain an unfair competitive advantage” within the KDP ecosystem. Two cases allege the creation of “false, misleading, and inauthentic customer reviews for their self-published books sold on Amazon.” Amazon says that, “Despite substantial efforts to stamp out the practice, a small number of bad actors continue to endeavor to use inauthentic reviews to boost their sales.” They also say in their demand that since the start of 2015 they have sued “over 1,000 defendants who offered to post fake reviews in exchange for payment.” The […]
Kobo Adds Audio Subscription, Sales
Kobo has launched a broad program of digital audiobooks, available for individual purchase but also available through a $9.99/month subscription, promising “the best value on a subscription plan in the category.” The service is also available in Canada ($12.99/month), the UK (£6.99/month), Australia ($12.99/month), and New Zealand ($13.99/month). CEO Michael Tamblyn says in the press release, “Last year, we built the Kobo Aura One eReader with the help of our best customers, and our new offering is no different. What we unequivocally heard was that they wanted the best deal on audiobooks, and we are pleased to offer the lowest […]
Quarto Falls on Profit Warning, and China Literature Heads for IPO
Ahead of reporting results for the first half of 2017, Quarto Group warned that its earnings guidance “for 2017 and beyond has been set too high.” That’s due to both “a lower-than expected trading performance in the year to date” during “the ongoing soft retail environment” as well as an accounting adjustment from the previous year. With their publishing program weighted towards the fall, they still expect “to perform significantly better in the second half.” The wording sounds mild, but the stock market reacted strongly: Quarto’s have fallen over 25 percent since the announcement. Additionally, Brian Porritt has been appointed interim […]
Corporate: Ingram Pairs with Optiqly; BISG On Rights
Marketing technology and services startup Optiqly — still in private beta and launching shortly — will provide a version of their tools through Ingram’s CoreSource as a subscription service, adapted to focus on servicing the company’s distribution clients. The deal provides Ingram an exclusive among a limited set of large distributors and wholesalers. Ingram Content Group Ventures was the investor in Optiqly’s first seed funding, and they are leading the second seed funding round, underway now. Director of data services at ICG Margaret Harrison says in the announcement, “Publishers understand the importance of metadata and online marketing to access consumer […]
Digital: Kobo Acquires Shelfie, Lost My Name In JV with Roald Dahl Estate
After taking on Shelfie’s customers in February after the service closed, Kobo has now acquired what was left of Shelfie itself — including their technology assets, IP, and the infrastructure on which the ecosystem runs, plus the hiring of Shelfie’s teams. Kobo says that in “the coming months,” it will “work to integrate the Shelfie platform into its Android and iOS apps, enabling readers to add their print libraries to their reading history to generate ever more tailored eBook recommendations, as well as the option to get digital versions of print titles they already own.” Rakuten Kobo ceo Michael Tamblyn says […]