October 22, 2021

Penguin eBook Sales More than Double During 2011, "Not There Yet" With a Library Business Model

From The Guardian: Pearson has reported a 72% surge in pre-tax profits to £1.15bn for 2011, with ebook sales at Penguin more than doubling and profits at FT Group, home to the Financial Times, up by about a quarter. [Clip] Total revenues across the group, which includes book publisher Penguin and educational holdings, grew 4% […]

OverDrive & Penguin: Is Something Steve Potash Wrote in February a Clue to What’s Going On?

Like many of you, we’re wondering about what cause today’s OverDrive/Penguin news: OverDrive Suspends Access to New Penguin eBook Titles, “Get For Kindle” Access Also Shutdown Only time will tell as to why Penguin decided to change their policy with OverDrive (and libraries) but we’re wondering if a letter by OverDrive CEO Steve Potash to customers (via […]