German Buch News: October Sales Up 6.4%; Bertelsmann’s Cost-Cutting Works

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary Branchen-Monitor BUCH reports that October book sales in bookstores, supermarkets and online channels were up 6.4% (bringing cumulative sales for the first ten months of the year up by 3.2%). Audiobooks experienced significant growth (+9.3%), with paperback sales improving by 8.4% over October 2008. Sales of fiction increased by a substantial 24.4% over October 2008, thanks primarily to the new titles by …

Global Trade Talk: US Online Price War; EC to Fast Track Digitization Talks; German Sales Up

In Global Trade Talk by Edward Nawotka

By Edward Nawotka and Siobhan O’Leary Mass market retailer Target has joined a worrisome US book price war that started last Thursday and has already reduced the price of some hot new books to a mere $8.99 per copy. As the Associated Press explains, the price cuts began when “Wal-Mart Stores Inc. said its Web site, walmart.com, would charge just $10, …

Global Trade Talk: Changes Coming for the Google Settlement?; Free Sci-Fi from Hachette

In Global Trade Talk, News by Edward Nawotka

By Edward Nawotka On Friday, the Department of Justice (DoJ) filed a brief recommending that the Google Book Settlement should be rejected by the court as it does not meet copyright and anti-trust laws. “Department officials urged the settlement parties to head back to the table,” reports Publishers Weekly. “‘A properly structured settlement agreement in this case offers the potential for …

German Buch News: Book Sales Up 4% in July, Translations Up Too

In German Buch News, News by Siobhan O'Leary

By Siobhan O’Leary July was another good month for the German book trade, with sales climbing 4% for book retailers, department stores, and online retailers, according to the August Branchen-Monitor BUCH newsletter, issued monthly by the Börsenverein des Deutschen Buchhandels (German Publishers and Booksellers Association). This brought overall sales for the first seven months of 2009 up 2.5% over the …