They’re reading an average 73 hours per year, says Canada’s big ebook and audiobook service, and Rakuten Kobo sees a lot of US politics on its most-read lists in 2018.
‘We allow other industries to cannibalize what used to be time devoted to books,’ says Rakuten Kobo’s Pieter Swinkels ahead of his appearance at Frankfurt’s The Markets conference.
Touting 6 million ebooks and a $9.99 audiobook subscription, the new Walmart partnership with Rakuten Kobo gives the Canadian retailer what it hasn’t had in the US market: brand recognition.
Having once left the American ebook market largely to Seattle, Rakuten Kobo now is hitching a ride with Walmart back into Amazonian America, selling ebooks and audiobooks through the big-box leader.
Ebook sales are driven by people over 50, according to Kobo CEO Michael Tamblyn. Here he talks about designing better ebooks and e-readers to encourage sales.
With a global reach to 34,000 libraries and institutions, digital library lending service OverDrive expands its service to Germany, Austria and Switzerland.
Kobo CEO Michael Tamblyn, in the wake of reports of Rakuten’s write-down, talks of the ‘strongest content sales in our history.’
Japan’s Rakuten, parent company of ebookseller Kobo, has purchased US ebook distributor OverDrive, likely blocking Kindle’s further expansion into libraries.
The acquisition by Rakuten has enabled Kobo to speed up its ambitious overseas expansion, focusing on underserved markets. Japan, Brazil ‘likely’ in 2012.
By Edward Nawotka If this were a Japanese monster movie Mothra would be played by Amazon.co.jp. Amazon in Japan has always been a contender, but one that is too often on the losing side of the fight. (Recently, for example, the company was asked to pay $119 million in overdue Japanese taxes after being accused of failing to properly report …