Tag - Random House
Penguin and Random House have announced they will merge to become the world's biggest English-language book publisher. This is likely a result of the ever-growing and competing e-book market, though neither admits it. Under the terms, Random House will own 53 percent of Penguin Random House, while Penguin will take the rest.
Random House helped set a possible precedent for e-books in libraries late last week after it agreed to a deal on lending. While it would raise the price for an e-book by an unspecified amount, the term would guarantee that libarires could have any title they want and provide an unlimited number of loans. The deal was portrayed to Publishers Weekly and others as giving authors fair compensation while still letting libraries treat e-books like they would paper.
3M Library Systems announced it will launch an e-book lending service that will let iPad, Nook and Android tablet owners borrow e-books from local libraries. The service, called 3M Cloud Library, will include software, hardware and content accessible from special apps or in libraries via touch-screen terminals. Publisher partners include Random House and IPG, with more expected to arrive soon.
Weeks after he took a leave of absence from the company, Apple CEO Steve Jobs made a surprise appearance on stage at Apple's March 2nd event in San Francisco at Yerba Buena Gardens. Greeted with a standing ovation when he took the stage, Jobs revealed that Apple had been working on the next-generation iPad and that he was not going to miss the unveiling. He began by noting that over 100 million books downloaded from the iBookstore and that publishing giant Random House was coming to the store with over 17,000 books and that Apple had signed over 2,500 publishers.
Some Random House books are beginning to appear in the US iBookstore, a report says. While only a few are present so far -- Randon House Webster's Pocket Grammar, Usage, and Punctuation being a given example -- the shift indicates that Random House has indeed made concessions and become the last major publisher to support iBooks. On Monday the company switched to an agency model, likely with the iBookstore in mind.
Random House on Monday said it would switch e-book business models in what's likely a sign of a deal for Apple's iBookstore. The publisher planned to switch to an agency model, where it will set the price and a given bookstore takes a flat percentage of the sale. Its switch takes effect Tuesday and will help it "forge new retail relationships" as well as expand its overall e-book sales.
Random House has resolved a dispute with literary agent Andrew Wylie over rights to publish e-book versions of 13 classic books. According to a New York Times report, both parties have agreed that Random House will retain the rights for digital distribution.
Fairmont Hotels will give their Gold members at ten locations in the US and Canada the opportunity to use a Kobo eReader during their stay. Each contains new Random House bestsellers and have access to the Kobo e-book store for purchasing other books. When guests return their readers, they will get coupons for $2 off certain Random House e-books.
Amazon on the same day as it posted financial results obtained a potentially key book deal in its escalating wars with Apple and Barnes & Noble. The online retailer has bypassed publishers entirely and agreed with agent Andrew Wylie to exclusively publish books online by famous authors he has represented. Wylie's agreement gives the Kindle store sole e-book rights to authors such as the late Norman Mailer and John Updike as well as Philip Roth and 17 other writers.
Apple's claim that it garnered 22 percent of e-book sales in the US isn't truly accurate, analysts warned this afternoon. The figure is only among the five major publishers that have agreed to sell through the iBookstore and doesn't count Random House, which sells through Amazon but doesn't yet support Apple. Independent publishers also aren't factored into the data.
Now AAPL Stock: 109.9 ( + 0.41 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE