The Littlest Library in the World – Coming to your Town?

Terry Sennett & Claudia Cooley in front of The Book Booth

Thanks to Joseph-Beth Bookstore in Lexington, KY for finding this story.

On September 3rd, “America’s littlest library” – a library based inside a British telephone booth – officially opened in Clinton Corners, NY. It’s 3’x3’x8’ and fits two people at a time, as long they don’t mind getting a little cozy.

The Huffington Post interviewed Claudia Cooley, who came up with the idea, via email about the workings of the littlest library, why it has no security, and their unconventional plans for Halloween.

READ MORE ON THIS INTERESTING CONCEPT!

Barnes & Noble losing less money

NEW YORK (AP) — Barnes & Noble Inc. said it narrowed its net loss in its fiscal first quarter as sales of its Nook e-book reader and e-books helped offset lower physical book sales.

The company also sounded a positive note about the holidays, saying that traffic will benefit from the fact that its chief rival, Borders Group, will be shuttered by then. Barnes & Noble shares rose nearly 15 percent, or $1.70, to close at $13.13.

“Investors are just feeling assured that Barnes & Noble isn’t following Borders’ downward spiral and the money they’re spending on the Nook … it’s paying off,” said Simba Information senior trade analyst Michael Norris.

Traditional booksellers like Barnes & Noble are facing tough competition from online retailers and discount stores. But the company has invested heavily in its e-book reader to combat this, a strategy that seems to be gaining traction.

“In fiscal 2012, we expect to see leverage as our digital sales growth is projected to exceed the growth of investment spend,” said CEO William Lynch.

Barnes & Noble, which received a $204 million investment from former suitor Liberty Media in August, said its Nook business, including Nooks themselves, e-books and magazines and other digital content and accessories, rose 140 percent to $227 million during the quarter.

The largest U.S. traditional book retailer says its net loss was $56.6 million, or 99 cents per share. That compares with a loss of $62.5 million, or $1.12 per share, last year. Analysts expected a loss of 94 cents per share.

Revenue rose nearly 2 percent to $1.42 billion from $1.4 billion. Analysts expected $1.46 billion in revenue.

Revenue in stores open at least one year __ a key indicator of a retailer’s health __ fell 1.6 percent at regular stores and 1.8 percent at college bookstores. But revenue from the web site rose 37 percent, driven by sales of Barnes & Noble’s Nook Color and Nook Simple Touch Reader, as well as digital content.

Barnes & Noble says it expects to get a lift in sales of $150 million to $200 million after former rival Borders, which declared bankruptcy in February and said it would liquidate in July, completes liquidation sales and ends operations.

“We’re convinced this holiday will be the biggest traffic we’ve had in the stores over five years,” Lynch said in a call with analysts.

In fiscal 2012, the company expects a net loss of 10 cents to 50 cents per share on revenue of $7.4 billion. Analysts expect a net loss of 16 cents per share on revenue of $7.43 billion.

The New York company expects revenue from its Nook business to double in 2012, to $1.8 billion from $880 million.

Read While You Wait e-books

college courseThe online textbook vendor Chegg has launched a new “read while you wait” feature that gives its customers access to an ebook version of some books while the paper versions ship.

“Read while you wait” ebook access costs $1.99 and will be valid for seven days.

The short ebook pass is not available as a standalone product, which means it’s only available as an add-on to the price of a physical book.  LEARN MORE

The Amazon Tablet is Real

Tech Crunch reports: “…not only have I heard about the device [Amazon Tablet], I’ve seen it and used it. And I’m happy to report that it’s going to be a big deal. Huge, potentially.

First of all, before every commenter asks, no, sadly, I don’t have any pictures to share. That was the one condition of me getting this information. So instead you’ll have to rely on my prose to draw a picture of the device in your head. Or you can just look at a BlackBerry PlayBook — because it looks very similar in terms of form-factor.

“So here’s what I know and what I saw – READ THE TECH CRUNCH PREVIEW

Is Book Banning Dead?

Could Hitler still ban books today?Can you still ban a book circa 2011?

“In the small town of Republic, Missouri, they’ve banned Kurt Vonnegut’s classic “Slaughterhouse-Five” after a columnist included it in a group of “filthy books demeaning to Republic education.” It was stricken along with the dubious classics “Twenty Boy Summer” (I shouldn’t judge, I haven’t read them, but anything with the title “Twenty Boy Summer” doesn’t sound promising).”

Is this even possible in this day and age? READ MORE

Can Authors Survive in the New Publishing World?

“With the era of digital publishing and digital distribution, the age of author advances is coming to an end,” explained Ewan Morrison at the Edinburgh international book festival.  “Without advances from publishers, authors depend upon future sales; they sink themselves into debt on the chance of a future hit. But as mainstream publishers struggle to compete with digital competitors, they are moving increasingly towards maximising short-term profits, betting on the already-established, and away from nurturing talent.”

The Bookseller claimed in 2009 that “Publishers are cutting author advances by as much as 80% in the UK”. A popular catchphrase among agents, when discussing advances, meanwhile, is “10K is the new 50K”. And as one literary editor recently put it: “The days of publishing an author, as opposed to publishing a book, seem to be over.”

 “Publishers are focusing on… READ THE FULL SPEECH

NY Times Writer analyzes various e-readers

Which ereader is best?

Which ereader is best?

Here is the critical question for us avid readers: Which e-reader or tablet is the best for reading books?

“So I set out to try them all, reading a chapter on each: the Amazon Kindle, the first- and second-generation Apple iPads, the Barnes & Noble Nook, an iPhone, a Windows Phone, a Google Android phone, a Google Android tablet and a laptop computer. To be fair, I also read a chapter in that old-fashioned form — a crumply old print paperback.”

READ THE ANALYSIS

Thomas Nelson releases their first Enhanced e-book

Thomas NelsonChristian publishing firm Thomas Nelson announces the creation of the company’s first enhanced e-book, which released on Aug. 25. This landmark e-book by New York Times best-selling author and pastor Max Lucado features the full digital content of his most recent bestseller, Max on Life: Answers and Insights to Your Most Important Questions (Thomas Nelson, April 2011) in addition to audio and video elements.

“We knew Max Lucado would be the perfect author to launch our first enhanced e-book,” says David Moberg, Sr. Vice President and Group Publisher, Thomas Nelson.

The enhanced e-book features all editorial content from the trade book, Max on Life, as well as a personal video introduction from Lucado for each of seven core sections: hope, hurt, help, him/her, home, haves/have-nots, hereafter. Sprinkled throughout the book are embedded one-minute audio segments.

The enhanced e-book released in the Apple iBooks Store and Barnes and Noble Nook Store on Aug. 25 with an Amazon Kindle Store version following.

Written with candor, humor and a pastor’s heart, Max on Life reads like an advice column from one of the most respected voices in inspirational writing. Lucado’s answers draw from the wisdom and experience of more than 30 years of preaching.

Daily Deals on Kindle Books

Amazon is now offering “daily deals” on Kindle books. Competing against the likes of Groupon, this idea seems long overdue and welcome news to avid readers.

Yes, let’s hope that Amazon continues to offer book deals across a wide range of genres.

Click here for More details on the new Amazon program. Here is a link directly to the Kindle Deals page.