NetGalley sent out an email (and put a notice on their home page) informing users that the e-galley service has been hacked on Monday, December 21, 2020. The hackers defaced the NetGalley. . . (continue reading)
Authors and publishers pay a hefty fee to use NetGalley. If you are not familiar with the website, readers can obtain advance copies of books. It was originally launched in 2008, distributing galley proofs before release. These books are posted by mainstream publishing houses and independent authors. Apparently the hackers accessed the backup file of the NetGalley database. Not good news.
If you are a reader, author, or publisher, you will have received notification of the breach.
ViacomCBS agreed to sell the 96-year-old company in a deal that potentially creates a megapublisher. A spokesman for Bertelsmann said Penguin Random House had lost market share in recent years and cited Amazon as a competitive threat to the overall book market. The combination of Penguin Random House and Simon & Schuster would be “below 20 percent,” the company said, citing data from the Association of American Publishers, an industry trade group.
What does this mean for readers and authors? Some of your favorite historical romance authors who are under Penguin contracts are Evie Dunmore, Mary Balogh, Amy Rose Bennet, and others. From Simon & Shuster are Julia London, Meridith Duran, and others. The pricey eBook prices from these two traditional publishers of $7.99 and up are no doubt competing with the lower-priced historical romance novels from independent authors on Amazon. The competition for readers is fierce, and the industry is changing to survive.
Walmart is diving into the business of selling ereaders, ebooks, and audiobooks through a partnership with Japanese e-commerce giant Rakuten.
Well, here is a bit of news – Walmart selling eBooks? Sure, why not? They can do so online and also sell Kobo eReaders, as well as romance books. Frankly, Amazon’s domination is huge and retailers are starting to take bold moves against the big A.
“The deal will give Walmart access to the massive ebook market, which is largely dominated by Amazon. Amazon is responsible for roughly 83% of all ebook sales in the US…”