Of course, another reason for CEOs to go gray is the exodus of well-known authors who have decided that they would rather get a greater chunk of the profits their books generate than whatever percentage their publishers mete out to them. In some cases, this amounts to millions of dollars in royalties that would otherwise have gone to publishing houses.
SEATTLE--(BUSINESS WIRE)--Dec. 26, 2013-- (NASDAQ: AMZN)—Amazon today announced a record-setting holiday season for Amazon Prime, the annual membership program offering unlimited Free Two-Day Shipping on millions of items. More than one million customers around the world became new Prime members in the third week of December. On Amazon’s peak shipping day, more Prime items were shipped worldwide than ever before. The entire 2013 holiday season was the best ever for Amazon, with more than 36.8 million items ordered worldwide on Cyber Monday, which is a record-breaking 426 items per second, and millions of customers unwrapped Kindle e-readers and Kindle Fire tablets this holiday season.
Kindle and Amazon Digital Media Facts:
- Amazon’s digital media selection grew to more than 27 million movies, TV shows, songs, magazines, books, audiobooks, and popular apps and games in 2013.
- Selection in the Kindle Owners’ Lending Library in 2013 grew from 250,000 books to more than 475,000 books.
- More than 200,000 exclusive books were added to the Kindle store in 2013.
- 150 Kindle Direct Publishing authors each sold more than 100,000 copies of their books in 2013. Top sellers this year include “Hopeless” by Colleen Hoover and “Wait for Me” by Elisabeth Naughton. (Read about Colleen Hoover HERE.)
- The best-selling Kindle Direct Publishing author during the holiday season was H.M. Ward.