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Record Number of E-Books Sold in First Quarter, Up 46% Over 2003

Authored by Mark Hefflinger on June 4, 2004 - 3:11pm.
Chicago -- Publishers report that a record 421,955 e-books were sold in the first quarter of 2004, with units sold up 46% and revenues up 28% over the same period a year ago, according to data from the Open eBook Forum. "This quarter eBooks have hit a new high mark for sales," said Open eBook Forum president Steve Potash. "eBooks represent the fastest growing segment of the publishing industry." The group also on Friday released its e-book bestseller list for the month of May, with Dan Brown's The Da Vinci Code topping the list for the third straight month.
tags: E-Books | Record | First Quarter | Sold |

Chairman of Video Game Developer Midway Games Resigns

Authored by Mark Hefflinger on June 4, 2004 - 3:10pm.
Chicago -- Video game developer Midway Games announced on Friday that company chairman Neil D. Nicastro will resign his position, following the company's June 10 stockholder meeting. "I believe that Midway is a tremendous company with a bright future, but for personal and professional reasons the time has come for me to move on," said Nicastro. Viacom chairman and CEO Sumner Redstone, also Midway's largest shareholder, said a successor for Nicastro will be named shortly following the stockholder meeting.
tags: Midway Games | Chairman | Resigns | Video Game Developer |

Report: U.K. Boasts Nearly 4 Million Broadband Users

Authored by Mark Hefflinger on June 4, 2004 - 3:09pm.
London -- A report published this week by telecommunications regulator Ofcom shows that, by the end of April, nearly 4 million people in the U.K. had signed up for broadband Internet services, with nearly1.54 million connections using cable and approximately 2.45 million having DSL. What's more, the report found that about 40,000 people have been signing up for broadband Internet services every week, as consumers increasingly replace narrowband connections with faster ones. Figures also show a growing trend among the British of choosing the PC over the TV, as broadband Internet services are currently the fastest-growing medium in the British home. In fact, the average person in the U.K. uses the Internet for more than 3.5 hours a day, but watches only 2.8 hours of TV, a 12% decrease compared to last year.
tags: Reports | U.K | Broadband Users |

Summer Movies Draw More Traffic to Movie Sites

Authored by Mark Hefflinger on June 4, 2004 - 3:05pm.
New York, N.Y. -- Internet traffic from home to movie sites jumped during the week ending May 30, as surfers logged on for the start of the summer movie blockbusters, according to new statistics from Nielsen/NetRatings, a provider of Internet audience measurement services. Traffic to MovieTickets.com surged 66% to 600,000 unique visitors and traffic to the website for Twentieth Century Fox Film jumped 26% to 372,000 unique visitors. Twentieth Century Fox's "The Day After Tomorrow" opened last Friday. Other big winners were Fandango (up 22%), Movies.com (up 10%) and Internet Movie Database (up 7%). All five sites garnered more traffic last week as compared to the same period last year. "With the summer movie season just beginning, movie sites can expect to see more growth during the coming months," said Kaizad Gotla, an Internet analyst with Nielsen/NetRatings.
tags: Traffic | Summer Movies | Movie Sites |