B&N, Microsoft team up for digital biz

Barnes & Noble Inc. and Microsoft Corp. are teaming up to create a new Barnes & Noble subsidiary that will house the digital and college businesses of the bookseller and include a Nook application for Windows 8.The companies said Monday that they are exploring separating those businesses entirely. That could mean a stock offering, sale, or other deal could happen.The deal gives Barnes & Noble ammunition to fend off shareholders who have agitated for a sale of the Nook business or the whole company. For Microsoft, it represents a move into the ebook business, which has been targeted by Amazon.com, Apple Inc. and Google Inc."Our complementary assets will accelerate e-reading innovation across a broad range of Windows devices, enabling people to not just read stories, but to be part of them. We're on the cusp of a revolution in reading," Andy Lees, president at Microsoft, said in a statement.The partnership with Microsoft will see the Redmond, Wash., company make a $300 million investment in the subsidiary for an approximately 17.6% stake. Barnes & Noble will own about 82.4% of the subsidiary, which has yet to be officially named.The companies said that the subsidiary will have an ongoing relationship with Barnes & Noble's retail stores, but what that relationship will be is unclear.Barnes & Noble, based in New York, currently runs 691 bookstores in 50 states. A representative for the company could not be immediately reached for comment.The... Continue reading at 'Crains New York'

[ Crains New York | 2012-04-30 00:00:00 UTC ]
News tagged with: #ebook readers #increasingly popular #paperback books #important parts #rapid growth #nook app

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Nicholls tells Digital Minds: 'Showrooming is like shoplifting'

Showrooming is just a “genteel form of shoplifting” author David Nicholls told an audience at the London Book Fair Digital Minds Conference this morning (13th April).  Giving a keynote speech at the digital event ahead of the fair's official start tomorrow (14th April), Nicholls spoke of the... Continue reading at The Bookseller

[ The Bookseller | 2015-04-14 00:00:00 UTC ]
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London Book Fair 2015: At Digital Minds, Publishers Urged to Experiment, and Learn

The seventh annual Publishing for Digital Minds Conference kicked off the London Book Fair, with the main exhibits officially opening on Tuesday. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-13 00:00:00 UTC ]
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Restivo-Alessi to Head HC Foreign-Language Team

Chantal Restivo-Alessi, currently chief digital officer for HarperCollins, has been named to the additional post of executive v-p, international. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-13 00:00:00 UTC ]
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AWP 2015: Publishing Pros Point Toward Careers in the Book Biz for M.F.A. Grads

A group of publishing professionals from Riverhead, Graywolf, the National Book Foundation, and Coffee House Press, talked to AWP attendees about the promises and pitfalls of pursuing a career in publishing in a panel sponsored by PW. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-13 00:00:00 UTC ]
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London’s Literary Platform on A Half-Decade of Digital Change

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[ Publishing Perspectives | 2015-04-10 00:00:00 UTC ]
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Digital Content Convention Launching in NYC in 2015

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[ Publishers Weekly | 2015-04-09 00:00:00 UTC ]
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Microsoft, Getty settle copyright dispute

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[ PC World | 2015-04-08 00:00:00 UTC ]
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Infographic: What Digital Stats Can Tell Us About Mad Men, Game of Thrones and Daredevil

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[ AdWeek | 2015-04-04 00:00:00 UTC ]
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Frankfurt Book Fair Unveils New Opener: Digital Spotlight 2015

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[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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E-books: Product or Service? Digital Spotlight 2015

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[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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An Editor at Heart: Digital Spotlight 2015

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[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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Making Digital Proofreading Easier for Illustrated Books, Textbooks

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[ Publishing Perspectives | 2015-04-03 00:00:00 UTC ]
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Sony Debuts New DRM for Publishers: Digital Spotlight 2015

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[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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Ka-Pow! Digital Spotlight 2015

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[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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Olympians: Digital Spotlight 2015

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[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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5 Digital Magazine Trends to Keep an Eye On in 2015

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[ Publishing Executive | 2015-04-01 00:00:00 UTC ]
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[ Digiday | 2015-03-30 00:00:00 UTC ]
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[ Publishers Weekly | 2015-03-27 00:00:00 UTC ]
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[ Folio Magazine | 2015-03-27 00:00:00 UTC ]
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O/R Teams with 'Evergreen Review'

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[ Publishers Weekly | 2015-03-26 00:00:00 UTC ]
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