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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Revlon Products Play a Starring Role in #GoBold, Hearst's New Digital Video Series

Hearst Magazines, the publisher of Cosmopolitan and Elle, has sold a big Revlon campaign including a 10-episode digital-video series called "#GoBold."A spokeswoman for Hearst said the campaign's price tag is a "healthy seven figures" and includes not only the video series but also print pages,... Continue reading at Advertising Age

[ Advertising Age | 2014-07-14 00:00:00 UTC ]
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The literary World Cup: readers' best all-time teams

Could goalie Camus cope with an attack formed by Burroughs, Ballard and Bolaño? Guardian readers imagined football squads made from their favourite writers. As the World Cup comes to an end, we take a look at our best fictional elevens. But what team would you put your money on? Back when the... Continue reading at The Guardian

[ The Guardian | 2014-07-11 00:00:00 UTC ]
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Sponsored Content is the Holy Grail of Digital Publishing. But Does it Work?

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[ Editor & Publisher | 2014-07-10 00:00:00 UTC ]
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Microsoft gives away nearly 300 free, tip-packed ebooks and resource guides

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[ PC World | 2014-07-09 00:00:00 UTC ]
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Microsoft gives away almost 300 ebooks -- master Windows 8.1, Office 365, and much more

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[ Betanews | 2014-07-08 00:00:00 UTC ]
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Will a new editor find an audience for his 'religiously digital' newspaper?

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[ The Guardian | 2014-07-08 00:00:00 UTC ]
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[ Publishers Weekly | 2014-07-08 00:00:00 UTC ]
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[ Publishers Weekly | 2014-07-08 00:00:00 UTC ]
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[ Silicon Valley Business Journal | 2014-07-04 00:00:00 UTC ]
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[ Publishers Weekly | 2014-07-04 00:00:00 UTC ]
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[ The Guardian | 2014-07-03 00:00:00 UTC ]
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[ AdWeek | 2014-07-03 00:00:00 UTC ]
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[ Publishers Weekly | 2014-07-01 00:00:00 UTC ]
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[ The Bookseller | 2014-06-27 00:00:00 UTC ]
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[ Folio Magazine | 2014-06-26 00:00:00 UTC ]
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[ Editor & Publisher | 2014-06-26 00:00:00 UTC ]
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[ The Bookseller | 2014-06-25 00:00:00 UTC ]
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[ Publishers Weekly | 2014-06-24 00:00:00 UTC ]
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[ Folio Magazine | 2014-06-24 00:00:00 UTC ]
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[ Publishing Perspectives | 2014-06-23 00:00:00 UTC ]
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