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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The Powerful Impact of Digital Media on Mass Shootings

The digital media age has exerted profound influence on how we see the mass shootings phenomenon. Through Twitter and other social media platforms, the public begins to learn of these attacks as they unfold in real time. Misinformation and political outrage also spread swiftly. A popular... Continue reading at Literrary Hub

[ Literrary Hub | 2022-04-08 08:49:42 UTC ]
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Zestworld Launches Digital Comics Venture with $9 Million in Funding

Zestworld announced it has raised $9.37 million in new funding to create a digital comics publishing and distribution platform for a newly assembled stable of veteran popular comics creators. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-22 04:00:00 UTC ]
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Deception has changed in the digital era, and spies are adapting

The tools and scope of the digital world present unprecedented challenges for intelligence agencies, Amy B. Zegart writes. Continue reading at The Washington Post

[ The Washington Post | 2022-03-18 12:00:04 UTC ]
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Quarto Group Posts Double-Digit Gains in Sales, Earnings

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[ Publishers Weekly | 2022-03-17 04:00:00 UTC ]
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Disney Publishing Teams with ESPN for New Publishing Imprint

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[ Publishers Weekly | 2022-03-04 05:00:00 UTC ]
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‘IPA Academy’ Digital Publishing Program Set for a March 7 Opening

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[ Publishing Perspectives | 2022-03-02 14:13:03 UTC ]
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‘They excluded me’: Confessions of a Black director at a digital media company who felt ‘invisible’

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[ Digiday | 2022-02-22 05:01:00 UTC ]
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George RR Martin to team up with Marvel for new comic book series

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[ The Guardian | 2022-02-19 12:39:49 UTC ]
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[ Publishing Perspectives | 2022-02-14 09:53:00 UTC ]
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What a $6.5 million Super Bowl ad can buy in digital media

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[ Digiday | 2022-02-11 05:01:00 UTC ]
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[ Publishers Weekly | 2022-02-11 05:00:00 UTC ]
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[ Publishers Weekly | 2022-02-07 05:00:00 UTC ]
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[ AdWeek | 2022-02-01 14:00:00 UTC ]
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Olympian Harrington teams up with Booker-winner Doyle on autobiography

Olympic gold medallist Kellie Harrington has teamed up with Booker Prize-winning author Roddy Doyle to write her autobiography. Continue reading at The Bookseller

[ The Bookseller | 2022-01-29 11:05:49 UTC ]
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[ Silicon Valley Business Journal | 2022-01-27 23:14:12 UTC ]
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[ Publishers Weekly | 2022-01-12 05:00:00 UTC ]
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Loyola Relocates, Gears Up for Digital Growth

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[ Publishers Weekly | 2022-01-12 05:00:00 UTC ]
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[ The Bookseller | 2022-01-09 18:47:31 UTC ]
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