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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Microsoft invests in Nook ebooks

Microsoft invests $300m in Barnes and Noble's digital business, providing a boost to the Nook ebook reader. Continue reading at BBC World

[ BBC World | 2012-04-30 00:00:00 UTC ]
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Microsoft And Barnes & Noble Announce Partnership For Ebooks

Microsoft and Barnes & Noble are announcing a new partnership to develop and sell educational ebooks on the Nook e-reader. Microsoft is investing $300 million in the subsidiary, while B&N will own the remaining 82 percent of it. (The new operation is being provisionally called "Newco,"... Continue reading at Fast Company

[ Fast Company | 2012-04-30 00:00:00 UTC ]
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Microsoft finds a nook of its own in Barnes & Noble

Microsoft seems to have found an open window back into the ebook business, closing the door on an ongoing patent dispute with its new partner. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-04-30 00:00:00 UTC ]
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Microsoft, Barnes & Noble teach Apple and Amazon a lesson about educational ebooks

Nobody partners, or negotiates deals, like Microsoft. That's evident from today's stunning agreement with Barnes & Noble, which is sure to turn the ebook market on its head. The two will jointly invest in Newco, temporary name for ebook venture that incorporates B&N's digital and College... Continue reading at Betanews

[ Betanews | 2012-04-30 00:00:00 UTC ]
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Microsoft and Barnes & Noble Create E-Book Partnership

Coming up first: A Metro-style Nook e-reader app for Windows 8 that will be available to U.S. and international users. Continue reading at PC World

[ PC World | 2012-04-30 00:00:00 UTC ]
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Microsoft buys Nook stake; Barnes & Noble shares soar

(Reuters) - Microsoft Corp will invest $300 million in Barnes & Noble Inc's Nook e-reader, gaining a foothold in the fast-growing ebooks market as the bookseller gets more firepower to compete against Amazon.com's Kindle and Apple Inc's iPad. Continue reading at Baltimore Sun

[ Baltimore Sun | 2012-04-30 00:00:00 UTC ]
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Digital Rights Managment to be dropped by Tor and other Macmillan sci-fi books

Digital Rights Management software was originally meant to restrict pirating of ebooks, but many complain because of the restrictions it places on users. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-04-27 00:00:00 UTC ]
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What Should Bookstores Stock in a Digital Age?

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[ Publishers Weekly | 2012-04-20 00:00:00 UTC ]
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'Traditional' digital for new J K

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[ The Bookseller | 2012-04-18 00:00:00 UTC ]
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[ The Bookseller | 2012-04-18 00:00:00 UTC ]
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Hudson tells LBF of 'focus on digital’

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[ The Bookseller | 2012-04-18 00:00:00 UTC ]
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[ The Bookseller | 2012-04-18 00:00:00 UTC ]
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Managing the Digital Audience

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[ Folio Magazine | 2012-04-17 00:00:00 UTC ]
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Digital media takes home a Pulitzer

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[ Crains New York | 2012-04-17 00:00:00 UTC ]
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Digital Minds: choice not to pay becoming 'more viable'

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[ The Bookseller | 2012-04-16 00:00:00 UTC ]
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[ The Bookseller | 2012-04-13 00:00:00 UTC ]
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Issuu Integrates Peecho to Transform its Digital Content Into Printed Copies

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[ Editor & Publisher | 2012-04-11 00:00:00 UTC ]
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The misunderstood 'digital native' has a two-minute attention span

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[ Betanews | 2012-04-10 00:00:00 UTC ]
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Yale Publishing Course Aims to Expand Publishing’s International Scope, and Enhance Digital Monetization

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[ Folio Magazine | 2012-04-10 00:00:00 UTC ]
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How Marvel's Digital Superpowers Won Over Brick-And-Mortar Retailers

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[ Fast Company | 2012-03-27 00:00:00 UTC ]
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