Barnes and Noble: Nook is doing so well that it can be spun off

National bookstore chain Barnes and Noble announced on Thursday that is considering a spin-off of its digital content business surrounding the Nook ebook software platform and its related hardware. The company says the Nook digital business is expanding so strongly that it could be separated from Barnes and Noble's other business units and operate on its own. "We see substantial value in what we’ve built with our NOOK business in only two years, and we believe it’s the right time to investigate our options to unlock that value,” William Lynch, Chief Executive Officer of Barnes & Noble said in a… [Continue Reading] Continue reading at 'Betanews'

[ Betanews | 2012-01-05 00:00:00 UTC ]

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B&N to Outsource Some NOOK Functions

As part of its efforts to rightsize the NOOK business, B&N signed an agreement with Bahwan CyberTek for certain NOOK technology functions and will close two offices. Continue reading at Publishers Weekly

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B&N to split off Nook business

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Barnes & Noble chief executive quits

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