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 ]
News tagged with: #nook business #business units #ve built #william lynch

Other news stories related to: "Barnes and Noble: Nook is doing so well that it can be spun off"


Enter to Win a $50 Gift Card to Barnes and Noble!

To win a $50 gift card to Barnes and Noble, just sign up for Daily Deals, our newsletter that rounds-up the ... Continue reading at Book Riot

[ Book Riot | 2020-01-02 11:31:55 UTC ]
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James Daunt at FutureBook Live: Barnes & Noble’s ‘Crucifyingly Boring’ Stores

Seeing Barnes & Noble stores' character 'crushed' by the corporate 'opulence' of American business, James Daunt says the chain must 'rip out the boring.' The post James Daunt at FutureBook Live: Barnes & Noble’s ‘Crucifyingly Boring’ Stores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-11-25 05:05:12 UTC ]
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US trade urges Daunt to be independent in spirit to revive ailing Barnes & Noble

After Elliott Advisors’ takeover of Barnes & Noble in August, the firm sought the man who turned Waterstones around to right its US acquisition. But what exactly is in James Daunt’s in-tray in New York? Continue reading at The Bookseller

[ The Bookseller | 2019-11-08 05:47:49 UTC ]
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Barnes & Noble Will Seek to Dismiss Ex-CEO’s Defamation Claim

If successful, the move for summary judgment would narrow the scope of any future trial, B&N attorneys say, and more importantly knock out a claim for which former CEO Demos Parneros is said to be seeking roughly $70 million in damages. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-22 04:00:00 UTC ]
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What Happened to Barnes and Noble and What’s in Store for the Chain

A quick update on the tumultuous recent history of Barnes and Noble, and where the bookstore chain might be headed under new ownership. Continue reading at Book Riot

[ Book Riot | 2019-08-27 10:33:29 UTC ]
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US press assesses 'literary tastemaker' Daunt's arrival at Barnes & Noble

The US press has been assessing the likely impact of James Daunt as the Waterstones boss prepares to take over Barnes & Noble. Continue reading at The Bookseller

[ The Bookseller | 2019-08-08 12:59:50 UTC ]
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Can Britain’s Top Bookseller Save Barnes & Noble?

James Daunt fought Amazon and rescued the country’s biggest bookstore chain. Now comes Chapter 2. Continue reading at The New York Times

[ The New York Times | 2019-08-08 10:00:05 UTC ]
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Elliott deal for Barnes & Noble goes through, Daunt heads to New York

Waterstones owner Elliott Advisors has completed its $683m (£537m) acquisition of US book giant Barnes & Noble following approval by the majority of shareholders. Continue reading at The Bookseller

[ The Bookseller | 2019-08-06 20:14:18 UTC ]
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A British Indie Bookstore Owner Holds Barnes & Nobles’ Fate In His Hands: Critical Linking, July 25th, 2019

Critical Linking, a daily roundup of the most interesting bookish links from around the web is sponsored by Libro.FM. “Despite ... Continue reading at Book Riot

[ Book Riot | 2019-07-25 10:30:48 UTC ]
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Barnes & Noble says lawsuits 'lack merit' as shareholders file against sale

Shareholders have filed two lawsuits against Barnes & Noble in a legal row over the sale as the book retailer insists the complaints "lack merit".  Continue reading at The Bookseller

[ The Bookseller | 2019-07-23 16:58:40 UTC ]
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Barnes & Noble shareholders to consider Elliott offer as details of bid revealed

Barnes & Noble has issued shareholders with a formal tender offer after rebuffing a further bid from US book distributor Readerlink, made after an initial deadline following the agreement with Ellliott Advisors had passed. Continue reading at The Bookseller

[ The Bookseller | 2019-07-09 12:42:15 UTC ]
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Win A $250 Barnes & Noble Gift Card!

We’ve got a $250 gift card for Barnes & Noble up for grabs, courtesy of Macmillan’s eDeals Newsletter! The Macmillan ... Continue reading at Book Riot

[ Book Riot | 2019-07-02 20:30:47 UTC ]
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What’s the Next Chapter for Barnes & Noble?

A hedge fund wants to buy the bookstore chain for $683 million, including debt. Will the deal work? Experts from Wharton and elsewhere share their insights. Continue reading at Knowledge@Wharton

[ Knowledge@Wharton | 2019-06-18 18:09:27 UTC ]
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Readerlink misses midnight deadline for rival Barnes & Noble bid; Elliott offer stands

US distribution giant Readerlink LLC has missed the midnight deadline for a rival bid to Waterstones owner Elliott Advisors Ltd for Barnes & Noble, but could still propose a counter-offer.  Continue reading at The Bookseller

[ The Bookseller | 2019-06-14 19:27:47 UTC ]
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Trade figures welcome Barnes & Noble deal

Trade figures have largely welcomed the news that Waterstones boss James Daunt will become c.e.o. of both Waterstones and Barnes & Noble, after Elliott Advisors (UK) Limited bought the US chain in a $683m deal. But a warning has been sounded that some consequences of the deal - which marks... Continue reading at The Bookseller

[ The Bookseller | 2019-06-09 07:57:43 UTC ]
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Elliott to buy Barnes & Noble; Daunt will run both chains

In a seismic shift for the book trade, Elliott Advisors (UK) Limited have entered into a definitive agreement to acquire Barnes & Noble in an all-cash transaction valued at approximately $683m (£537m), including the assumption of debt. Continue reading at The Bookseller

[ The Bookseller | 2019-06-09 06:45:26 UTC ]
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Daunt to split time between London and New York in Barnes & Noble deal

James Daunt will split his time between London and New York after Waterstones' parent Elliott Advisors (UK) announced that it had agreed to acquire the giant US bookseller Barnes & Noble for $683m. Continue reading at The Bookseller

[ The Bookseller | 2019-06-08 16:19:54 UTC ]
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U.K. Investment Group Acquires Barnes & Noble for $683 Million

It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018.... Continue reading at AdWeek

[ AdWeek | 2019-06-07 20:03:20 UTC ]
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Barnes & Noble has a buyer—who agreed to pay the $476 million price tag

Beleaguered bookseller Barnes & Noble Inc. has a buyer. Elliott Management Corp. agreed to purchase the chain for $6.50 per share in an all-cash transaction valued about $476 million, plus the assumption of debt, the company said in a statement Friday. Barnes & Noble shares rose as... Continue reading at Advertising Age

[ Advertising Age | 2019-06-07 16:16:58 UTC ]
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Once a book selling giant, Barnes & Noble sold to hedge fund

The one-time bookselling giant is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Am…; and other... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-06-07 15:58:20 UTC ]
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