Barnes and Noble posts $119 million loss in Q4 2013, will partner with third party on future Nook tablets

Barnes and Noble has not had an easy go of it. The brick-and-mortar stalwart has seen its revenues and profits steeply decline as we've entered the age of the ebook. In fact, profits haven't just shrunk; they've disappeared. During the fourth quarter of fiscal year 2013, the company suffered a net loss of $118.6 million, down significantly from the already poor showing it posted in 2012 when it lost $56.9 million in Q4. For the year, that put Barnes and Noble's losses at $154.8 million -- more than double what it lost in 2012. Revenues have dropped both at retail outlets and its Nook digital business by $105 million and $56 million, respectively year-over-year. For its e-reader and ebook arm, that represents a 34 percent drop from Q4 2012. The bad news there is that device sales have declined dramatically and, while content sales were up for the year, in the fourth quarter they fell by 8.9 percent. Barnes and Noble attributes the year-over-year fall in sales to be attributed to the lack of blockbuster titles. In Q4 2012 revenues were boosted by juggernauts like Fifty Shades of Grey and The Hunger Games. Going forward Barnes and Noble wants to significantly cut its losses on the struggling Nook business. To do that the company will be partnering with an as yet unnamed third party to manufacture and co-brand its tablet line. The Nook line of e-readers will continue to be designed and built in-house, but the retailer will be looking beyond its Manhattan office walls for... Continue reading at 'Engadget'

[ Engadget | 2013-06-25 00:00:00 UTC ]

Other news stories related to: "Barnes and Noble posts $119 million loss in Q4 2013, will partner with third party on future Nook tablets"


iBooks Bestsellers: ‘Grey’ Stays Put at #1

For the second week in a row, E.L. James’s 'Grey,' the next installment in the Fifty Shades of Grey series, topped Apple’s iBooks bestseller list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-24 00:00:00 UTC ]
More news stories like this


US 'Grey' sells 1.1m in four days

The latest instalment of Fifty Shades of Grey has sold 1.1m copies in the US in all formats, Penguin Random House has revealed. Anne Messitte, publisher of Vintage Anchor in the US, said Grey: Fifty Shades of Grey as Told by Christian sold 1.1m copies in trade paperback, ebook and audio in the... Continue reading at The Bookseller

[ The Bookseller | 2015-06-24 00:00:00 UTC ]
More news stories like this


An Erotic Evolution: How the Fifty Shades Boom Has Travelled

With the huge launch last week of E.L. James's new novel, 'Grey: Fifty Shades of Grey As Told By Christian,' the erotica category shows no signs of slowing down. Here's how publishers from India to Italy are making the most of the lucrative category. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-22 00:00:00 UTC ]
More news stories like this


"Record breaking" sales for Grey on first day

Cornerstone has claimed that the first day sales of ‘Grey’ have been “record-breaking” for an adult paperback in the industry. The latest edition of E L James’ bestselling series – Grey: Fifty Shades of Grey as Told by Christian went on sale around the world yesterday, just 18 days after the... Continue reading at The Bookseller

[ The Bookseller | 2015-06-20 00:00:00 UTC ]
More news stories like this


'Busy day' for shops as Christian Grey arrives

Waterstones is expecting a "busy day" marking the release of the latest edition of E L James' blockbuster hit series Grey: Fifty Shades of Grey as Told By Christian (Arrow). The chain's flagship Piccadilly store in London has a front of store window display dedicated to the release (pictured),... Continue reading at The Bookseller

[ The Bookseller | 2015-06-19 00:00:00 UTC ]
More news stories like this


New Fifty Shades of Grey novel puts Christian Grey centre stage

Grey, the fourth book in EL James’s erotic series, is released on the birthday of her fictional male anti-heroFifty Shades of Grey author EL James is ringing in the birthday of her fictional anti-hero, Christian Grey, by releasing the fourth book in her series of erotic novels in the dark hours... Continue reading at The Guardian

[ The Guardian | 2015-06-18 00:00:00 UTC ]
More news stories like this


EL James heads to Texas for rare signing event as fourth novel, Grey, is released

Sequel to Fifty Shades of Grey, told from Christian’s perspective, is Amazon.co.uk’s most pre-ordered book of the year Related: EL James to publish Fifty Shades sequel telling story from hero's point of view An independent bookshop in Texas that opened its doors for the first time earlier this... Continue reading at The Guardian

[ The Guardian | 2015-06-18 00:00:00 UTC ]
More news stories like this


Cornerstone plans Thursday 'stunt' for 'Grey'

Cornerstone will put on a launch day “stunt” to mark the release of E L James’ Grey (Arrow) this week. Grey: Fifty Shades of Grey as told by Christian will be published this Thursday 18th June– the same day as the fictional Christian Grey’s birthday. Continue reading at The Bookseller

[ The Bookseller | 2015-06-17 00:00:00 UTC ]
More news stories like this


iBooks Bestsellers: ‘Grey’ Stays on Top

Though not yet on sale, 'Grey,' the next installment in E.L. James’s Fifty Shades of Grey series, took the #1 spot on Apple’s iBooks bestseller list for the second week in a row. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-17 00:00:00 UTC ]
More news stories like this


EL James in New York exclusive Grey signing

Fifty Shades of Grey author E L James will sign copies of the new book in the series, Grey (Arrow), at Barnes & Noble in New York City on the book's release date next Thursday (18th June).  It will be the author’s only New York City book signing appearance for the novel, which will be... Continue reading at The Bookseller

[ The Bookseller | 2015-06-12 00:00:00 UTC ]
More news stories like this


Fourth Fifty Shades book whips up unprecedented pre-ordering frenzy

The new instalment – this time written from Christian Grey’s perspective and published on 18 June – is set to dominate the publishing world once againIn July 2012, as the irresistible cultural tidal wave that was the Fifty Shades of Grey trilogy was still swelling to its extraordinary peak, the... Continue reading at The Guardian

[ The Guardian | 2015-06-12 00:00:00 UTC ]
More news stories like this


Police investigate Fifty Shades 'theft'

Police are investigating the alleged theft of a copy of Grey (Arrow), the new novel in the Fifty Shades of Grey series by EL James. The copy of the novel, due to be released next week, was reportedly discovered to be missing yesterday (2nd June).  Penguin Random House said it could not comment... Continue reading at The Bookseller

[ The Bookseller | 2015-06-11 00:00:00 UTC ]
More news stories like this


iBooks Bestsellers: ‘Grey’ Ousts 'Girl on the Train'

A week ahead of its June 18 publication date, 'Grey,' E.L. James’s next installment in her Fifty Shades of Grey series, took the #1 spot on Apple’s bestseller list. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-10 00:00:00 UTC ]
More news stories like this


Grey pre-orders top bestseller lists

Pre-orders of E L James’ new Fifty Shades of Grey novel, Grey (Arrow), have leapt to the top of retailers' bestseller charts in both physical and digital formats. The novel, which will be released on 18th June, will tell the story of Fifty Shades of Grey from the point of view of Christian... Continue reading at The Bookseller

[ The Bookseller | 2015-06-04 00:00:00 UTC ]
More news stories like this


#FiftyShades: E.L. James' latest book: How authors keep their franchises fresh (+video)

#FiftyShades: 'Fifty Shades of Grey' writer E.L. James recently announced she's releasing a new version of 'Fifty Shades of Grey' that will be told from character Christian's point of view. Some authors choose to focus on different characters for new books, while others opt for all-new... Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2015-06-03 00:00:00 UTC ]
More news stories like this


Trade welcomes E L James surprise

Booksellers have welcomed a new title in the Fifty Shades of Grey series but have mixed opinions on how well a fourth book will sell.  News there would be a new title in the series told from Christian Grey's perspective and entitled Grey: Fifty Shades of Grey as told by Christian broke... Continue reading at The Bookseller

[ The Bookseller | 2015-06-02 00:00:00 UTC ]
More news stories like this


New Fifty Shades book due this month

E L James is to release a new version of Fifty Shades of Grey – told from the point of view of Christian Grey. Titled Grey: Fifty Shades of Grey as told by Christian, the book will be published on June 18th – the same day as the fictional character’s birthday. The author announced the news to... Continue reading at The Bookseller

[ The Bookseller | 2015-06-02 00:00:00 UTC ]
More news stories like this


New Fifty Shades Hits #1, as Vintage Heads to Press for 1.25 Million Copies

In a matter of hours, pre-orders pushed 'Grey: Fifty Shades of Grey as Told by Christian,' to the top of the Barnes & Noble and Amazon bestseller lists. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-02 00:00:00 UTC ]
More news stories like this


New Fifty Shades of Grey Book Coming

E.L. James announced that she will release a new version of 'Fifty Shades of Grey,' but this time written from the perspective of Christian Grey. 'Grey: Fifty Shades of Grey as Told by Christian' will be released by Vintage on June 18 (the character’s birthday). Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-01 00:00:00 UTC ]
More news stories like this