Microsoft Invests $300 Million in Upcoming Barnes & Noble Subsidiary

After announcing plans to possibly spin off its NOOK business in January, Barnes & Noble enters into a partnership with Microsoft. The tech company invested $300 million in the new subsidiary (currently under the working title NewCo), a post-money valuation of $1.7 billion, equating to a 17.6 percent equity stake. Barnes & Noble retains an 82.4 percent ownership of the new subsidiary. Continue reading at 'Folio Magazine'

[ Folio Magazine | 2012-05-01 00:00:00 UTC ]
News tagged with: #announcing plans #nook business

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'Bleak' 2013 predicted as 300 libraries could be lost

  Library campaigners are forecasting a grim 2013, predicting that 300 libraries could... Continue reading at The Bookseller

[ The Bookseller | 2013-01-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #library campaigners


Happy holidays for indie bookstores – but not for Barnes

Barnes & Noble reported disappointing holiday sales numbers while, in contrast, some independent bookstores said they had their best month ever. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-01-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #happy holidays #indie bookstores #independent bookstores


Pearson invests in Nook tablets

UK publisher Pearson says it will invest in the Nook series of e-readers and tablets, buying a 5% stake in the business for $89.5m (£55.5m). Continue reading at BBC News

[ BBC News | 2012-12-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nook tablets #pearson invests #5% stake


Amazon’s Plan: “Sell Millions of Kindles in Brazil,” says Naggar

Through exclusive interviews with Amazon's David Naggar, author Paolo Coelho, and others, we get behind the scenes of Amazon's Kindle Store launch in Brazil this week. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-12-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #david naggar #sell millions #exclusive interviews


S&S invests in "new adult" titles

Simon and Schuster UK is to launch a programme of titles in the 'new adult' genre... Continue reading at The Bookseller

[ The Bookseller | 2012-12-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #schuster uk


Glass sales hit one million

Writer Cathy Glass has reached one million in physical sales in the UK since her debut in 2007,... Continue reading at The Bookseller

[ The Bookseller | 2012-11-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #physical sales


In China, 25 Million People Use Only Their Cell Phones to Read Books

Mobile reading may revive entire genres of literature, such as mid-length novels and poems, which have fallen out of favor. Continue reading at The Atlantic

[ The Atlantic | 2012-11-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cell phones #read books #mobile reading


Behold, the Biblio-Mat: Collect All 112 Million Titles!

Canadian bookshop The Monkey's Paw has unveiled the Biblio-Mat, a random book dispenser built by Craig Small as an artful alternative to sidewalk discount bins. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-20 00:00:00 UTC ]
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Scholastic To Donate One Million Books for Superstorm Recovery

Scholastic is donating a million books and offering free online resources to those children and teachers affected by Superstorm Sandy. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #million books


Barnes, Miller, Obreht on IMPAC longlist

Andrew Miller's Costa Prize-winning novel Pure and Julian Barnes' Man Booker-winner The... Continue reading at The Bookseller

[ The Bookseller | 2012-11-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #andrew miller #julian barnes #impac longlist #costa prize-winning #man booker-winner


Sales of three million for latest Apple devices

Apple has announced sales of three million units internationally for its latest tablet devices,... Continue reading at The Bookseller

[ The Bookseller | 2012-11-06 00:00:00 UTC ]
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Investing in Future Readers: German Children Get Their Own Newspaper

Since this spring, a German publisher has been tackling a monster of a new challenge. "He lives in newspapers in the printing plant," explains Eva Fauth, one of his creators. "He sleeps in newspapers, and he eats all the newspapers becaus ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #german children #german publisher


Sharethrough Grabs $5 Million in Funding for Native Ad Push

Sharethrough founder and CEO Dan Greenberg is one of the more vocal evangelists of the native advertising talk that has recently bubbled up. While native advertising isn’t an easy sell to media buyers who typically prefer traditional buying methods, the online video advertising startup has grown... Continue reading at AdWeek

[ AdWeek | 2012-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #$40 million #editorial content #usa today #york office


Diller Invests in E-book Venture to Challenge Amazon

IAC/InterActiveCorp Chairman Barry Diller, producer Scott Rudin and publishing executive Frances Coady are investing in a book venture that will attempt to challenge Amazon.com Inc.’s dominance in the industry. Continue reading at Los Angeles Times

[ Los Angeles Times | 2012-09-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #challenge amazon


E-book price-fixing: three publishers agree to pay $69 million to consumers

Hachette Book Group, HarperCollins, and Simon & Schuster say they will pay consumers to settle claims they conspired to fix ebook prices. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2012-08-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers agree #simon schuster #settle claims


E-book Publishers Reach $69 Million Settlement With States

Three book publishers will pay more than US$69 million to U.S. states to settle charges they collaborated to fix prices of ebooks. Continue reading at PC World

[ PC World | 2012-08-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book publishers #fix prices


States reach $69 million settlement with three publishers in ebook price fixing case

When the US Department of Justice sued Apple and five major book publishers over alleged ebook price rigging, it immediately became clear that a few of these companies would do just about anything to avoid trial. That same day, three of the publishers -- HarperCollins, Simon & Schuster and... Continue reading at Engadget

[ Engadget | 2012-08-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #bought ebooks #barnes noble #abc news #give customers


HoZ buys Kindle million-seller

Head of Zeus has acquired eight novels in the Donovan Creed series by Kindle millionaire John... Continue reading at The Bookseller

[ The Bookseller | 2012-08-10 00:00:00 UTC ]
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History Press French subsidiary enters reorganisation

The History Press' subsidiary in France, Editions Alan Sutton, is entering a process known as... Continue reading at The Bookseller

[ The Bookseller | 2012-07-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #history press


Making a Case for HTML5 Investment

HTML5 promises to get publishers closer to digital media’s Promised Land: create once, deliver everywhere. As deployments increase and the standard evolves, media companies are finding it easier to make a business case for HTML5 investment. .. Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-07-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #business case #publishers closer #promised land #media companies