Microsoft may buy Barnes & Noble's Nook unit for $1 billion

According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture.According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. The deal would give Microsoft Barnes & Noble's ebooks, homegrown games and of course its Nook e-readers and tablets. But perhaps not for long: Nook plans to discontinue its Android-based tablet business by the end of 2014, according to the documents. Instead, the company will transition to having Nook content available solely on third-party devices, perhaps ones made by Microsoft, if the purchase goes through. Continue reading at 'Los Angeles Times'

[ Los Angeles Times | 2013-05-09 00:00:00 UTC ]
News tagged with: #$1 billion #digital assets #nook media #barnes noble #nook e-readers

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[ The Bookseller | 2013-03-15 00:00:00 UTC ]
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HC buys Robert Plant biography

HarperCollins has signed world rights for a major new biography of rock star Robert Plant.... Continue reading at The Bookseller

[ The Bookseller | 2013-03-13 00:00:00 UTC ]
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News Corp. publishing firm to start with $2.6 billion in cash

News Corp.'s soon-to-be publishing company will begin life with no debt and about $2.6 billion in cash -- illustrating the parent company's attempt to provide the new entity with solid financials and money for acquisitions. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-03-09 00:00:00 UTC ]
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In Filing, News Corp. Says It Will Provide $2.6 Billion to Its New Publishing Company

News Corporation’s new publishing company will get an infusion of $2.6 billion in cash and will have no debt when it separates from the company’s higher-growth cable channels and Hollywood studio this summer. In a filing with the ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-03-08 00:00:00 UTC ]
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UIT Cambridge buys Devon's Green Books

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Hearst hires Microsoft's Stephen Edwards for digital role

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[ Media Week | 2013-03-05 00:00:00 UTC ]
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How to buy your way onto the bestseller list

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[ The Christian Science Monitor | 2013-02-28 00:00:00 UTC ]
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Tribune Co. hires investment bankers to explore sale of newspaper unit

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[ Los Angeles Times | 2013-02-27 00:00:00 UTC ]
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Nook's future uncertain as Riggio bids for B&N

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Hearst president David Carey: Apple taught people 'how to buy digital content'

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[ Engadget | 2013-02-12 00:00:00 UTC ]
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Baker & Taylor appoints Walden as buying director

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[ The Bookseller | 2013-02-05 00:00:00 UTC ]
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j2’s Ziff Davis Buys News Corp’s IGN

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Templar buys Piccadilly Press

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W&N buys new Walter Mosley novel

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