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 #website techcrunch #digital assets #nook media #barnes noble #nook e-readers #third-party devices

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A Season of Decision For Barnes & Noble

Even when Barnes & Noble entered the reading device market with the launch of the Nook back in the fall of 2009, executives said the company’s long-term future continued to rest in selling content in both print and digital formats. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-11-30 00:00:00 UTC ]
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Sales Erode at Barnes & Noble

Barnes & Noble Inc.'s latest quarterly earnings show an erosion in sales for both print books and ebooks, casting a cloud over its long-term prospects. Continue reading at AllThingsD

[ AllThingsD | 2013-11-27 00:00:00 UTC ]
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Barnes & Noble swings to profit

Barnes & Noble returned to a profit in the fiscal second quarter as it invested less in its Nook ebook reader and cost cuts offset lower sales.Its sales missed expectations, however, and its shares dropped more than 3% in premarket trading. The report comes as the crucial holiday season... Continue reading at Crains New York

[ Crains New York | 2013-11-26 00:00:00 UTC ]
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Scribd CEO Aims for $1 Billion in Revenue from Ebook Subscriptions

Scribd formally launched ebook subscriptions today and the company CEO said he believes the service could eventually produce $1 billion in annual revenue. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-10-02 00:00:00 UTC ]
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Barnes & Noble retail group CEO sells shares

Mitchell Klipper, CEO of Barnes & Noble Inc.'s retail group, which includes its bookstores but not its Nook unit, sold about 67% of his shares of the company, according to an SEC filing late Monday.Mr. Klipper sold a total of about 400,996 shares for between $13.99 and $14.53 per share.He... Continue reading at Crains New York

[ Crains New York | 2013-08-27 00:00:00 UTC ]
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Investors flee as bid for Barnes & Noble's stores ends

Barnes & Noble says it plans to keep making its Nook electronic readers and will focus on offering content to its customers, even as its first-quarter net loss nearly doubled.The quarterly results came as the struggling bookseller's chairman said he is abandoning his bid for the company's... Continue reading at Crains New York

[ Crains New York | 2013-08-20 00:00:00 UTC ]
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Reports of Barnes & Noble’s Death Are Greatly Exaggerated

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[ Publishing Perspectives | 2013-08-19 00:00:00 UTC ]
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Barnes & Noble reports it overstated losses in past years

Barnes & Noble says it lost less money than it previously reported during the past two years. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-31 00:00:00 UTC ]
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Sloppy books at Barnes & Noble?

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[ Crains New York | 2013-07-30 00:00:00 UTC ]
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Xbox One retail consoles double as debug units, Microsoft to allow indie self-publishing (update)

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[ Engadget | 2013-07-25 00:00:00 UTC ]
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Could the Smell of Chocolate Save Barnes & Noble?

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[ Publishing Perspectives | 2013-07-24 00:00:00 UTC ]
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Decision Time for Barnes & Noble

Uncertainty has been hovering over Barnes & Noble ever since the retailer first reported that 2012 holiday sales— especially those of its Nook reading devices—were well below expectations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-07-12 00:00:00 UTC ]
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Barnes & Noble CEO steps down following dismal financial reports

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[ The Christian Science Monitor | 2013-07-10 00:00:00 UTC ]
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Barnes & Noble chief executive quits

The chief executive of US bookstore chain Barnes & Noble, William Lynch, resigns as sales of its Nook ebooks and devices continue to fall. Continue reading at BBC News

[ BBC News | 2013-07-09 00:00:00 UTC ]
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Gannett Buying Belo in $2.2 Billion Deal

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[ AllThingsD | 2013-06-13 00:00:00 UTC ]
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If Microsoft Takes Over Nook, What Next?

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[ Publishing Perspectives | 2013-05-12 00:00:00 UTC ]
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Barnes & Noble creates a new self-publishing service

Nook Press gives authors up to 65 percent of their revenue and allows them to sell their titles anywhere. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-04-10 00:00:00 UTC ]
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Looking for a Simon & Schuster title? Barnes & Noble might not be your best bet

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[ The Christian Science Monitor | 2013-03-26 00:00:00 UTC ]
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Barnes & Noble at The Crossroads

Barnes & Noble is facing its most tumultuous period since Len Riggio began building the retailer some 40 years ago. Continue reading at Publishers Weekly

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Should we be crying for Barnes & Noble?

Barnes & Noble isn¿t near dead, but a lot of writers are lining up to lament its passing. Barnes & Noble isn’t near dead, but a lot of writers are lining up to lament its passing. They say the chain’s demise would be a blow to books, especially in suburban America. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-02-06 00:00:00 UTC ]
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