Microsoft's $300M Barnes and Noble investment promises new Windows 8 Nook app

Book retailer Barnes and Noble announced on Thursday that its partnership with Microsoft in a new limited liability company called Nook Media LLC is complete and ready to go ahead of Windows 8's launch. Barnes and Noble first announced it was considering a spin-off of its digital content business in January 2012. Three months later, the partnership with Microsoft was announced, and the software giant pledged $300 million to the venture, which would encompass Barnes and Noble's digital content business: ebooks, e-textbooks, and e-periodicals. In Barnes and Noble's announcement on Thursday, the company specified that there "can be no assurance… [Continue Reading] Continue reading at 'Betanews'

[ Betanews | 2012-10-04 00:00:00 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 ]
More news stories like this | News stories tagged with: #barnes noble #book retailer


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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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 ]
More news stories like this | News stories tagged with: #retail chains #$476 million #$683 million #bloomberg intelligence #—bloomberg news


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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Waterstones owner buys US chain Barnes & Noble

James Daunt will be chief of both chains after deal hailed as boost for real-world bookshopsThe hedge fund owner of the UK’s largest book chain, Waterstones, has bought Barnes & Noble, the biggest chain in the US, in a $683m (£537m) deal heralded as a boost in their battle to preserve... Continue reading at The Guardian

[ The Guardian | 2019-06-07 14:11:50 UTC ]
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Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and Waterstones

Elliott will pay some US$476 million for Barnes & Noble, having last year bought the UK's main chain Waterstones. James Daunt is to run both companies. The post Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and Waterstones appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-06-07 12:22:03 UTC ]
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'Files' for Microsoft's Windows Lite OS looks amazing running on a foldable Surface

Back in 2015, Microsoft said that Windows 10 would be the last version of Windows. The software giant views its newest operating system as a service that’s continually updated. Although problems with both the October 2018 Update and May 2019 Update mean that’s not really true at the moment. Most... Continue reading at Betanews

[ Betanews | 2019-05-30 09:08:54 UTC ]
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Microsoft drops some very big hints about its modern 'Windows Lite' OS

It’s been hinted for a while that Microsoft is working on a new operating system for dual-screen and Chromebook-like PCs, and while the software giant has yet to confirm the existence of the rumored "Windows Lite" OS, Nick Parker, Corporate Vice President, Consumer and Device Sales, did drop... Continue reading at Betanews

[ Betanews | 2019-05-29 15:40:30 UTC ]
More news stories like this | News stories tagged with: #big hints #windows lite #operating system #software giant #device sales