Pearson buys a small stake in Nook Media, wants a fast track for digital education

Publishers often want to work closely with ebook outlets -- possibly a little too closely -- but it's rare that they involve themselves directly. Pearson is taking that uncommon step by making a 5 percent, $89.5 million investment in Nook Media, the joint venture between Barnes & Noble and Microsoft. Some of the reasoning won't be made public until Barnes & Noble provides holiday sales results on January 3rd, but Pearson is clear that it's furthering its online education plans: it wants Nook Media's distribution skills to make a "seamless and effective experience for students." Just when we'll see this harmony is still up in the air, though. Nook Media has yet to outline what Microsoft's partnership means for ebooks and e-readers, let alone how Pearson factors in. We're not expecting a sea change until companies start speaking up.Continue reading Pearson buys a small stake in Nook Media, wants a fast track for digital educationFiled under: MicrosoftCommentsSource: PaidContent Continue reading at 'Engadget'

[ Engadget | 2012-12-29 00:00:00 UTC ]
News tagged with: #joint venture #barnes noble #made public #sea change

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Investors buy stake in Business Insider for $25M

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[ Crains New York | 2015-01-29 00:00:00 UTC ]
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Complex Buys Fanboy Site Collider for Growing Media Network

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[ Advertising Age | 2015-01-23 00:00:00 UTC ]
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Pearson to spend £33m on education in emerging markets

Pearson plans to invest £33m in education initiatives in the world's emerging markets.  The education publisher has revealed it will invest £33m ($50m) in the Pearson Affordable Learning Fund to provide education to low-income learners around the world. Continue reading at The Bookseller

[ The Bookseller | 2015-01-21 00:00:00 UTC ]
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Macmillan Science and Education to merge with Springer Science+Business Media

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[ The Bookseller | 2015-01-16 00:00:00 UTC ]
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Quartz's Digital Media Strategy Begins to Crystallize

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Coming in 2015: reality check for VC-engorged digital media

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[ Digiday | 2015-01-06 00:00:00 UTC ]
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Recorded Books Buys Tantor Media

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Cheil Buying Stake in U.K.'s Iris Worldwide in Bid to Challenge Big Networks

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[ Advertising Age | 2014-11-25 00:00:00 UTC ]
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[ Folio Magazine | 2014-11-07 00:00:00 UTC ]
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New York Magazine digs into Hawaii media owner Pierre Omidyar, Civil Beat digs on buying nice things

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[ Silicon Valley Business Journal | 2014-11-07 00:00:00 UTC ]
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[ Publishing Perspectives | 2014-10-28 00:00:00 UTC ]
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Inside Bloomberg Media’s digital video business

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[ Digiday | 2014-10-22 00:00:00 UTC ]
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Millennial Media Buys Nexage for $107 Million

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