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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PRH Employees Take Buy-out Offer; Dohle Joins More Boards

Nearly half of eligible employees have accepted a voluntary separation offer made by the company; to qualify, employees must be at least 60 years old and have been at the company for at least 15 years. Meanwhile, former CEO Markus Dohle has joined the board of Indigo Books & Music though he... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-29 04:00:00 UTC ]
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Indigo Had C$49 Million Loss in Fiscal 2023 on Small Sales Decline

Indigo Books & Music, Canada's leading book retailer, reported that retail sales improved, as the company recovered from pandemic-era lockdowns, but online sales suffered, due in part to a cyberattack earlier this year. Markus Dohle has also joined the company board. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-27 04:00:00 UTC ]
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Black creators drive higher media value for marketers, study finds

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Turning Small Rebellions Into a Large Literary Revolution

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APA Report: US Sees Double-Digit Audiobook Sales Growth for 11th Year

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[ Publishing Perspectives | 2023-06-01 15:27:14 UTC ]
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Bloomsbury reports sales surge as people buy books as ‘affordable diversion’

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New Leaf Literary & Media Faces Backlash After Dropping Authors

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'New York Times' reports slower digital subscription growth and weakening ad revenue

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Penguin Random House, Sourcebooks Buy Callisto Assets

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Prince Harry’s ghostwriter, JR Moehringer, says pair bonded over media intrusion

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Vice Media close to deal for sale out of bankruptcy

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Condé Nast Unveils Expanded Digital Video Slate During NewFronts

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New Leaf Literary & Media Evolves Team to Meet Changing Industry Demands

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Digital content platforms and streamers pitch new ad formats in short and long-form video on NewFronts day two

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Vice Media reportedly headed for bankruptcy

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The National Enquirer Unveils Its First-Ever Digital Advertising Strategy

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Fighting Educational Injustice: Close-Up on Bettina L. Love’s 'Punished for Dreaming'

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Pearson Named A Benetech Global Certified Accessible Publisher

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Betr ‘crossed the line’ with illegal ads in News Corp media encouraging gambling, regulator says

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