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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Digital Media Companies are Likely to Wait Even Longer for Payments

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[ Editor & Publisher | 2020-06-18 16:48:48 UTC ]
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This new nonprofit trains people for digital media jobs after leaving prison

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[ Fast Company | 2020-06-18 06:00:14 UTC ]
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‘The money is just not showing up’: Digital media companies are likely to wait even longer for payments

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[ Digiday | 2020-06-18 04:01:34 UTC ]
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Opinion: How digital media can get serious about building transparency, privacy and neutrality in a post-cookie world

Google’s sunsetting of third-party cookies gives us an opportunity to shape our long-term future. Continue reading at Advertising Age

[ Advertising Age | 2020-06-03 10:30:00 UTC ]
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Most Australian News Corp small papers to go digital-only

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How 6AM City Is Rethinking Digital Media at a Local Level

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[ Publishing Executive | 2020-05-18 12:31:36 UTC ]
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Penske Media Names Its First Chief Digital Officer | People on the Move

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[ Folio Magazine | 2020-05-07 15:03:14 UTC ]
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Kate Mortenson launching national digital media company, raising $10M

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[ Silicon Valley Business Journal | 2020-04-30 09:00:00 UTC ]
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BNP Media to Take Most of Its Magazines Digital-Only By August

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[ Folio Magazine | 2020-04-28 15:18:48 UTC ]
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Independent and Profitable, Digital Trends Aims to Redefine Tech Media

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Digital Media India: Google Highlights Data, Subscription Products for Publishers

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[ Editor & Publisher | 2020-03-17 17:30:42 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

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[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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The 2019 Publishing Hot List: The Print and Digital Media Brands Paving a Way to Profitability

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