U.K. Investment Group Acquires Barnes & Noble for $683 Million

It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018. The brands will operate independently, but Waterstones CEO James Daunt... Continue reading at 'AdWeek'

[ AdWeek | 2019-06-07 20:03:20 UTC ]
News tagged with: #$683 million #bookseller waterstones #operate independently

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Barnes & Noble kills off Nook app and video store as part of digital retreat

Barnes & Noble ceded another battle in the ongoing war with Amazon over digital hearts and minds.The company will end the dedicated Nook app and video store on March 15, which was where you could purchase content for Nook-branded hardware, according to a report in diginomica.Nook digital... Continue reading at PC World

[ PC World | 2016-03-14 00:00:00 UTC ]
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Barnes and Noble to close its Nook ebook store in the UK

Barnes and Noble has decided to lay down its arms and stop competing with Amazon for ebook and e-reader sales in the UK. The bookstore operator has announced it will stop selling digital content, including fiction and non-fiction, magazines and video... Continue reading at Engadget

[ Engadget | 2016-03-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-reader sales #including fiction


Barnes & Noble Stock Gains in February; Amazon Drops

The Publishers Weekly Stock Index fell 3.6% overall, with declining share prices for Amazon and News Corp. offsetting gains elsewhere. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-04 00:00:00 UTC ]
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Barnes & Noble to launch 'digital-physical' store

Barnes and Noble has revealed plans to launch a new "prototype" store later this year, a US conference has heard. Continue reading at The Bookseller

[ The Bookseller | 2016-02-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #revealed plans


Redwood Media Group Acquires Two Art Shows

Publisher of Decor and Art Business News adds Red Dot Art Fair and Art Santa Fe to growing exhibitions division. The post Redwood Media Group Acquires Two Art Shows appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-01-14 00:00:00 UTC ]
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Is Barnes & Noble adding booze to books?

For literary lovers, there's not much more exciting than browsing a well-stocked bookstore. But one Barnes & Noble location might be trying to make book shopping even more fun by adding alcohol to the equation. A Barnes & Noble store in New Hartford, N.Y., has applied for a beer and wine... Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-12-28 00:00:00 UTC ]
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Barnes and Noble releases waterproof NOOK GlowLight Plus

Reading a book on a traditional tablet, such as the iPad, is a passable experience. However, a dedicated reader with an e-ink display is much superior for reading. Not only is it more comfortable for your eyes, but it works better in the sun too. Not to mention the super-long battery life. While... Continue reading at Betanews

[ Betanews | 2015-10-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kindle e-readers


Hearst Invests $21 Million in Pop-Culture Network Complex Media

Hearst has made another bet on an emerging pop-culture brand, investing $21 million in Complex Media, a digital-media company that operates websites devoted to music, fashion, food and movies.Hearst, the publisher of Cosmopolitan and Esquire magazines, last year acquired a 25% stake in... Continue reading at Advertising Age

[ Advertising Age | 2015-09-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #statement tuesday #media companies #strong brands #cable networks


L.A. arts groups get $4.5 million from Michael Bloomberg's foundation

Michael Bloomberg, the publishing mogul and former New York City mayor, will pump $4.5 million into L.A.'s nonprofit arts scene over the coming two years, as part of a national initiative by his Bloomberg Philanthropies to help small and mid-size arts organizations. Continue reading at Los Angeles Times

[ Los Angeles Times | 2015-09-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #michael bloomberg #bloomberg philanthropies


Sales Down, Losses Up at Barnes & Noble

Total revenue at Barnes & Noble fell 1.5% in the first quarter ended August 1, 2015, to $1.2 billion, compared to last year’s first period and the net loss increased to $34.9 million from $28.4 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #total revenue


Barnes and Noble announces Samsung Galaxy Tab S2 NOOK

Paper books are archaic -- e-readers and tablets are the proper way to read nowadays. They are more convenient for traveling, helpful for nighttime reading, and most importantly, don't take up room. Both public and in-home libraries are a waste of space. Today, Barnes and Noble announces its... Continue reading at Betanews

[ Betanews | 2015-09-03 00:00:00 UTC ]
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Why NBCU Invested $200 Million in Vox

By taking a stake in Vox Media, NBCUniversal is finally getting a foothold in native digital publishing. The $200 million equity investment will see the two collaborate on digital and video advertising and video programming. The deal, announced Wednesday, will include Vox Media editors and... Continue reading at AdWeek

[ AdWeek | 2015-08-13 00:00:00 UTC ]
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Barnes & Noble Looks to New Leader to Save NOOK

Ronald Boire, a man with plenty of electronics experience, is taking over as CEO of Barnes & Noble, as the bookseller spins off its education division. The post Barnes & Noble Looks to New Leader to Save NOOK appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #ronald boire #education division


Sears Canada Head to Run Barnes & Noble

Ron Boire has been named the next CEO of Barnes & Noble, Inc., beginning September 8. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-02 00:00:00 UTC ]
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Daily Mail Invests $3 Million in Native Partner Taboola

The Daily Mail is announcing today that it has invested $3 million in publishing-tech company Taboola, and there are two big reasons why—native ad dollars and speed. "At the end of the day, we have to move so quickly," said Jon Steinberg, CEO of Daily Mail North America. "We're all competing... Continue reading at AdWeek

[ AdWeek | 2015-06-04 00:00:00 UTC ]
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Meet Barnes & Noble Education

Barnes & Noble Education is counting on growth in a number of digital initiatives, as well as taking over the operation of more college stores, to improve operating results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital initiatives #college stores


Livingly Media Sells to European Publishing Group for $25 Million

Price could escalate to $50 million over the next four years. The post Livingly Media Sells to European Publishing Group for $25 Million appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-02-19 00:00:00 UTC ]
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Barnes & Noble holiday sales edge up

Barnes & Noble Inc. said Thursday that a key sales measure rose 1.7% during the holiday season as sales of physical books continued to stabilize. The news sent shares rising 4.6% in premarket... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2015-01-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #holiday season


Barnes & Noble Heads Back to the Future

Last week Barnes & Noble severed its ties with Microsoft, taking another step toward becoming, in the words of CEO Mike Huseby, a “client- and content-focused” company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-12-05 00:00:00 UTC ]
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Can Barnes & Noble's Black Friday 'secret weapon' reverse the chain's slumping sales?

Barnes & Noble will be offering 500,000 copies of signed works by major authors to kick off the holiday shopping season. But will it be enough? Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-11-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barnes noble #black friday #secret weapon