Barnes & Noble

Microsoft Mulling Nook Media LLC Purchase For $1 Billion
May 8, 2013

Microsoft is offering to pay $1 billion to buy the digital assets of Nook Media LLC, the digital book and college book joint venture with Barnes & Noble and other investors, according to internal documents we've obtained. In this plan, Microsoft would redeem preferred units in Nook Media, which also includes a college book division, leaving it with the digital operation - e-books, as well as Nook e-readers and tablets.

The documents also reveal that Nook Media plans to discontinue its Android-based tablet business by the end of its 2014 fiscal year

Hong Kong Fair Touts Mobility
April 29, 2013

The 10th edition of the Hong Kong Electronics Fair attracted more than 3,200 exhibitors and 90,000 buyers from around the globe who were looking to looking to capitalize on the latest trends in consumer electronics.

As Tablets Boom, E-Readers Feel the Blast
February 28, 2013

One thing appeared certain when Barnes & Noble announced Thursday how much money its Nook e-readers brought in over the past three months: The news would be lousy. And it was. Revenue from the company's Nook division for its fiscal 2013 third quarter declined 26% from the same period a year ago, primarily as a result of slumping sales of the devices.

Is the bookseller just losing ground to rival Amazon and its market-leading line of Kindles? Perhaps. But many tech analysts see something else happening: the booming market for tablet computers

Up to a Third of Barnes & Noble Stores to Close, Report Says
January 28, 2013

Barnes & Noble will shut up to a third of its brick-and-mortar bookstores over the next decade as reading habits change and digital publications evolve, according to a new report.

The chain will end up with 450 to 500 stores in 10 years, down from the 689 physical stores it has now, according to Mitchell Klipper, chief executive of Barnes & Noble's retail group. That evens out to about 20 stores shuttered yearly over the period, Klipper said in an interview with the Wall Street Journal.

Barnes & Noble Sells Fewer Nooks, Retail Revenue Falls
January 3, 2013

Barnes & Noble Inc's Nook unit reported weak holiday season numbers on Thursday as it sold fewer e-readers and tablets at its own stores, and its e-books sales growth slowed, raising questions about the future of its digital business.

The Nook, launched in 2009 to compete with Amazon.com Inc's market-leading Kindle, has been the cornerstone of Barnes & Noble's strategy to counter the shift by many book readers to digital books. Early growth attracted a big investment last year from Microsoft Corp.

And last week, British education and media publisher Pearson Plc

Barnes & Noble Says Pearson Bought 5% of Nook Unit
December 28, 2012

Pearson Plc agreed to buy a 5 percent stake in the Nook e-reader unit of struggling bookstore chain Barnes & Noble Inc., joining Microsoft Inc. as a backer of the business.

Barnes & Noble shares rose the most in almost three weeks even after the New York-based company said holiday sales were below expectations and the Nook unit won't meet its projection for fiscal 2013. Publisher Pearson's investment values Nook at $1.79 billion, about twice Barnes & Noble's market capitalization.

"This is a reaffirmation of the valuation that no one believed with Microsoft

Barnes & Noble Inks Video Deals in Time for Nook HD, HD+ Release
October 30, 2012

Barnes & Noble is expanding its Nook Video content to include NBCUniversal and 20th Century Fox programs as it also begins shipping its HD and HD+ tablets this week. B&N said customers who preordered the tablets will start receiving them throughout the week. The devices will also hit Barnes & Noble's stores and retailers such as Target, Wal-Mart, and Best Buy.

Chief Executive William Lynch said that B&N had a record number of preorders.

Barnes & Noble Takes Aim at Amazon with New HD Nooks
September 26, 2012

Yesterday, Barnes & Noble revealed its plans for a Nook-branded online video store.

Today, the company is showing off the products it hopes you'll be watching that video on: New Nook tablets, called the Nook HD and Nook HD+.

The Nook HD is a seven-inch tablet, while the Nook HD+ is a larger, nine-inch device. Both are lightweight, have high-resolution displays and are running on "forked," or modified, versions of Google Android's 4.0 operating system.

The tablets are available for preorder today, and are expected to hit stores in early November.

Barnes & Noble to Introduce New Video Service for Nook Devices
September 25, 2012

Barnes & Noble said on Tuesday it would introduce a new video store for its Nook products this fall, the latest expansion of the bookseller's digital content.

The service will allow customers to stream and download movies and television shows for a fee onto TV's and mobile devices, while storing the content in the Nook cloud. The video catalog includes HBO shows, like "Game of Thrones" and "True Blood," and movies including "The Artist" and "Toy Story 3."

Barnes & Noble has focused heavily on its digital offerings to compete

B&N Prepping New Tablet with 'Revolutionary Screen Technology'
July 17, 2012

After Google recently shook up the 7-inch tablet space with its well-received Nexus 7, much of the speculation has focused on rumors that Amazon and Apple would soon introduce new "mini" tablets.

Now we're getting word from a credible source that Barnes & Noble, a 7-inch pioneer with its Nook Color and Nook Tablet, is set to bring out out a new 7-inch model that features "revolutionary screen technology."

The source, who's proven reliable in the past, wouldn't elaborate on the specifics of that technology but said that it was developed in-house