nook

Layoffs hit Barnes & Noble’s Nook division

Barnes & Noble has laid off a number of employees in its Nook division in order to bring its costs in line with “business realities,” according to a statement from spokesperson Mary Ellen Keating. Still, they say they’re optimistic about the Nook’s chances, even as its team shrinks. “We believe we have a strong management… Read More

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Barnes & Noble’s Nook business falls more than 32%

Barnes & Noble’s Nook business continues to struggle in its competition with Amazon, with revenues in the segment declining more than 32 percent in the company’s most recent quarter, according to numbers released this morning. The company said revenue in its Nook business, including Nook devices and e-books, was $109 million in the quarter ended… Read More

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Microsoft’s $300M Nook deal: One year later, it’s MIA

One year ago, Microsoft and Barnes & Noble surprised the tech world by announcing a “strategic partnership.” Microsoft made a $300 million investment in the bookseller’s Nook e-reader and e-book subsidiary, for a 17.6 percent stake. The deal was completed in October, making Microsoft a key ally for Barnes & Noble in its struggle vs. Amazon’s Kindle…. Read More

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Poll: Should Microsoft buy Barnes & Noble?

Barnes & Noble is struggling. Could Microsoft, which invested $300 million in the company’s Nook digital reader business last year, be the bookseller’s savior? Barron’s got the rumor mill going over the weekend when it wrote that Microsoft’s ownership of the nation’s largest bookseller would “jump start” the company’s retail efforts by giving it 677… Read More

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Report: Barnes & Noble considers future of the Nook

Nearly a year after Microsoft agreed to invest $300 million in Barnes & Noble’s Nook business unit, the bookseller is seriously considering what to do with the electronic book reader. A report out from The New York Times, citing a person familiar with Barnes & Noble’s strategy, indicates that the company is possibly moving away from… Read More

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Barnes & Noble expects deeper loss in Nook business

Barnes & Noble, struggling to gain traction against Amazon’s Kindle, expects its Nook business to go deeper into the red. The company delivered the news to investors overnight, saying that the loss in the Nook segment will be greater for its current fiscal year (ending in April) than the $262 million loss recorded by the… Read More

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Rough holiday for Barnes & Noble: Nook sales fall 12.6%

Sales in Barnes & Noble’s Nook device and e-book business were $311 million for the nine weeks of the 2012 holiday shopping season, down 12.6 percent from the same period a year earlier. That’s the word this morning from the bookseller. Combined with a 10.9 percent decrease in Barnes & Noble’s physical and web retail division,… Read More

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Barnes & Noble’s Nook adds Pearson as investor, warns of weak holiday sales

Barnes & Noble’s Nook Media e-reading and tablet subsidiary this morning announced a new investor, the Pearson education and publishing company, and separately warned that holiday sales are coming in below its projections. Pearson, which includes the Financial Times Group and Penguin publishing company, will invest $89.5 million in cash for a 5 percent stake in Nook… Read More

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Barnes & Noble plans Nook integration with Microsoft Windows, Office and Bing

A newly surfaced job posting gives new details about Barnes & Noble’s plans for its fledgling partnership with Microsoft, citing a “product strategy of Nook integration with Microsoft ecosystem including Windows, Office, Bing.” Nate Hoffelder has the scoop over on his Digital Reader blog. Barnes & Noble’s posting doesn’t explain what “integration” means in this… Read More

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Barnes & Noble launching Nook Video service, but where’s Microsoft?

Barnes & Noble will launch its own digital video store for its Nook devices, attempting to compete more effectively against Amazon’s Kindle lineup. The new Nook Video service will launch this fall with content licensed from studios and content providers including HBO, Sony, Starz, Viacom and Warner Bros., the book retailer announced this morning. Interesting… Read More

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Discount time: Nook, iPhone join Kindle in price cuts

Summer must be ending soon. Not only are the daylight hours shrinking, but so are the prices on many soon-to-be-out-of-date consumer electronics devices in the buildup to the launch of new products. Barnes & Noble this morning joined in the pre-fall price-cutting trend by dropping the starting price of the Nook Tablet to $179 and… Read More

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B&N unveils Nook for Web; 7-inch Nook rumored for fall

Today, Barnes & Noble announced the Nook for Web, giving users access to B&N’s Nook store via any PC or Mac. The free access means users can browse titles and start reading without downloading software or signing up for an account.  The book seller said that additional Nook browsing capabilities will be coming this fall… Read More

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Barnes & Noble not part of Microsoft’s mystery event

Barnes & Noble is not participating in Microsoft’s big announcement this afternoon in Los Angeles, we’ve been able to confirm — verifying a report this morning by Dow Jones Newswires, as noted by Business Insider. At least for today, this appears to throw cold water on the theory that the bookseller will be teaming up… Read More