Barnes & Noble’s Nook division did not have a very good holiday quarter, but that isn’t stopping the retailer from believing in the brand. In the latest quarterly report from Barnes & Noble, the company revealed that its Nook division saw revenues of $157 million, a decrease of 50.4 percent from year ago quarter. Of that amount, two-thirds came from hardware sales, but despite...
Barnes & Noble on Wednesday officially revealed its latest eReader, the Nook GlowLight, which offers several improvements over the previous model. The company says it's the lightest nook it has ever built and that the device is also 15 percent lighter than Amazon's Kindle Paperwhite at just 6.2 ounces. Barnes & Noble created a new industrial design for the device, though it...
The following post is sponsored by Best Buy. Head over to Best Buy for your back to school needs. No matter how you boil it down, you’re going to be reading something when you go back to school. Maybe it’s classic literature for English class, or maybe it’s an engineering text book. We’ve already covered full size tablets and mini-tablets that could make great products for reading text...
Barnes & Noble announced today that it is shaking up its senior leadership including the immediate departure of William Lynch, the company’s CEO. Beleaguered book retailer Barnes & Noble made some major moves in its senior management today. The biggest announcement was the resignation and immediate departure of CEO William Lynch. Additionally Michael Huseby has been appointed...
Barnes & Noble announced on Friday that Google Play is now available on the Nook HD and the Nook HD+. Before now, the tablets were in a walled garden of sorts and were only allowed to install applications from Nook's own store. Now, they're able to access more than 700,000 Android applications and tons of music and video content. That means you can, essentially, turn your Nook HD or...
Barnes & Noble said Monday that consumers will soon be able to purchase in-app content on its Nook HD and Nook HD+ products. In-app purchases have been huge revenue generators for Apple and Google, and essentially allow consumers to buy additional content from inside an application. You can buy extra levels in a game, for example, unlock more advanced editing capabilities in a photo...
Barnes & Noble announced today that it has struck new deals with multiple studios to bring even more content to the Nook HD and Nook HD+ for both rental and sales. Although the Nook brand has now been spun off into its own company, Barnes & Noble is still working on deals for video content. Today the company announced that it has struck deals with Lionsgate, MGM, Paramount,...
Barnes & Noble Inc. Chairman and Founder Leonard Riggio stated he is making a bid to purchase the brick and mortar and online presence of the book retailer. Interestingly though the bid excludes the digital books business, which one would assume has the greatest growth potential, even though the e-book business looks like it will take a bit of hit a hit in Q1. In April, Microsoft...
Barnes & Noble released a brief summary on its performance during the 2012 holiday season on Thursday, and the results aren’t looking too pretty. The company said revenues in its retail segment decreased 10.9% over the 2011 holiday season and that revenue from its NOOK segment declined 12.6 percent over the same time period to $311 million. Digital sales, which includes eBooks,...
Pearson publishing has made an investment in NOOK Media, the company co-founded by Barnes & Noble and Microsoft. It seems that some folks have a lot of faith in the recently formed NOOK Media company. Pearson agreed to an $89.5 million investment in the company for a 5 percent equity stake. That places the valuation of the company at $1.789 billion. Not bad for a company that only...