As it had warned investors last week, Barnes & Noble announced disappointing holiday sales Thursday. Nook device sales, in-store sales and BN.com sales all fell, with a particularly large decline in Nook device sales. Read more »
In its earnings report Thursday, Barnes & Noble reported revenues of $1.9 billion on losses of $0.04 a share, roughly flat with last year. Nook sales were up, but sales in stores and on BN.com fell. Read more »
Barnes & Noble and Microsoft have finalized their previously announced partnership, which spins B&N’s digital and college businesses off into a subsidiary that will now be called Nook Media. Microsoft is investing $300 million in the new company and retains a 17.6 percent stake. Read more at GigaOM »
Barnes & Noble’s new Nook HD tablets, priced starting at $199, aim to stand out from the pack with reader-centric features and enhanced reading experiences for magazines and catalogs. The company’s goal is to drive book discovery and purchasing through the tablets in new ways. Read more at GigaOM »
Microsoft invested $300 million in Barnes & Noble’s Nook business. As the following chart shows, that probably wasn’t a great idea: Production problems, slowing ebook sales and other factors are contributing to the Nook’s troubles. Read more »
Barnes & Noble CEO William Lynch says that the company plans to embed NFC (near field communication) chips into its Nooks. Users could take their Nook into a Barnes & Noble store and scan a print book to get info on it or buy it. Read more at GigaOM »
Microsoft and Barnes & Noble are forming a strategic partnership that combines the Nook and college businesses into a new company. Microsoft is making a $300 million investment in the new company and Nook e-books are coming to Windows platforms. Read more »
Seeking to advance the narrative that the Nook Tablet is a true multimedia tablet and not just a big expensive e-reader, Barnes & Noble (NYS… Read more »
Barnes & Noble (NYSE: BKS) hopes to advance a narrative of momentum and the power of bricks-and-mortar bookstores in its third-quarter earni… Read more »
In a *CNBC* interview today, Barnes & Noble (NYSE: BKS) CEO William Lynch told David Faber, “Whatever we do, we will continue to have a tigh… Read more »
As it enters the holiday season with the new Nook Tablet for sale and hopes to seize on the “$2 billion up for grabs” as a result of Borders… Read more »
Speaking at Liberty Media’s annual investor meeting this afternoon, Barnes & Noble (NYSE: BKS) CEO William Lynch said the company expects th… Read more »
When Barnes & Noble (NYSE: BKS) CEO William Lynch introduced the Simple Touch Reader this past May, he described it as an e-reader easy enou… Read more »
Barnes & Noble’s new Nook, the Simple Touch Reader, aims to compete with the paperback. Following a couple of weeks of rumors (and an intern… Read more »
Barnes & Noble (NYSE: BKS) is adding another seasoned digital exec to its team, this time to head digital education efforts. Tracey Weber jo… Read more »
A surprising move from Barnes & Noble CEO Steve Riggio is stepping down from that role for William Lynch, who joined in early 2009 as presid… Read more »
As it gets set to break into five pieces, IAC (NSDQ: IACI) is doing some executive rearranging. Jason Rapp, previously a key dealman as SVP… Read more »
