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Reading the fine print of the agreement between Microsoft and Barnes & Noble, the Wall Street Journal has determined that Microsoft is, in fact, investing $605 million in the Nook business over the next five years (Microsoft to Invest in Barnes & Noble’s Nook):
Microsoft Corp. is investing at least $605 million in Barnes & Noble
1691 readersIn a press release Microsoft and Barnes and Noble have announced that Microsoft have bought into Barnes and Noble to the tune of about three Million dollars. Presumably in an attempt to take on good old Amazon on a rather better playing field. Also to take on the burgeoning growth of Android, as obviously with
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Five months after initially announcing a strategic partnership that would see Microsoft invest $605 million in Nook over five years, sending Barnes & Noble shares on a roller-coaster ride, the partnership has been finalized and the new entity, jointly owned by Microsoft and B&N, has a name: Nook Media.
[Press Release]
Barnes & Noble and Microsoft Complete
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Barnes & Noble is breaking itself apart, by spinning off its fast-growing digital unit from its slow-growth bookstore business. And it’s doing so with help from Microsoft.
Redmond will put $300 million into the new business at a $1.7 billion valuation, and will get 17.6 percent of the new company.
261 readersMicrosoft is considering offering Barnes & Noble $1 billion to buyout the Nook Media business, an asset that the Washington-based technology company already has a 16.8% stake in, according to a report in TechCrunch. Microsoft would redeem some of its shares in Nook Media, and take over the Nook eBook and tablet business. Here is more
1229 readersNook Media, Barnes & Noble’s digital publishing business, is offering a pretty good deal on its tablet.
For a limited time, if you purchase a Nook HD+ tablet, you will get a free Nook Simple Touch device, the company’s $79 eInk eReader. The deal is good at Barnes & Noble retail stores, Barnes & Noble College
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By Jeremy Greenfield, Editorial Director, Digital Book World, @JDGsaid
Microsoft and Barnes & Noble are entering into a strategic partnership aimed at shifting the balance of power in the battle for the exploding e-book market with Amazon and Apple.
In a press release this morning, both Microsoft and Barnes & Noble announced a strategic partnership between the software
769 readersYesterday we had a piece on the opportunity of Barnes & Noble to launch a Windows 8 tablet. Today things get even more certain, as sources reported to Digital Trends that the debut will happen in late September, when a B & N event is scheduled in Union Square, New York. Microsoft is also involved
1237 readersSince Amazon launched its new Kindle Fire HD tablets, we’re bound to see a reply from B & N soon enough, as far as tablets are concerned. However, recent speculations point towards a change of attitude or better said a change of software partner. The company could opt for Microsoft and Windows 8 this time,
377 readersBarnes & Noble has released its Nook eReader app for Microsoft’s Windows 8 platform.
The app is part of news that the two companies have formed a strategic partnership, creating a new Barnes & Noble subsidiary focused on digital content. The new subsidiary, which is being referred to as “Newco”, brings Barnes & Noble’s digital and college