barnes & noble

Barnes & Noble's Nook Media unit has pulled in a fresh cash infusion, this time from book publisher Pearson.

The two companies announced today that Pearson will invest $89.5 million in cash in Nook Media, the B&N subsidiary that oversees the Nook e-reader, tablets, and digital store. The transaction will give Pearson a 5 percent stake, valued at approximately $1.789 billion, according to Barnes & Noble.

When the deal is finalized, Barnes & Noble will own just over 78 percent of Nook Media, Microsoft will hold just under 17 percent, and Pearson will have the … Read more

Consumers looking for a Nook tablet can now pick one up at Walmart.

The retail outlet is selling the Barnes & Noble tablets at their usual prices. So the Nook HD tablet will run you $199 for the 8GB version and $229 for the 16GB model. The Nook HD+ will cost you $269 for the 16GB edition and $299 for the 32GB model.

All four versions and their related accessories are available through Walmart's online store as well as its brick-and-mortal outlets.… Read more

Barnes & Noble today announced the launch of its Nook Video service in the U.K.

Nook Video is available to U.K. customers who own a Nook HD or Nook HD+. The offering features both films and television shows from a wide variety of providers, including BBC Worldwide, HBO, NBC Universal, and Sony Pictures. STARZ and Warner Bros. Entertainment have also inked deals with Barnes & Noble.

Upon booting up Nook Video, customers will find both new releases and older films and television shows. The videos are available for streaming or download. Nook Video is a partner of Ultraviolet, … Read more

Barnes & Noble said this morning that sales of its Nook e-reader doubled over the four-day Black Friday weekend.

But like Amazon, which made a similar claim about its long-weekend Kindle sales, the company failed to provide any concrete numbers.

The growth in Nook sales, compared with the same four days a year ago, was propelled especially by an increase in promotional activity by the likes of Walmart and Target, Barnes & Noble said in the earnings report for its fiscal second quarter.

That quarter ended October 27, a month before the Black Friday weekend, so the company's revenue … Read more

Last year, Barnes & Noble ran a Black Friday sale on its Nook Simple Touch e-reader, chopping $20 off its list price of $99. This year it slices $40 off with a $59 in-store special -- while supplies last, of course.

Both Target and Sears are offering doorbuster deals on the Nook Simple Touch for $49 and $39.99, respectively, but I suspect Barnes & Noble will have more units on hand, which means you'll probably have a better shot of picking one up at a discounted price.

When it was released in 2011, we gave the Nook Simple … Read more

Barnes & Noble CEO William Lynch has a big hand in shaping the sales of books, both physical and digital. He also has a confession to make.

"I don't really read physical books that much anymore," Lynch told Bloomberg's Nicole Lapin. Lynch was dishing on what he's reading on his Nook right now, including Food & Wine and Field & Stream magazines. Fortunately for physical books, Lynch's wife is still a big fan of paper.

The migration away from physical media isn't new, but it still feels a bit strange to hear the CEO of a massive physical bookstore chain fess up about his preference for e-books. He also admitted to not being able to finish "Fifty Shades of Grey," for what that's worth.… Read more

Microsoft's digital book pact with Barnes & Noble is already bearing fruit.

A little more than a month after the two companies officially formed a partnership geared toward digital reading, Nook apps for Windows 8 and Windows RT have arrived at the Windows Store. B&N CEO William promised last month that a Windows 8 app was "imminent," but it was not available at the time of the new operating system's launch last month.

As part of the two companies' pact, Microsoft agreed to invest $300 million for a 17.6 percent stake in a … Read more

As Microsoft goes through a major corporate shakeup, it seems to have made some other shifts and changes in its leadership recently. A company spokesperson told CNET that Microsoft quietly moved mobile guru Andy Lees to the head of corporate development and strategy about a month ago.

Lees has been with the company for more than 20 years. Less than a year ago, Microsoft CEO Steve Ballmer changed Lees from being president of the Windows Phone division to a vaguely described job that had Lees focusing on a set of projects with Windows Phone and Windows 8. In this role, … Read more

Now that Barnes & Noble's new $199 Nook HD tablet is starting to ship to customers, the company has lowered the prices on last year's Nook Tablet models to $179 (16GB) and $159 (8GB), and reduced the price of its entry-level Nook Color to $139.

It's unclear how long Barnes & Noble will keep these models on the market, but it appears they will be sold through the holiday buying season.

In the past you could get refurbished versions of these same models for similar prices. When it was originally launched in late 2011, the 16GB Nook Tablet … Read more