X

New chapter in book wars

The bookselling market continues its evolution on Internet time, shifting again with BarnesandNoble.com's IPO plans.

CNET News staff
The bookselling market continues its evolution on Internet time, shifting again with Barnes & Noble's announcement that it would spin off its online unit in an IPO, much to Wall Street's delight. Bertelsmann plans to enter the business as well, while Amazon.com has yet to turn a profit.

Bulls still like online booksellers
Wall Street applauds the news that Barnes and Noble plans to spin off its online unit, but the company's stock, along with Amazon.com's, is seeing a downside.

Study looks at Amazon's future
update Amazon.com must generate $1 billion in annual sales simply to break even, according to a new study by e-commerce consulting firm IceGroup.

For music, the next front is Europe
Online music retailers appear to be looking toward Europe for the near-term future of their businesses.

Barnesandnoble.com to go public
update The world's largest brick-and-mortar bookseller announces plans to sell shares of its online unit to the public.