![]() ![]() The Nook e-reader was launched in 2009 to compete with Amazon's Kindle, allowing users to buy, download and read digital versions of books and magazines. It said it does not yet know whether it will float the new company. "Publishers will be terrified of Barnes and Noble going digital only."īarnes and Noble did announce at the beginning of the year that it was looking at splitting off its digital business. "In fact it could accelerate its decline. "This deal with Microsoft could be the saviour of its digital division but won't help the bricks and mortar business," Tim Coates, managing director of Bilbary, an e-book content provider, told the BBC. Bricks and mortarīut some industry commentators believe publishers will be "terrified" at the implications of the deal. It will house the bookseller's digital and college education book businesses. The as-yet unnamed new company will be 82.4% owned by Barnes and Noble, with Microsoft getting a 17.6% stake. The deal could make Barnes and Noble's Nook e-book reader available to millions of new customers, integrating it with the Microsoft's new Windows 8 operating system. Microsoft has invested $300m (£185m) in a digital venture with US bookseller Barnes and Noble. Continue reading the main story Related Stories ![]()
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