U.K. consumers are seeing super-low prices on some new ebooks as part of a Barnes & Noble Nook promotion. So far, though, U.S. customers haven’t seen prices like this.
Barnes & Noble CEO William Lynch resigned Monday, leaving the troubled bookstore chain split in two and without a single person in charge. Lynch should have done some things differently, but his job was a very hard one.
Barnes & Noble CEO William Lynch has resigned. Michael Huseby, who was the company’s CFO, takes over as CEO of Nook Media, while Mitchell Klipper remains CEO of retail.
Amazon and Barnes & Noble both dropped prices on tablets in the U.K. and Europe this week.
Barnes & Noble said in its earnings report Tuesday that it will stop manufacturing Nook tablets in-house. Big losses in the Nook segment dragged down the company’s revenues for the quarter and the full fiscal year.
Why is Barnes & Noble extending price cuts on Nook tablets? It may be because the retailer is trying to clear out stock.
Apple now holds about 20 percent of the U.S. ebook market, director Keith Moerer testified in court on Tuesday. Moerer also said that the iBookstore’s sales grew by 100 percent in 2012.
Apple debuted iBooks for Mac at WWDC in San Francisco Monday. The desktop app will be available as part of the launch of OSX Mavericks this fall and will allow purchasing as well as reading.
Microsoft already has a stake in Nook Media, and now it is reportedly seeking to buy out the entire company. In Nook, Microsoft sees a shot at competing against Amazon and Apple — in a way it might not be able to do from scratch.
In a new book, former Kindle exec Jason Merkoski examines where e-reading platforms are now and how they could change in the future. If you’re looking for secrets about Jeff Bezos, though, you’re in the wrong place.