ENTRIES TAGGED "ereading platform"
Publishing News: B&N is at a “fork in the road”
B&N's dismal earnings call, fine-tuning paywalls, and German booksellers launch an ereader.
B&N, analysts respond to Nook losses
Headline news this week was the dismal Nook news from Barnes & Noble’s earnings call on Thursday. The news wasn’t unexpected — Leslie Kaufman reported at the New York Times on Sunday that B&N warned it expected “losses in its Nook Media division” and she quoted a source “familiar with Barnes & Noble’s strategy” as saying, “They are not completely getting out of the hardware business, but they are going to lean a lot more on the comprehensive digital catalog of content.” A B&N spokesperson assured John Cook at GeekWire, “To be clear, we have no plans to discontinue our award-winning line of Nook products.”
Cyrus Farivar reported at ArsTechnica that, on Monday, Leonard Riggio, B&N’s largest shareholder, offered to buy the company — minus the Nook and college bookstore divisions — and take it private, causing B&N’s stock price to rise 11% that day.
Publishing News: Wattpad raises $17.3 million in series B funding
A storytelling platform gets funding, publishers are missing the mark on digital, and an overview of the ebook industry.
Wattpad gets funding for its social ereading and storytelling platform, Brett Sandusky muses on digital publishing, and Jeremy Greenfield takes a big-picture look at the publishing industry.