“Forgotten Hollywood”- New eBook Business Partnership…

Posted on May 2, 2012 by raideoman1 | No Comments

Manny P. here…

   News organization Reuters has filed a report about a finalized deal involving Microsoft and Barnes & Noble. On Monday, they reported:


Microsoft Corp has agreed to invest $300 million in Barnes & Noble Inc’s Nook digital-book business and college texts, in a deal that helps establish the value of the popular Nook business while giving Microsoft a foothold in the eBook market.

Shares of Barnes & Noble nearly doubled in premarket trading after the deal was announced. The agreement values the Nook and textbook business at $1.7 billion.

   The agreement is a real game-changer with regards to the ongoing competition between the sales of literary downloads on Amazon Kindle vs. B&N Nook. One example of the vast impact the on-line conglomerate will have, according to Reuters:

Microsoft and Barnes & Noble will introduce an application for the Nook on Windows 8, the upcoming version of Microsoft’s operating system.

   This is a fascinating development for a singular author who has his initial work available in the Nook format… which I do (Forgotten Hollywood Forgotten History).

(Reuters news correspondent Phil Wahba contributed textual information on this blog story)

Until next time>                               “never forget”

This entry was posted on Wednesday, May 2nd, 2012 at 12:11 am and is filed under Blog by Manny Pacheco. You can follow any comments to this post through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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