Barnes & Noble will be splitting into two companies within the next year, the company said in a statement earlier in the week.
The move comes after years of Barnes & Noble’s Nook business hemorrhaging money and losing market share to competitors Amazon and Apple.
The company announced annual earnings at the same time and the news for Nook was bleak. It lost $218 million on $506 million in sales, down about a third from last year (though losses have been trimmed by more than half); and revenue in 2013 was down nearly 20% from 2012.
In a year’s time, when the company is standing on its own more or less (propped up by the B&N college bookstores which are part of Nook Media), how much of it will be left?
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Library Ebook Problem Not Solved (DBW)
Progress on ebook access has been made in the public library market, but what about the school library market?
The Fading Dream of Publishing’s Long Tail (Idealog.com)
Industry consultant and Digital Book World partner Mike Shatzkin gives the history of how the “long tail” has worked in book publishing and goes into deeper discussion on some data DBW published earlier this week.
Start-up: Canadian Byliner/Atavist (DBW)
Nonvella is a new start-up out of Canada that aims to be the Great White North’s version of short form publishers Atavist or Byliner. Hopefully the company won’t go the way of the latter, which seems to be winding down. The former has pivoted and also licenses technology.
Recasting the “Big Five” (Pub Lunch)
How big are each of the so-called “big five” publishers – the largest book publishers in the world, Hachette, HarperCollins, Macmillan, Penguin Random House and Simon & Schuster? And how do they fall in terms of size? Now that Hachette has acquired Perseus, some reordering may be in order.
Ebooks in Switzerland (Swissinfo.ch)
Ebooks have been slow to catch on in Switzerland. The country’s local publishers association pegs the format at 5% of all sales.
Amazon Responds to German Complaint (Pub Lunch)
In a statement, Amazon has responded to a German publishers association complaint against it, saying that it isn’t delaying shipments, just buying less stock of Bonnier’s titles and shipping the ones it has as soon as they are ordered.
Indie Authors: For or Against Amazon? (The Digital Reader)
One publishing commentator thinks that indie authors should take a harder look at their relationship with Amazon in the context of its business dispute with Hachette.
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Sick of your smartphone battery dying daily? The Midia InkPhone is now available for pre-order at $149 and lasts two weeks.