Microsoft Bids Nook Adieu

shutterstock_118535536Barnes & Noble buys out Microsoft’s 16.8% stake in Nook Media, letting the tech company out of its partnership with the retailer’s faltering ebook business.

The buyback costs Barnes & Noble $62.5 million, a figure that, according to Publishers Lunch, “implies a ‘fair market value’ of about $700 million for Barnes & Noble College and Nook combined.”

Microsoft invested $605 million in Nook in 2012, in a bid to compete with Apple and Amazon on ebooks. With Microsoft out of the picture, Barnes & Noble clears the way for a spin-off of Nook Media, with a target of August 2015.

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Why Walmart Should Buy Nook (The Street)
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Amazon has been subjected to (and has itself helped fashion) a number of zoological metaphors relating to its position in the publishing world, from hungry “cheetah” to “devouring whale.” How well any of them characterize the e-tailer depends on your perspective and whether you think Amazon’s power can be reigned in. An arguably tougher question: Should it be?
Related: Weighing Amazon’s Place in the Publishing Landscape at DBW15

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Related: Taking the Measure of Digital Change in Higher Education Publishing at DBW15

3M Cloud Library Adds Digital Audiobooks (Zacks)
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App Annie Launches User Data Dashboard (Venturebeat)
The new analytical tool allows publishers to access demographic and usage information from users of their mobile apps, a service geared toward helping publishers fine-tune and their content for the growing pool of mobile readers and app users.

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