Barnes & Noble Shares Rise On Speculation About Deals And Changes For The NOOK

By | Monday May 20, 2013 @ 12:26pm PDT

Barnes & NobleThe book retail chain’s shares are up 8.1% in mid-afternoon trading, making it one of the day’s biggest gainers in the media pack. Barron’s appears to be largely responsible for the move after it seized this weekend on … Read More »

Comments (0)

Liberty Media CEO Foresees Cable Mergers But Remains Coy About Charter’s Plans

It’s natural to wonder whether Liberty Media Chairman John Malone’s new acquisition of 27.3% of Charter Communications is merely Step One in a plan to make him a U.S. cable titan — the role he played until 1999 when he sold Tele-Communications Inc to AT&T. And while Liberty CEO Greg Maffei doesn’t predict that, he also didn’t rule it out today in a quarterly earnings call with analysts. He says that cable “could be in for a round of consolidation” at a time when it’s so inexpensive to borrow money and large companies covet opportunities to cut costs — for example by negotiating lower prices from programmers. He cryptically adds that even though Charter can do just fine as a stand-alone entity, “we’ll see” whether it ends up being “a consolidator or condolidatee.” Liberty’s stock purchase agreement gives it the right over time to raise its stake to 40%. Will it do so? “We’ll see what time holds,” Maffei says. Read More »

Comments (0)

NOOK Woes Contribute To Barnes & Noble Fiscal Q3 Loss

By | Thursday February 28, 2013 @ 6:44am PST

Barnes & NobleThe book retail chain has a bleak story for Wall Street this morning. It reported a net loss of $6.1M for the three months that ended in January, down from a $52M profit a year ago, on revenues … Read More »

Comments (5)

NBCUniversal And Fox Agree To Provide Content For NOOK Tablets

NBC Universal and 20th Century Fox Home Entertainment will supply standard definition and HD movies and TV shows to the NOOK Video download and rental service — just as Barnes & Noble prepares this week to ship its NOOK HD and NOOK HD+ tablets and offer them in its stores. The bookstore retailer’s release skimps on details about the agreements, including how much content the studios will provide, how much titles might cost, and what other devices might be able to handle Nook Video streams and downloads. But it says that titles include Snow White And The Huntsman, Battleship, Dr. Seuss’ The Lorax, Ice Age: Continental Drift, and Diary Of A Wimpy Kid: Dog Days. Along with its previous deals with HBO, Sony Pictures Home Entertainment, STARZ, Viacom, Warner Bros, and Disney, Barnes & Noble says it will offer “thousands of movies and TV shows for all ages and interests.” The new agreements, and tablets, also are designed to make it easy for NOOK owners to stream videos from their UltraViolet accounts. Read More »

Comments (1)

Barnes & Noble Stock Rises After CEO Tells Investors It’s Undervalued

By | Wednesday October 10, 2012 @ 1:08pm PDT

Shares rose 8.3% to $14.96 this afternoon after CEO William Lynch vigorously argued at a Liberty Media investors’ meeting that stock buyers aren’t giving the book retail chain its due. With a market price of about $884M, the company that … Read More »

Comments (1)

Can Barnes & Noble’s NOOK Video Compete Against iTunes And Amazon?

By | Tuesday September 25, 2012 @ 11:08am PDT

Barnes & NobleThat’s hard to say: Even Barnes & Noble can’t articulate why consumers might favor its planned digital video purchase and rental service over its more established rivals. There’s no word on how much movies and TV shows will cost. It’ll be “incredibly competitive,” says B&N General Manager of Emerging Digital Content Jonathan Shar. We don’t know how many movies and TV shows B&N will offer, or how recent most titles will be. We don’t even know whether it will work with all flavors of Apple and Android powered devices.  “As one of the world’s largest retailers of physical video discs and digital copyrighted content, our new NOOK Video service will give our customers another way to be entertained with a vast and growing digital video collection, as part of our expansive NOOK Store,” CEO William Lynch says. Read More »

Comments (3)

Amazon Unveils Media Apps For Kindle Fire

The tablet wars are intensifying as the holiday shopping season approaches: Amazon kicked things up today by announcing that Kindle Fire customers will only have to fill out one form to register for multiple media services including Netflix, Rhapsody, Pandora, … Read More »

Comments (1)

Barnes & Noble’s New Nook Throws Hat Into Tablet Race

By | Monday November 7, 2011 @ 9:54am PST

Barnes & Noble today unveiled its new Nook Tablet, which comes preloaded with apps from Netflix, Hulu Plus and Pandora. The boost in entertainment options compared with previous versions signals the company’s intention to compete in the space against the … Read More »

Comments (7)