Inside the Australian and New Zealand book industry

Image. Advertisement:

B&N creates ‘Newco’ subsidiary with investment from Microsoft

US bookselling chain Barnes & Noble has creating a new subsidiary for its digital businesses and college bookstores in partnership with Microsoft, reports Publishers Weekly. The venture is temporarily named Newco and is backed by a US$300 million (approximately A$290 million) investment from Microsoft, which gives Microsoft a 17.8% shareholding. Publishers...

Please log in or subscribe to access all of Books+Publishing's premium content.

 

Login

Forgot my password

Subscribe

Purchase a subscription to access Books+Publishing‘s premium content.

We now offer a pay-by-the-month subscription.

Click here to see our range of subscription options.

Subscribe

 

Tags:

Category: International news