Inside the Australian and New Zealand book industry

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B&N Nook business loses millions in first quarter ahead of UK expansion

Barnes & Noble’s Nook business lost US$57 million (approximately A$55 million) in the first quarter of the 2013 fiscal year on revenues of US$192 million (A$185 million), reports Digital Book World. While the US bookselling chain’s digital content sales were up by 46% for the period, losses increased by US$6 million (A$5.8 million)...

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Category: International news