01-04-2012, 11:16 PM | #1 | |
Captain Penguin
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Barnes & Noble looks to sell publishing arm
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01-04-2012, 11:37 PM | #2 |
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This would seem a logical decision on their part. It should come as no surprise. Bookstores will mostly be gone in the next ten years I think. Except for smaller vintage stores etc. With ereaders becoming mainstream this christmas I am not surprised. They are doing the right thing focusing on their ereader business.
Last edited by Tony1988; 01-04-2012 at 11:40 PM. |
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01-05-2012, 07:42 AM | #3 |
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It should bring a decent price; mid-sized specialty publishers (if well-run) should weather the transition to digital just fine.
Note that B&N is *not* getting out of publishing; their Pub-it venture is still in place and growing. They're most likely just raising cash to fund the company for a few more months after the Liberty Media loan runs out. |
01-05-2012, 10:31 AM | #4 |
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01-05-2012, 08:50 PM | #5 | ||
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This sounds like an epitaph: Quote:
Hard to argue with that. |
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01-06-2012, 04:01 PM | #6 | |
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Publishing as it existed before required the high cost of entry to be sustainable. The moment competition for shelf space and the costs of printing, storage, and shipping could be bypassed the end game was predetirmined. |
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01-06-2012, 05:13 PM | #7 | |
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Remember, Indigo is demanding coop marketing money to "feature" new releases and give'em extra visibility. The idea may be alien to publishing today but it is common in the supermarket business and far from unheard of in clothing and home electronics retailing. Even with reduced print runs, pbook shelf space is going to be at a premium and publishers are going to have to compete for the best placements. |
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01-06-2012, 05:15 PM | #8 |
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