Microsoft and Barnes & Noble have teamed up to compete against Apple and Amazon in the eBooks business. The new partnership sees Microsoft investing $300 million in a new Barnes & Noble subsidiary 뮤즈대쉬 다운로드.
The $300 million investment in the Nook subsidiary of Barnes & Noble gives Microsoft about 17.6 percent ownership of this business unit 인터넷 동영상 링크 다운로드. That values this part of the business at about $1.7 billion. Before the markets opened this morning, the Nook business was valued about $900 million more than Barnes & Noble itself 다운로드.
In addition, Microsoft is paying another $305 million to get Nook on Windows 8 with some content:
Microsoft will be paying the Barnes & Noble subsidiary $180 million for revenue sharing on the Nook app that B&N will make for the Windows 8 platform 파크라이3 다운로드. This is nonrefundable, the filing notes. Microsoft is also paying $125 million (equal to $25 million over five years) “for purposes of assisting NewCo in acquiring local digital reading content and technology development.” This, too, looks to be nonrefundable 다운로드.
To put that in perspective, in the last quarter Barnes and Noble made $52 million in profit (on $2.4 billion in sales), and Amazon pulled in $130 million in profit (on $13 billion in sales) 바우와우. Clearly, Amazon has a big edge over B&N.
But, when you look at Microsoft’s earnings for the last quarter, $5.1 billion in profit (on $17 billion in sales), it looks like the big dog just entered the game 플라즈마 스워드 다운로드. But, don’t forget that Apple is on the scene as well.
Clearly, the e-reader battle is just heating up and everyone wants a piece.
On a side note, Target just announced they are pulling all Kindle’s from their stores due to ‘showrooming.’ The practice of visiting Target to physically touch a product, so you can then buy it on Amazon 다운로드.