"This morning," writes Rob Reynolds, "Microsoft and Barnes and Noble announced that the software giant is investing $300 million in a new B&N subsidiary that will include the Nook and B&N College divisions. Microsoft's investment gives it a 17.6 percent stake in the newco and ensures that Windows 8 will launch with the Nook digital bookstore in tow." He suggests that the result will mean increased competition for Amazon and ultimately lower textbook prices, which it will, but I would not expect these commercial interests to reduce prices dramatically.
Today: 4 Total: 4 [Share]
] [