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Barnes & Noble Targets Pinterest Users in Holiday Nook Video

December 4, 2012
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Nook Media, the joint partnership between Barnes & Noble and Microsoft, is appealing to scrapbookers and/or Pinterest users with a holiday video, Dear Santa, that promotes the Nook Catalog and Nook Scrapbook features on its Nook HD and HD+ devices. Nook Catalog and Nook Scrapbook were introduced with the devices when they launched on September 26....

 

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September 26, 2012 From New York Times
Barnes & Noble said on Tuesday it would introduce a new video store for its Nook products this fall, the latest expansion of the bookseller's digital content. The service will allow customers to stream and download movies and television shows for a fee onto TV's and mobile devices, while storing the content in the Nook cloud. The video catalog includes HBO shows, like "Game of Thrones" and "True Blood," and movies including "The Artist" and "Toy Story 3."
 
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Barnes & Noble Founder and Chairman Leonard Riggio agreed on Wednesday to forgo $29 million from a sale of one of his companies to the book retailer in order to settle a shareholder lawsuit, according to court documents, Reuters reported. The lawsuit goes back to a 2009 agreement by the chain to buy back Barnes & Noble College Booksellers Inc. for $514 million from Riggio. Shareholders sued Riggio, saying the deal overvalued the college bookstores and enriched Riggio, Barnes & Noble’s largest investor, at the expense of shareholders.
 
 

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