Linked by Thom Holwerda on Mon 30th Apr 2012 11:53 UTC
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Member since:
2010-08-06
Barnes and Noble still keep a 82.4% stake in the new formed company and Microsoft 17.6%
The press release says spun off, but a majority share subsidiary is really part of the parent company so the Nook business is not really spun off.
Google, Amazon and Apple got into ebooks and publishing.
For Microsoft this is a master stroke.
It is very difficult to get book publishers onboard. With this partnership Microsoft won't have that difficulties.
Edited 2012-04-30 16:33 UTC