B&N to buy out Microsoft’s interest in Nook Media for $120 million

Barnes & Noble released their quarterly statement today. Mixed in with the usual dry statistics was a bombshell: B&N is buying out Microsoft’s share of Nook Media. After almost two years of co-owning a moneypit, MS is selling off their interest and walking away. In financial news, B&N reported that total revenues dropped 2.7%, to $1.7 billion, as… Read More »