It's not wrong for retailers to discount books, and losing market share to a competitor is no excuse to fix prices or cheat consumers.
That's the message U.S. District Court Judge Denise Cote sent yesterday to Apple and the country's top book publishers, as well as e-book retailers.
In April, the Department of Justice filed suit and accused five of the country's largest book publishers of conspiring with Apple to raise e-book prices. Soon after, the DOJ reached a settlement agreement with three of the accused publishers. For months, the book industry attacked the settlement, … Read more
Barnes & Noble has fixed a library syncing issue with new Nook Simple Touch devices after customers took to support forums to complain for at least two weeks.
Barnes & Nobles spokeswoman Mary Ellen Keating said the issue, which according to the company affected less than 0.3 percent of Nook customers, was resolved overnight.
"We had a temporary and minor glitch as a result of recent internal maintenance," she wrote in an e-mail to CNET today. "All customers should be able to register and sync their devices. We apologize to those few customers affected by this … Read more
The customers had trouble syncing their e-book libraries with the new device, an issue that B&N support staff apparently acknowledged individually to customers.
One customer wrote that an online support representative said the issue was server related, but he hoped it would be resolved within 24 to 48 hours. That was two weeks ago.
"My comment to him at the end was -- why are they continuing to … Read more
An Amazon publishing division has inked a partnership with a book distributor that could help ease some of the tension in the e-book industry.
Amazon's New York-based book publishing imprint signed a deal with book distributor Ingram Content Group that will allow Amazon competitors such as Apple and Barnes & Noble to sell Amazon titles, PaidContent reported today.
"We welcome Amazon Publishing's New York adult group to the growing list of publishers who use our service," Phil Ollila, Ingram Content Group's chief content officer, told PaidContent. The partnership does not include Amazon's West Coast … Read more
Barnes & Noble narrowed its fiscal first-quarter loss, but suffered through a few hiccups with its Nook e-reader business.
The book retailer posted a loss of $40.9 million, or 78 cents a share, compared with a loss of $56.6 million, or 99 cents a share, from a year ago. Revenue rose only slightly to $1.45 billion from $1.42 billion a year ago.
Analysts, on average, estimated that the company would post a loss of 98 cents on revenue of $1.48 billion, according to Thomson Reuters.
Barnes & Noble will for the first time expand its Nook business internationally.
The company announced today that its e-readers and digital bookstore will be launching in the U.K. in mid-October. At that time, customers will be able to access the company's e-books, as well as purchase either its Nook Simple Touch or Nook Simple Touch with GlowLight.
As with its service in the U.S., Barnes & Noble will let U.K.-based customers read titles on their Nook or "mobile and computing devices."
It was just the other day that Barnes & Noble cut prices on its Nook tablets, making all three of its top-end models more competitive and more affordable than ever.
But those price cuts can't compare with this: While supplies last, Overstock.com has the refurbished refurbished Nook Tablet 16GB for $140, plus $2.95 for shipping.
(Interestingly, Overstock also has the refurbished Nook Tablet 8GB for $135, but for a mere $5 more, the 16GB model is obviously the much better buy.)
In case you're not familiar with it, the Nook Tablet is a fairly robust Android-powered … Read more