Revenue at the bookseller’s Nook segment, which includes all the Nook devices, digital content, plus accessories, fell 12.6% to $311 million for the nine-week compared with the same period a year ago, the company said Thursday.
Rupert Murdoch’s News Corp. has expressed interest in buying book publisher Penguin Group, potentially undermining merger discussions between Penguin and Random House, people familiar with the situation said.
It didn’t take a Hogwarts magician to know this day would eventually come.
The bookstore feature of J.K. Rowling’s Pottermore website went live Tuesday, enabling English-language readers to buy the digital editions of all seven Harry Potter novels—and the audiobook editions—from anywhere in the world. Editions in French, Italian, German and Spanish will be the next wave.
The Justice Department has warned Apple Inc. and five of the biggest U.S. publishers that it plans to sue them for allegedly colluding to raise the price of electronic books, according to people familiar with the matter.