Microsoft invested around $300 million into Barnes and Nobel’s Nook platform. “As demand for digital content continues to increase, we are focused on bringing ground-breaking reading and learning content and technologies to more people in more formats than ever before, including the imminent launch of our exceptional NOOK reading application for Windows 8,” said William Lynch, CEO of Barnes & Noble during the announcement of the agreement. “NOOK Media is a leader in developing the next generation of digital reading and we look forward to the company bringing one of the world’s largest digital libraries to Windows 8 devices via their upcoming Windows 8 app,” commented Andy Lees, President at Microsoft. Ever since the announcement, Nook is facing great challenges in the e-book market and they are updating their agreement with Microsoft. Thanks to ZDNet’s Mary Jo Foley, new 8-K filing by Barnes & Noble has all the details of the updated ...

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Microsoft and Barnes and Noble’s joint venture has received regulatory blessing, and with that also finally a name. No longer NewCo, the company has now been named Nook Media LLC. “As demand for digital content continues to increase, we are focused on bringing ground-breaking reading and learning content and technologies to more people in more formats than ever before, including the imminent launch of our exceptional NOOK reading application for Windows 8,” said William Lynch, CEO of Barnes & Noble. “We look forward to working closely with our new partner Microsoft to add value to their innovative new platform by bringing great reading experiences and one of the world’s preeminent digital bookstores to millions of Windows 8 users.” “NOOK Media is a leader in developing the next generation of digital reading and we look forward to the company bringing one of the world’s largest digital libraries to Windows 8 devices ...

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