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Barnes & Noble

Robinson-Patman, Amazon, the publishers, and the ABA: Where’s the lawsuit? (Updated)
June 3, 2014 | 3:16 pm

Two different op-eds have popped up on CNN and Al Jazeera suggesting that Amazon, big bully that it is in the Hachette negotiation, needs to be taken down a peg under the Robinson-Patman Act. (If you didn’t hear a raspy voice say “I’m Patman” when I mentioned the name of that law, I’m pretty sure you did just now.) Robinson-Patman is an anti-predatory-pricing regulation that’s on the books dating back to the ‘30s, intended to prevent businesses from charging different prices in different towns to undercut local competition, or from using their size to bully suppliers into giving...

Publishers, Amazon, and competition: Three points of view
June 1, 2014 | 11:00 am

There’s a theme in the triad of Amazon/Hachette articles I found this morning, and the theme is…competition. First of all, here’s a rare op ed in favor of Amazon that originally appeared in CNN’s “Fortune” section. (Though it seems to have vanished from there; the link no longer works and the author reposted it on his own blog.) Len Sherman rebuts an earlier anti-Amazon piece by Adam Lashinsky and argues that Hachette’s background as an illegal colluder suggests it is more interested in keeping prices high, whereas Amazon wants to keep them lower for consumers. ...

How to upgrade the Nook HD to Kit Kat with Cyanogenmod
May 31, 2014 | 4:59 pm

Screenshot_2014-05-31-16-44-33Ever since I got my Nexus 7, my Nook HD has been kind of languishing. I’d upgraded it to the most recent Jelly Bean Cyanogenmod version a while back, but I was curious: what might Kit Kat be like on it? Could I run it? Given that I had the Nexus, I wasn’t in danger of losing my only Android tablet solution if I screwed it up, so I figured, why not break me off a piece? I found some not terribly user-friendly instructions, puzzled my way through them, and commenced. It worked for me, so I’m going to tell you...

Can publishers win if they dare?
May 31, 2014 | 12:29 pm

primematrixDare - dare to believe you can survive You hold the future in your hand Dare - dare to keep all of your dreams alive It's time to take a stand And you can win, if you dare —Stan Bush, “Dare” That seems to be the chorus that publisher advocates are singing these days: as publishers fight against the evil market-devouring Amazon much as the Transformers fought the evil world-devouring Unicron, the publishers...

Is Barnes & Noble stock underpriced?
May 27, 2014 | 10:58 am

Barron’s has an article by Andrew Bary (paywalled; bypass with Google News) suggesting that Barnes & Noble stock is currently badly underpriced. Trading around $18 right now, Bary argues, B&N could be worth $36 based on the value of the company’s assets alone, especially if B&N follows through on cutting its losses (especially with regard to the Nook) and improving efficiency. What benefits might accrue to B&N shareholders? Bary suggests B&N could split up into three separate companies—bookstores, college bookstores, and Nook—though given the improvements to Nook’s bottom line, this might be unlikely to happen any time soon. Or...

Konrath vs. Stross on the Amazon/Hachette affair
May 27, 2014 | 4:37 am

So, more people have chimed in on the Amazon/Hachette thing. Most notably, Charlie Stross has blogged about it. Given that he’s published by Orbit, a subsidiary of Hachette, it’s understandable that his point of view is rather similar to Lilith Saintcrow’s: Amazon is a “malignant monopoly” engaging in predatory pricing, bullying Hachette, and so forth. Joe Konrath and pseudonymous guest blogger William Ockham have a different point of view. Konrath posted an essay to his blog in which they demolish Stross’s arguments point by point. Most of it is the same argument/counter-argument we’ve been hearing over and...

Sneaking books into bookstores is not a good idea
May 25, 2014 | 10:36 am

Here’s another one from the “probably not a good idea” department. Self-published writer Brendan Leonard had a bright idea: he might see if he could get his book more exposure by planting it in a Barnes & Noble store. All that was necessary for it to ring up was to have an ISBN bar code on it, which it did. He then had the idea to use it as an Instagram promotional gimmick: place books in various stores and post their location to Instagram so people could go buy them. Granted that he was giving money away by giving his...

Updated: ‘Amazon Derangement Syndrome’ characterizes dispute between Amazon and Hachette
May 24, 2014 | 12:36 am

So, there’s a thing. Over on The Passive Voice, and some other blogs with similar points of view, they refer to it as “Amazon Derangement Syndrome (ADS),” for the way a certain class of people seem to like to run around like chickens with their heads cut off whenever the evil Amazon does another evil thing evilly. Now, I’ll grant that ADS might not be the best term to go around using if you want to engage in serious discourse, given that the sort of people who toss it around are likely to be just as opinionated in...

Amazon vs. Hachette: Theories and opinions
May 14, 2014 | 5:30 pm

So, Amazon vs. Hachette. There’s a thing. One multibillion dollar company versus another in a contract negotiation, Amazon delaying availability of Hachette books, authors getting caught in the middle, and we’re supposed to root for the publisher because Amazon is, of course, evil. Right. Publishers Weekly has a pretty informative and more or less neutral article looking at the matter and putting it in perspective of the publishers’ antitrust settlement and subsequent renegotiation windows. Hachette will be the first of the publishers to get to renegotiate its contract with Apple, in October 2015, and undoubtedly Amazon wants to...

Jeremy Greenfield advocates Nook book sales for B&N salvation
March 29, 2014 | 4:25 pm

Digital Book World's Jeremy Greenfield has just penned a very interesting and thought-provoking article over on Forbes. As the answer to the great "what is going to happen to Nook?" question, he advocates that Barnes & Noble should build out the Nook Press self-publishing operation, B&N's answer to Kindle Direct Publishing, into a print book franchise. "Start selling self-published print books in Barnes & Noble stores," he urges. Arguing from the amount of shelf space that B&N already gives over to Nooks in its stores, Greenfield points out that: "the company owns Sterling Publishing, a New York-based publisher. On Nook’s dime,...

What if Amazon bought Barnes & Noble?
March 14, 2014 | 11:12 am

There’s a peculiar phenomenon by which year-old articles sometimes show up again in news aggregators and social network feeds that for some reason see the month and day part of the date and miss the year. (It’s gotten me in trouble before.) But today it brings up an interesting blog post I missed the first time around. And while a lot has changed since the post was written in March 2013, it still bears a little bit of thinking about: might or should Amazon buy the struggling Barnes & Noble? There’s been a lot of speculation...

Barnes & Noble to launch another Nook tablet?
February 26, 2014 | 9:55 am

launch another Nook tabletAnd just when we thought Barnes & Noble was safely on its way to the grave. Third quarter earnings were released today. (Thanks to Baekdal for tweeting the Gigaom article.) According to the press release: Third quarter consolidated revenues decreased 10.3%, to $2.0 billion, as compared to the prior year.  Third quarter consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) increased from $59 million a year ago to $173 million.  Prior year results were adversely impacted by $74 million of NOOK inventory-related charges.  The remaining year-over-year EBITDA increase was primarily attributable to lower NOOK expenses. Revenues were down but profit was up slightly, due...

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