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Books Businesses

Barnes & Noble To Spin Off Nook Media, Will Take It Public 51

Posted by samzenpus
from the split-up dept.
Nate the greatest writes It looks like the recent rumors about B&N splitting up were true. Along with could-have-been-worse financial news, Barnes & Noble just announced that it's going to spin off its two-year-old ebook subsidiary into a new publicly traded company. The move won't be finalized until 2015, but when it happens the new company is expected to have both existing parts of Nook Media, including the less than successful ebook division and B&N College, which is still managing to turn a profit.
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Barnes & Noble To Spin Off Nook Media, Will Take It Public

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