Barnes & Noble have been in publishing since the 1970s , but in recent years they ’ve been squaring up to Amazon in the world of digital reading . Now , they ’re selling off their newspaper publishing division to focus on tech .
TheWall Street Journal reportsthat the ship’s company has put its Sterling Publishing business concern up for sale . That think of that shortly they ’ll be out of the publishing game for good . ( To be clear , that does n’t mean the brick - and - mortar fund are closing , just that their company that actually make book is being betray . )
That most probable means that Barnes & Noble will focus on its new - found winner in technology , shifting its elbow grease to eReaders and tablets . ItsNook TabletandNook Simple Toucharen’t perfect , and they ’re scarcely terrifying Amazon yet , but they do show promise . A deal of promise .
Nook Tablet Review : More office Does n’t have in mind More execution
In December 2011 Barnes & Noble report a deprivation of $ 6.6 million , compared with a release of $ 12.6 million a year in the first place . This could be the shift it needs to become profitable — and give Amazon a petty more to worry about . [ Wall Street Journal ]
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