Tuesday, May 24, 2011

Liberty Media Sees Bright Future for Nook's Android Platform - WSJ.com

More on the books & Nooks appeal

On Tuesday, Barnes & Noble is expected to present a new version of the Nook e-reader in the face of intensifying competition with Amazon.com Inc.'s Kindle and Apple Inc.'s iPad tablet. On Monday, rival Kobo Inc., the Toronto-based e-book retailer, introduced a new $129.99 e-reader with a touch screen that's expected to begin shipping in early June.

Mr. Maffei, who singled out Apple's success at using its stores to promote its iPads, said Liberty estimates that Barnes & Noble has around 25% of digital book sales.

Taking aim at Amazon, Mr. Malone also said Amazon's strong lead in the nascent e-book market could be hampered by the publishing industry's interest in not allowing one retailer to become too powerful, a dynamic he said could benefit Barnes & Noble.

Liberty Media Sees Bright Future for Nook's Android Platform - WSJ.com

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