Barnes & Noble, Microsoft Team Up In E-Publishing

Microsoft is committing $300 million to the venture with Barnes & Noble. They are working to create a new subsidiary of the bookseller. The two companies are hoping to energize sales of the Nook tablet.

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STEVE INSKEEP, HOST:

NPR's business news starts with a new partnership in E-Publishing.

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INSKEEP: Two well-known brand names are joining forces, as book publishing continues to undergo dramatic changes. Barnes & Noble and Microsoft are teaming up to create a new subsidiary of the bookseller, and the companies hope energize sales of the Nook, the tablet. Microsoft is committing $300 million here. The companies hope to boost sales of digital books, including college textbooks by using a Nook application for Windows 8, which is Microsoft's new operating system. Everybody's selling something, here. The Nook app will make Barnes & Noble's catalog of eBooks, magazines and newspapers available to Windows customers in the U.S. and abroad.

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