Wall Street Journal (August 8)
2010/ 08/ 09 by jd in Global News
With 720 stores, Barnes & Nobel is the largest bricks and mortar book seller in the U.S., yet valued at less than $1 billion. In comparison, Amazon’s market cap exceeds $55 billion. Barnes & Noble is seeking suitors to help turn things around. This marks a tipping point. “Technology has made the physical scale of Barnes & Noble a liability.” EBooks offer enhanced features such as video, audio and interactivity while eBook sellers such as Amazon.com don’t need “retail outlets, inventory, returns, printing or shipping costs.” The age that began with Guttenberg is nearing an end. Today we are turning “new pages in the history of the book, whose final chapters are yet to be written.”
Tags: Amazon, Barnes & Noble, eBook
