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Media Journal: Barnes & Noble Digital Sales Drop Over Holidays

read here From WSJ reporters around the world. Search http://www.streetfire.net/profile/alexandriasutter.htm Corporate Intelligence1 January 10, 2014, 8:39 AM Media Journal: Barnes & Noble Digital Sales Drop Over Holidays Click here to receive this newsletter each morning by email. BOOK DROP:More troubling news for Barnes & Noble: the bookseller reported a 27% drop in sales of digital content during the all-important holiday period, WSJ reports. The declines further highlight the stiff challenge Barnes & Noble and its newly minted CEO Michael Huseby face in reviving the Nook business, which has been overshadowed by Amazon and Apple. At the retail group, sales dropped 5.5% at stores open at least a year and by store closings. Analysts review suggested that a Department of Justice lawsuit against publishers, which has allowed retailers to discount e-books more freely, may have contributed to Barnes & Nobles sales woes , The New York Times reports. BOX OFFICE:Afghanistan war drama Lone Survivor is expected to pull in between $15 million and $19 million in its opening weekend, easily besting The Legend of Hercules, which is expected to draw just $6 million to $8 million in its opening weekend, Hollywood Reporter notes.
Source http://blogs.wsj.com/corporate-intelligence/2014/01/10/media-journal-barnes-noble-digital-sales-drop-over-holidays/

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