Barnes and Noble stops working with Microsoft

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POSTER: computer news   ||   BARNES AND NOBLE STOPS WORKING WITH MICROSOFT	DATE:2014-12-05
Microsoft's work with the company Barnes & Noble . Since 2011, Microsoft started to oblige electronics manufacturers to pay for the use of Android.  Everything was going well, until Barnes & Noble refused to pay royalties on the part of the manufacturer's Nook e-book .   As a result, long-running dispute issue between Microsoft and Barnes & Noble has been solved in an original way.  Winning allegedly Microsoft created with Barnes & Noble joint venture NOOK Media and are required to pay a few years the company Barnes & Noble amount of $ 300 million. In addition, Microsoft is required to pay annually up to $ 25 million. For the content of Barnes & Noble and invest certain funds to the development of applications Platform NOOK, as well as support shells Barnes & Noble on computers running Windows (up to $ 60 million. per year). The company Barnes & Noble spoke of the need to separate the business for the production of book readers and tablets from trade books (digital and paper).  This will help to increase the company's main business revenue, while the last quarter began to show significant - about 40% -  reduction of revenue. In light of the separation NOOK Media decided to stop working together with Microsoft.  Thus, Microsoft is freed from all sorts of financial obligations to the joint venture.   Barnes & Noble also acquired the remaining shares NOOK Media, owned by Microsoft.  Total, Microsoft invested in the joint venture  $ 300 million. Back no more than $ 120 million. Related Products :

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