Quantcast

Tuesday March 26, 2019


Warning: Use of undefined constant sfire_topic_count_text - assumed 'sfire_topic_count_text' (this will throw an Error in a future version of PHP) in /nas/content/live/nyconvergence/wp-content/themes/nyconvergence-3/functions.php on line 188

Stories related to ‘Liberty Media’

Barnes & Noble’s Nook Sales Grow

Barnes & Noble's Nook Sales Grow

In Barnes & Noble recent earings annouincement, the NY-based company reported of how its online sales grew 37% with comparable sales up 65% on strong demand for the Nook product line. The sales for the Nook rose  140%, with the company stating that it believes sales will double this year f to [Full Story…]

Liberty Media Invests $204 Million into Barnes & Noble

Liberty Media Invests $204 Million into Barnes & Noble

Liberty Media announced that it has invested $204 million in Barnes & Noble, namely because  they believe the company has the potential to be a major competitor in the digital arena.  Liberty Media purchased about 16.6% of B & N's company's stocks at $17 per share. Greg Maffei, Liberty [Full Story…]

Barnes & Noble Looks to Digital to Stem Losses

Barnes & Noble Looks to Digital to Stem Losses

Barnes & Noble recently announced a larger than expected loss for the last quarter ($59 million) which was attributed to competition from bankruptcy sales by Borders and investment in digital technology. While the company credits its digital initiatives for its 65% year over year sales growth, [Full Story…]

Liberty Media Chairman Explains Bid on Barnes & Noble (#Nook)

Liberty Media Chairman Explains Bid on Barnes & Noble (#Nook)

Liberty Media chairman John Malone explained his company's decision to bid on NY-based Barnes & Noble in a recent interview featured on Adweek.  Malone said Barnes & Noble shares are undervalued, as Sirius XM's shares were before Liberty acquired a 40 percent stake in exchange for a $530 [Full Story…]

Crain’s: The Numbers Behind a Tech Bubble

Crain's: The Numbers Behind a Tech Bubble

Greg David of Crain's New York Business analyzed the numbers of recent media valuations to establish whether or not we are in a tech bubble. The fears come mainly after a LinkedIn IPO valued the company at almost $9 billion. However, the article looks at other NY companies such as Gilt Groupe and [Full Story…]

Liberty Media To Buy Barnes & Noble For Nook?

Liberty Media To Buy Barnes & Noble For Nook?

Liberty Media, owner of DirecTV Group and the QVC shopping channel, has its eyes on purchasing the NY based Barnes & Noble chain specifically for its Nook e-reader. The Nook is now the second largest seller of e-books behind Amazon, and with the backing of Liberty, could position itself to [Full Story…]