Another suitor for B&N is said to be Microsoft who already owns 17.6%. If we are speculating, I wonder if Pearson has the money to buy Barnes & Noble. Or maybe the combined company of Random + Penguin. That would really shake things up.
Company spokeswoman Erin Crum told The Times-Tribune in November that the “industry is changing” and shifting to a more digital format.”
However, Harlequin’s forecast seems a lot more positive so maybe the company is getting a handle on the digital change.