Barnes & Noble says it won't stock Amazon titles

Advertisement
By Associated Press | Updated: 5 June 2012 01:09 IST
Highlights
  • Barnes & Noble is attempting to irk its publishing rival Amazon.com Inc. by not stocking Amazon published titles in its stores.
Barnes & Noble is attempting to irk its publishing rival Amazon.com Inc. by not stocking Amazon published titles in its stores.

The largest U.S. traditional bookseller has lost customers to cheaper online rivals like Amazon.com and discount stores. To fight back, it has invested heavily in an e-bookstore and Nook e-book readers, which compete with Amazon's Kindle e-readers.

Amazon, meanwhile, has been steadily expanding its publishing operations, signing exclusive deals with authors such as filmmaker-actress Penny Marshall and best-selling self-help author Timothy Ferris. It also recently started an imprint for science fiction, fantasy and horror.

Publishers and booksellers have been worried about Amazon's dual roles as client and competitor. Some bookstores have expressed strong reservations about selling books released by Amazon.

On Tuesday, New York-based Barnes & Noble said outright it wouldn't sell the titles.

Barnes & Noble Chief Merchandising Officer Jaime Carey said Amazon's exclusive deals with publishers, agents and the authors they represent have hindered Barnes & Noble's ability to offer some e-books to its customers.

"Their actions have undermined the industry as a whole and have prevented millions of customers from having access to content," he said in an emailed statement. "It's clear to us that Amazon has proven they would not be a good publishing partner to Barnes & Noble as they continue to pull content off the market for their own self-interest."

Amazon did not immediately respond to a request for comment. The Seattle-based online retailer on Tuesday reported fourth-quarter results which indicated that its recent fast revenue growth might be moderating. Revenue rose 35 percent to $17.4 billion, but that was nearly a billion short of what analysts had expected. The shortfall was due mainly to a slowdown in Amazon's media business, which includes books, DVDs and content consumed on its Kindle tablet and e-reader devices.

Its shares dropped $19.41, or 10 percent, to $173.03 in morning trading Wednesday. Barnes & Noble stock dipped 7 cents to $12.

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Advertisement

Related Stories

Popular Mobile Brands
  1. ChatGPT Down: Thousands of Users Report Issues Accessing the AI Chatbot
  2. Amazon Great Indian Festival Sale: Deals on Smartphones, Laptops Teased
  3. iPhone 17 Pro Max Redesigned Camera Module, Foldable iPhone Timeline Leaked
  4. OnePlus 15 Listed on Certification Site With 120W Fast Charging Support
  5. Samsung Galaxy S25 FE Accessories Leaked Ahead of September 4 Launch
  6. Redmi 15 5G, Note 14 Pro Prices Dropped During Diwali With Xiaomi Sale
  7. A Hidden Mantle "Sandwich" May Be What Really Holds Up the Himalayas
  8. Apple Rolls Out iOS 26 Beta 9 for iPhone Ahead of iPhone 17 Launch
  9. Motorola Edge 60 Neo Key Specifications Tipped Ahead of Imminent Launch
  10. YouTube Reportedly Cracks Down on Premium Family Plan Sharing
  1. Motorola Edge 60 Neo Key Specifications Tipped Ahead of Imminent Launch
  2. Google Home Devices Confirmed to Get Gemini AI Integration Soon; Company Reveals Release Timeline
  3. ChatGPT Down: Thousands of Users Report Issues Accessing the AI Chatbot, OpenAI Responds
  4. Bitcoin Holds Near 110,800 as ETF Inflows and Rate-Cut Steadies Market
  5. Take-Two Came Close to Buying Cancelled Perfect Dark Reboot From Xbox Before Talks Collapsed: Report
  6. iPhone 17 Pro Max Seen in Leaked Video With Redesigned Camera Module; Analyst Says Foldable iPhone to Launch in 2026
  7. OnePlus 15 Listed on a Certification Website, Likely to Support 120W Fast Charging: Report
  8. Google NotebookLM Gets Four New Audio Overviews Formats With New AI Voices
  9. Oppo A5i Pro 5G Launched With 6,000mAh Battery, 50-Megapixel Primary Camera: Price, Specifications
  10. Call of Duty Film Adaptation in the Works as Paramount and Activision Announce Deal
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.