The Wall Street Journal reported the other day that Barnes and Noble has put itself up for sale.
Barnes & Noble Inc., put itself up for sale Tuesday, succumbing to pressure from shareholder activists as digital books erode the traditional business of the nation’s largest bookstore chain.
The New York-based company said a falling stock prompted its board to consider all “strategic alternatives, including a possible sale.”
Read the full article here at the Wall Street Journal on-line.
This is just another book-happening that has me asking – What does this and other activity in the book world mean for me – the book reader? I like the feel and tradition of the book in my hand – whether hard cover or paper back. I’m reluctant to turn to the kindle for my “reading pleasure” although my friend Cliff assures me I’d be happy with this new technology. While I might mourn the loss of the “bookstore” – for the most part I get my books at the public library. I borrow from the vast treasures of the Merrimack Valley Consortium of libraries. Will the traditional give way or be lost to the kindle, the i-pad or the Nook? What of the authors? the writers who feed my need to read… how are they affected? While not wanting to be cast as a luddite, I hope I can continue in my traditional reading ways with lots of titles and genres to choose from… hold a book in my hand as I enjoy my back porch and glass of ice tea… just lost in the world of murder, mayhem and mystery. BTW, I’m off soon to the Pollard Memorial Library in Lowell – adventures await! Support your public library!