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Non-Tech : Barnes & Noble (BKS)
BKS 6.4900.0%Aug 19 5:00 PM EST

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To: Wally Mastroly who wrote (1588)11/2/1999 8:48:00 AM
From: Wally Mastroly  Read Replies (2) of 1691
 
Barnes & Noble Invests in iUniverse.com ....

Barnes & Noble, World's Largest Bookseller, Invests in iUniverse.com, Poised to be One of the World's Largest Publishers

Partnership Sets Plans To Liberate Publishing

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NEW YORK--(BUSINESS WIRE)--Nov. 2, 1999-- Writers Published Instantly, Earn Higher Royalties, and Books Never Out-of-Print

Barnes & Noble, Inc. today announced it has acquired a 49 percent ownership interest in iUniverse.com, the world's largest publishing portal. It is the company's first major investment in a book publishing venture. The relationship will open a new era of opportunity for new writers who can now have their books published within 30 days and earn higher royalties, and for out-of-print authors who will see their books returned to print forever.

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More details:

biz.yahoo.com
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