Following the Thursday announcement that Nook will sell co-branded Samsung tablets through Barnes & Noble, the bookseller indicated in an SEC filing they have made a “minimum purchase commitment during the first twelve months…of 1 million devices.” If “certain sales thresholds” are not met by December 31, that term is extended to 15 months. Samsung has also “agreed to fund a marketing fund,” and the overall commercial agreement between the two parties last for two years. Barnes & Noble ceo Mike Huseby has a lengthy phone interview posted with Geekwire. “It’s important to understand these are co-branded devices,” he says. “They’re customized […]
