For the second time, Barnes & Noble has restructured their agreement to purchase and resell Nook-branded Samsung tablets — with the parties finally admitting the market is much smaller than planned and agreeing to a far more modest goal of selling $10 million worth of units. We had reported discussions on the renegotiation that were mentioned in the bookseller’s March SEC filing. When the partnership was first brokered in 2014, BN agreed to buy at least 1 million devices within a year. An extension gave them until June 30 of this year, but device sales for the bookseller had continued to […]
