Barnes and Noble (NYSE:BKS) bitch slapped Amazon (Nasdaq:AMZN) by declaring they will no longer sell Amazon published books. Does Amazon care that it just got bitch slapped? Did it even notice? Did a young intern go rushing into Jeff Bezos‘ office with the news?
Following a Reg FD strategy will Amazon issue a press release declaring this to be a material event? I think not. Barnes and Noble is attempting to spin-off the Nook to supposedly unlock value. This means they need to distance themselves from Amazon. This also means Barnes and Noble investors may get screwed as the value of Nook leaves the house.
It also means that if as and when Barnes and Noble goes chapter 11, Amazon will be able to say Barnes and Noble played their own games. Observers following the publishing wars may declare this to be the tipping point. Readers, authors and investors may just give up on Barnes and Noble and let them sink away.
At the same time to put perspective into perspective Amazon reports lower earnings because of huge investment in infrastructure. Something Barnes and Noble could not possibly do.
George Gutowski writes from a caveat emptor perspective.
- Barnes & Noble: We Will Not Carry Amazon Publishing Titles In Our Stores (paidcontent.org)
- Tablet Wars: Barnes & Noble vs. Amazon (wire.kapitall.com)
- Barnes & Noble won’t stock books by Amazon anymore (laobserved.com)
- Barnes & Noble shuns Amazon books (seattlepi.com)