If you love book, the $1 billion bid for Barnes and Noble by Liberty Media, parent company of the QVC home shopping channel, is not a good thing.
They have no interest in running bookstores nor in selling books. They want to turn Barnes and Noble into a “media company” (yes, I know – books are a form of media – but you know what I mean), no doubt to hawk their other wares.
This is not about saving America’s largest bookseller chain. It’s about breaking it apart to better sell moisturizer and “simulated diamonds.”
Read more here about their plans to clear out those wasteful bookshelves to make more room for important stuff. Because “[y]ou don’t want the old-fashioned bookstore customer who goes in and sits and reads a book…”