US books retailer Barnes & Noble reported revenues of USD 192 million for its Nook digital operations in the fiscal first quarter ended 28 July. Revenues were little changed compared to a year ago, as digital content sales increased 46 percent and device sales declined due to lower average selling prices and production scaling issues concerning the newly launched GlowLight product. Nook's EBITDA losses increased by USD 6 million, going from a loss of USD 51 million to a loss of USD 57 million. B&N said it was still in talks with Microsoft on setting up a new company to group the digital activities, including Nook and the retailer's College businesses. The company expects the sale of a stake in the digital business to Microsoft to close this autumn.
