Pearson invests in Barnes & Noble’s e-book

Pearson UK is one of the largest multinational publishing and education companies in the world so when the news hit that they would be investing in an e-reader, debate quickly unfolded.

Pearson has announced that they will invest $89.5 million (£55 million) in return for a 5 per cent share in Nook Media LLC. The move means Pearson will now have a financial stake in Nook Media’s subsidiary parts that include its e-reader and tablet, its online bookstore and the Nook retail stores based in over 650 US college campuses.

Does this spell the end of traditional print textbooks?