InvestmentsUS and Canada

Pearson to invest in Nook Media

Pearson Education has invested US$89.5 million in Nook Media, LLC, a subsidiary of Barnes & Noble, Inc. Nook Media is a retailer of content, digital media and educational products. Pearson has taken 5% equity stake in the company, at a post–money valuation of US$1.789 billion, in exchange for preferred membership interests.

The investment is expected to help Nook combine its online distribution and customer service with Pearson’s expertise in online learning — and accelerate customer access to digital content.