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- Nook Media
Nook Media Valuation, Funding & Investors
Nook Media is valued at $1.8B as of January 2013.
Last Nook Media valuation
$1.8B
Strategic investment · Jan 2013
Last Nook Media funding round
$90M
Strategic investment · Jan 2013
Cumulative funding Nook Media raised
$90M
across 1 funding round
Key investors in Nook Media
About Nook Media
Nook Media is a Barnes & Noble subsidiary focused on e-readers and digital content delivery. Formed in 2012, it produces Nook devices running Android with six-inch E Ink displays for reading, Wi-Fi connectivity, MicroSD slots for storage expansion, and optional user-replaceable batteries. Larger seven-inch and nine-inch color touchscreen variants serve as primary input interfaces. The lineup competes directly with Amazon Kindle, Apple iPad, Google Nexus 7, Kobo, and Sony Reader models. New York-headquartered, Nook Media received equity investments from Microsoft and Pearson to fuel its growth in the e-book market.
Founded
2009
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Valuation
$1.8B (Jan 2013)
Nook Media Valuation
Nook Media is currently valued at $1.8B, based on its strategic investment round in January 2013.
The $90M round was led by Pearson.
Nook Media valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2013 | Strategic investment | $1.8B |
Nook Media Funding History
Nook Media has raised a total of $90M across 1 funding round.
Nook Media funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2013 | Strategic investment | Pearson (lead) | $90M | $1.8B | Nook Media, a subsidiary of Barnes & Noble focused on e-readers, digital reading, and content, received a strategic investment from Pearson in January 2013. Pearson invested $89.5 million in cash for preferred membership interests representing a 5% equity stake at a post-money valuation of approximately $1.789 billion. Post-transaction, Barnes & Noble owned 78.2% and Microsoft held 16.8%, with Pearson having an option for an additional 5%. This followed Microsoft's earlier $300 million investment in October 2012 for a 17.6% stake, valuing Nook Media at $1.7 billion initially. The Pearson deal deepened partnerships for digital reading and learning experiences, including commercial agreements for seamless student experiences. Nook Media encompassed hardware, software, and content, targeting integration with platforms like Windows 8. Financially, Nook Media generated $1.215 billion in total revenue for fiscal year 2012 (ended April 30, 2013), but incurred a $262 million EBITDA loss. Holiday sales in late 2012/early 2013 fell short of expectations, signaling challenges ahead for the Nook business. By mid-2013, reports emerged of Microsoft considering acquiring Nook Media for $1 billion, below prior valuations amid declining performance. The investment supported Nook's competition in the e-book market against players like Amazon, emphasizing growth through partnerships. However, ongoing losses and strategic shifts, including Barnes & Noble founder Leonard Riggio's proposal to buy back the retail arm, highlighted pressures on the digital division. |
Who has invested in Nook Media?
1 investor has backed Nook Media across its funding rounds, including Pearson.
Lead investors include Pearson.
Nook Media Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Nook Media investors. Start Free Trial | ||||
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Start Free TrialNook Media Competitors
Nook Media competitors include listed companies like Kadokawa and Kakao, and private ones like RIDI, Kuaikan Manhua, NewsBreak and Red Ventures.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $157M | - | $1.3B | 8.3x | ||
| Private | $50M | - | $1.3B | 25.0x | ||
| Private | - | - | $1.1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $1.8B | $136M | $3.5B | 1.6x | ||
| Publicly listed | $5.9B | $1.1B | $11B | 0.9x |
Nook Media Public Comps
Nook Media is still privately-owned, but its public comps include Sanoma, China Publishing & Media, Visual China Group, Xinhua Winshare, Opera, Xinhuanet, Louis Hachette, Ziff Davis, Anhui Xinhua Media and Ireader.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.5B | $293M | 1.2x | 1.2x | 6.4x | 4.2x | |||
| $795M | $129M | 1.5x | 1.5x | 9.2x | 11.4x | |||
| $116M | $21M | 13.9x | 14.6x | 75.6x | 38.9x | |||
| $1.7B | $248M | 0.4x | 0.4x | 2.9x | 3.4x | |||
| $615M | $141M | 2.4x | 2.1x | 10.5x | 9.2x | |||
| $333M | $66M | 4.9x | 5.0x | 24.8x | 26.9x | |||
| $11B | $1.6B | 0.7x | 0.7x | 5.0x | 5.2x | |||
| $1.5B | $335M | 0.9x | 1.0x | 3.8x | 3.3x | |||
This data is available for Pro users. Sign up to see all Nook Media competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Nook Media
| When was Nook Media founded? | Nook Media was founded in 2009. |
| Where is Nook Media headquartered? | Nook Media is headquartered in New York City, NY, United States. |
| Is Nook Media publicly listed? | No, Nook Media is a private, VC-backed company. |
| What is Nook Media's valuation? | Nook Media was last valued at $1.8B in its strategic investment round in January 2013. |
| How much funding has Nook Media raised? | Nook Media has raised $90M across 1 funding round. |
| What was Nook Media's last funding round? | Nook Media's last funding round was a $90M strategic investment round in January 2013, led by Pearson. |
| Who are Nook Media's investors? | Nook Media's investors include Pearson. |
| Which companies are comparable to Nook Media? | Companies comparable to Nook Media include RIDI, Kuaikan Manhua, NewsBreak, Red Ventures, Kadokawa and Kakao. |
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