B&N is Having Money Problems - The Digital Reader

It's not easy being a bookstore right now.

It's been a long time since Panzer has been to The Digital Reader site, so he decided to make a stop there today. With a little digging in the posts at the site he discovered a post about money problems at Barnes and Noble.

According to the post by The Digital Reader site owner Nate Hoffelder, Barnes and Noble earlier this month notified ebook distributors (Draft2Digital, Smashwords, etc.) the company would be late making payments for ebook sales and some distributors would be receiving only partial payments for their sales as well. Speculation is that because all of the Barnes and Noble bookstores are closed for face to face sales due to the Covid-19 pandemic, the company only has ebook sales as revenue to cover its expenses. The post includes links to previous posts and the Smashwords site about Barnes and Noble's late and slow payments.

Panzer says, "Inquiring kitties want to know, if you can still order a paperback (or hardcover) book online and then get it at the nearest Barnes and Noble bookstore (outside now) or did they quit doing that when they closed the stores?"

Note: This is a medium length post. Bring a cup of tea and a muffin for your reading selection. If you plan to follow the other links in the post, bring a second cup of tea and another muffin.

To read the post tootle over to Barnes and Noble