Barnes & Noble buys majority stake in enews

Barnes & Noble.com and Barnes & Noble Inc. have increased their investment in enews, one of the largest retailers of magazine subscriptions on the Internet, to become majority owners. Enews has subscriptions for more than 100,000 consumer and specialty magazines, newsletters and newspapers, and has powered Barnes & Noble.com’s magazine stores since March 1998. By buying a majority stake in enews, Barnes & Noble will facilitate the incorporation of magazine subscriptions into its 569 superstores. The companies also plan to launch a pilot program to offer subscriptions to college students through Barnes & Noble’s 400 college bookstores.