Barnes & Noble (BKS) Announces NOOK Video Offering; Traders Eye Netflix (NFLX)

Barnes & Noble, Inc. (NYSE: BKS) said its new NOOK Video offering will premiere this fall with blockbuster movies, classic films and original TV shows from major studios including HBO, Sony Pictures Home Entertainment, STARZ, Viacom and Warner Bros. Entertainment, plus favorite movies from The Walt Disney Studios. Barnes & Noble, which is one of the country’s leading DVD and Blu-ray Disc™ retailers, will now offer an expansive digital collection of popular films and television shows to be enjoyed anywhere on NOOKs, TVs, tablets and smartphones. Barnes & Noble is also planning to make available content from other leading studios to be announced.

NOTE: Traders are watching Netflix, Inc. (NASDAQ: NFLX) on this news.

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