In March 2014, Microsoft and B&N announced they were redoing their agreement. Under the terms announced then, Nook Media was allowed to discontinue distributing the Nook Windows app and to cease work on its Windows Phone app. At that point, there seemingly was a replacement app coming for the Nook Windows app coming, which was confusingly named "Microsoft Consumer Reader."
But no new Windows or Windows Phone e-reading application ever materialized. My sources said recently that Microsoft is most likely going to bow out of the e-reading space (at least for now). No Windows-based Nook e-reader or tablet ever materialized, either. Instead, Samsung ended up building an Android-based Samsung Galaxy Tab Nook line.
"As the respective business strategies of each company evolved, we mutually agreed that it made sense to terminate the agreement," a Microsoft spokesperson said.
B&N announced yesterday that its Nook digital content, devices and accessories had revenues of $64 million for its second FY 2015 quarter, which was down 41.3 percent from the year-ago quarter.