(Bloomberg) - Barnes & Noble Inc. named former cable television executive Michael Huseby chief financial officer as the largest U.S. bookstore chain shifts toward becoming more of a technology company. Mr. Huseby, formerly chief financial officer at Cablevision Systems Corp., will oversee Barnes & Noble's capital structure and help boost its digital business, the New York-based company said Monday in a statement. Mr. Huseby replaces Joseph Lombardi, who resigned in October. Allen Lindstrom had been CFO on an interim basis. While Barnes & Noble operates about 700 retail locations and more than 600 college bookstores, its future growth lies in electronic books. The company started its digital business in 2009 by selling ebooks and releasing the Nook e-reader. The company projects the Nook business to generate $1.5 billion in sales in the fiscal year ending April 30, accounting for about 20% of its total revenue. The retailer sells the second most ebooks in the U.S. after Amazon.com Inc. Barnes & Noble has had to sacrifice profits by spending on developing devices, advertising and building boutiques in stores to showcase the Nook. It posted a net loss of $70.6 million in the 12 months through January. The losses and concern that the retailer won't be able to maintain spending to compete with Amazon and Apple Inc., which sells ebooks through devices such as the iPad, has weighed on shares. Barnes & Noble has declined 7.5% this year through March 9, when it... Continue reading at 'Crains New York'
[ Crains New York | 2012-03-12 00:00:00 UTC ]
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The newly launched Possible conference held in Miami Beach this week focused on the importance of culture in the digital media and marketing ecosystem. Continue reading at Digiday
[ Digiday | 2023-04-20 04:01:00 UTC ]
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Measurement company VideoAmp has hired its first CMO as it works to establish itself as a serious contender in the battle to dominate the space. Top line There's been a vacancy for a lead measurement company since Nielsen lost its accreditation, and VideoAmp is looking to fill the gap. The... Continue reading at AdWeek
[ AdWeek | 2023-03-09 17:32:38 UTC ]
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Mainak Mazumdar joins Fox as its first executive VP, chief advertising research and analytics officer. Continue reading at Advertising Age
[ Advertising Age | 2023-03-07 17:55:42 UTC ]
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As the world book industry gathers in Frankfurt, UK executives share insights on today’s top publishing concerns—chief among them is cost. The post UK Execs: When Business is Booming and So Are the Costs appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2022-10-20 12:25:15 UTC ]
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After a lengthy presentation by Manuel Sansigre, PRH's global v-p for mergers and acquisitions, Judge Florence Pan decided to exclude his testimony, ruling that the data had not been independently verified. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-16 04:00:00 UTC ]
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Measurement was a hot topic of conversation on the Croisette this week amid mounting uncertainty around Nielsen data. Continue reading at Advertising Age
[ Advertising Age | 2022-06-24 14:08:24 UTC ]
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Extremely long wait times being experienced by arriving and departing passengers at Toronto Pearson Airport are likely to continue until Labour Day, a former Air Canada executive said Wednesday. Continue reading at CBC
[ CBC | 2022-06-08 17:55:58 UTC ]
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Viewers have long complained about the early HBO Max app’s tendency to crash, and its lack of discoverability features. There have been a number of overhauls and fixes since then. Now we know why. Turns out that HBO Max launched its apps before they were ready in order to keep up with its... Continue reading at Engadget
[ Engadget | 2022-04-14 23:32:58 UTC ]
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Hannah McMillan has been promoted to director at Midas amid a string of promotions and new hires at the communications agency. Continue reading at The Bookseller
[ The Bookseller | 2022-02-01 04:10:51 UTC ]
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Emma Cowdroy to step down from heading newswire service that was saved from attempted closure by shareholders including News Corp and NineThe former Sydney Morning Herald editor, Lisa Davies, has been appointed as the chief executive of Australian Associated Press.The move comes as Emma Cowdroy... Continue reading at The Guardian
[ The Guardian | 2022-01-20 22:44:00 UTC ]
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Independent academic publisher Boydell & Brewer has appointed Mark Kavanagh as group publishing director. Continue reading at The Bookseller
[ The Bookseller | 2022-01-12 02:18:00 UTC ]
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Tanya Andrews has been appointed to the newly created role of Folio Academy manager for the Rathbones Folio Prize. Continue reading at The Bookseller
[ The Bookseller | 2021-12-15 20:09:41 UTC ]
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Shannon Cullen is leaving Ladybird to join Quarto as group publisher for children's trade. Continue reading at The Bookseller
[ The Bookseller | 2021-12-14 03:27:34 UTC ]
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Substack is starting a "concerted push" to bring more UK based writers to the platform, and has appointed Farrah Storr as a new head of partnerships for the region. Continue reading at The Bookseller
[ The Bookseller | 2021-11-30 08:13:23 UTC ]
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Move comes after former Daily Mail editor pulled out of the running to be next Ofcom chairmanPaul Dacre has returned to the Daily Mail publisher as editor-in-chief of the newspaper’s parent company after pulling out of the running to be the next chair of the media regulator, Ofcom.His... Continue reading at The Guardian
[ The Guardian | 2021-11-22 15:31:03 UTC ]
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Harvill Secker has appointed Katie Ellis-Brown as deputy publishing director for crime, thriller and crossover fiction. Continue reading at The Bookseller
[ The Bookseller | 2021-11-18 18:43:17 UTC ]
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Bonnier Books UK has appointed Little Tiger's Ella Whiddett as editor, where she will be commissioning for the Hot Key Books and Piccadilly Press imprints. Continue reading at The Bookseller
[ The Bookseller | 2021-11-10 11:39:26 UTC ]
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Creative writing charity Arvon has appointed Rachel Long as its first virtual writer in residence for its online programme, Arvon at Home. Continue reading at The Bookseller
[ The Bookseller | 2021-10-26 00:33:48 UTC ]
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Severn House publisher Kate Lyall Grant is joining Joffe Books as publishing director, to be succeeded at Severn House by Joanne Grant. Continue reading at The Bookseller
[ The Bookseller | 2021-10-08 16:06:12 UTC ]
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Murdoch Books has appointed Céline Hughes to the newly created role of UK publisher. Continue reading at The Bookseller
[ The Bookseller | 2021-10-08 12:39:26 UTC ]
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