(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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Rebecca Servadio at London Literary Scouting has been appointed UK literary scout for Piper Verlag and Berlin Verlag in Germany following the retirement of Heather Schiller. Continue reading at The Bookseller
[ The Bookseller | 2021-10-08 05:13:56 UTC ]
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Toby Hopkins has been appointed director of content licensing at DK as the publishing house develops plans to grow B2B sales in the digital space. Continue reading at The Bookseller
[ The Bookseller | 2021-09-17 22:51:13 UTC ]
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Jo Hanks has been appointed as the new publisher at Quarto Children's Books, the list for children's illustrated non-fiction. Continue reading at The Bookseller
[ The Bookseller | 2021-09-08 02:44:40 UTC ]
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In the run-up to COP26, the Springer Nature Group creates a Climate Action Officer position as it works with the SDG Publishers Compact. The post Springer Nature Appoints a ‘Climate Action Officer’ for Sustainability appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-08-24 14:16:55 UTC ]
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Bonnier Books UK has appointed Rob Power to head marketing and publicity for its children's and YA trade division. Continue reading at The Bookseller
[ The Bookseller | 2021-07-10 01:13:24 UTC ]
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Phyllis Mandel, retired senior v-p of fulfillment at Bantam, BDD, and Penguin Random House distribution facilities, died on May 20 in Cape Cod—the day after her 75th birthday. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-24 04:00:00 UTC ]
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Paul Von Drasek, who worked in the sales departments at a number of publishing companies over the course of his 40-year career, died on May 16 at age 71. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-05-18 04:00:00 UTC ]
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In a brief order, judge Gregory Woods said the move, which is common in consumer class action cases, will bring "efficiency and economy" to what is "likely to be expensive and complicated litigation." Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-15 04:00:00 UTC ]
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Stina Andersson has been named as the new c.e.o. of Bonnier Group, the parent company of Bonnier Books UK. Continue reading at The Bookseller
[ The Bookseller | 2021-02-19 04:23:46 UTC ]
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Welbeck has appointed Josalyn Moran, formerly of Barnes & Noble, as its director of business development for children's books, North America. Continue reading at The Bookseller
[ The Bookseller | 2021-02-17 17:49:09 UTC ]
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DK has acquired What Would You Do If You Weren’t Afraid? Discover a Life Filled with Purpose and Joy Through the Secrets of Jewish Wisdom, the debut book by leadership development coach Michal Oshman. Continue reading at The Bookseller
[ The Bookseller | 2021-01-24 20:03:13 UTC ]
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Penguin Random House has named David Drake, Scott Shannon, Kara Welsh, and Chris Jackson to new roles with expanded responsibilities, among others. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-14 05:00:00 UTC ]
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Welbeck has appointed Ajda Vucicevic from Mirror Books as editorial director for its narrative non-fiction team. Continue reading at The Bookseller
[ The Bookseller | 2021-01-11 11:38:29 UTC ]
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HarperCollins UK has appointed Maheen Choonara to the newly created role of diversity, inclusion and belonging manager. Continue reading at The Bookseller
[ The Bookseller | 2021-01-10 13:02:45 UTC ]
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Grove Atlantic has created a six-person executive committee to help CEO Morgan Entrekin run the publisher and increased the entry-level salary to $40,000. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-12-15 05:00:00 UTC ]
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The Royal Society of Literature (RSL) has announced RSL 200, a five-year festival launched with a series of new initiatives and 60 appointments promoting and championing the diversity of UK writers. It comes as the charity celebrates its 200th anniversary. Continue reading at The Bookseller
[ The Bookseller | 2020-11-29 14:56:50 UTC ]
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Bologna Children's Book Fair has changed its 2021 dates to 14th–17th June and appointed Jacks Thomas, formerly of the London Book Fair, as guest director of a new general publishing conference. Continue reading at The Bookseller
[ The Bookseller | 2020-11-17 08:09:07 UTC ]
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In a slew of changes to its editorial team, Wildfire Books has appointed Jack Butler from Amazon Publishing as fiction publisher, while publisher Kate Stephenson is leaving to go freelance. Continue reading at The Bookseller
[ The Bookseller | 2020-11-11 09:24:37 UTC ]
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DK has announced plans to accelerate its growth in the education market and the appointment of Hilary Fine to the newly created role of education development director. Continue reading at The Bookseller
[ The Bookseller | 2020-10-14 04:44:13 UTC ]
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