(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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Welbeck has appointed Bonnier Books UK’s Oliver Holden-Rea as senior commissioning editor, working on a new narrative non-fiction list. Continue reading at The Bookseller
[ The Bookseller | 2020-02-27 12:25:23 UTC ]
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Pan Mac has appointed Philip Gwyn Jones as Picador’s new publisher following Paul Baggaley’s move to Bloomsbury. Continue reading at The Bookseller
[ The Bookseller | 2020-02-26 04:34:01 UTC ]
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Arrow deputy publisher Emily Griffin has been promoted to publishing director of the imprint and will also join the Cornerstone executive team. Continue reading at The Bookseller
[ The Bookseller | 2020-02-24 11:51:58 UTC ]
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Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge Continue reading at Editor & Publisher
[ Editor & Publisher | 2020-02-19 18:55:53 UTC ]
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Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, and navigates the ongoing shift to online media Continue reading at ABC News
[ ABC News | 2020-02-03 23:48:57 UTC ]
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Annette Thomas will take up role at Guardian and Observer parent company in MarchThe former head of one of the world’s largest specialist publishers has been appointed as the new chief executive of Guardian Media Group with a mission to ensure the business can continue to support “world-class... Continue reading at The Guardian
[ The Guardian | 2020-01-14 10:32:25 UTC ]
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Annette Thomas has been appointed as the Guardian Media Group's (GMG) new chief executive. Continue reading at The Bookseller
[ The Bookseller | 2020-01-14 05:08:54 UTC ]
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Hannah Harlow, executive director of marketing of general interest books at Houghton Mifflin Harcourt, has bought the Book Shop of Beverly Farms in Beverly, Mass., together with her brother. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-14 05:00:00 UTC ]
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Barnes & Noble Education hired Morgan Stanley to serve as its financial adviser as it looks for ways to increase shareholder value in a fast-changing college material market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-09 05:00:00 UTC ]
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[caption id="attachment_175627" align="alignright" width="150"] Kristen O'Hara[/caption] Hearst Magazines has named Kristen O’Hara senior vice president and chief business officer, a new position created as part of a succession plan for longtime president, marketing and publishing director,... Continue reading at Folio Magazine
[ Folio Magazine | 2019-12-19 19:09:52 UTC ]
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Strong will step in while a permanent replacement is sought for Register of Copyrights Karyn Temple, who announced last week that she is leaving the Copyright Office to accept a new position at the Motion Picture Association. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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Hearst Magazines announced today that former WarnerMedia and Snap executive Kristen O'Hara will be assuming the role of svp and chief business officer, effective Jan. 6. In the newly created position, O'Hara will oversee U.S. advertising sales and marketing for Hearst brands, as well as... Continue reading at AdWeek
[ AdWeek | 2019-12-17 17:58:13 UTC ]
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Audible founder Don Katz will turn over the position of CEO to former IDG and Dun & Bradstreet executive Bob Carrigan on January 2. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-17 05:00:00 UTC ]
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Doyel Maitra has been appointed Clare Harington’s replacement as Hachette UK’s new group communications director from March 2020. Continue reading at The Bookseller
[ The Bookseller | 2019-11-21 16:56:32 UTC ]
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Katharine Viner congratulates ‘wonderful’ arts writer who is already a vital contributor to the paperArifa Akbar has been appointed as the Guardian’s chief theatre critic. Akbar, who will take up the role in the new year, said she was “honoured, utterly thrilled and immensely excited” by the... Continue reading at The Guardian
[ The Guardian | 2019-11-08 10:52:21 UTC ]
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On Tuesday the business information company Questex announced Patrick Nohilly as its new chief financial officer, to work out of its New York headquarters. Nohilly succeeds Debra Mason, who left in September to take on the CFO role at SourceMedia. Nohilly most recently served as president and... Continue reading at Folio Magazine
[ Folio Magazine | 2019-10-31 22:05:02 UTC ]
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Day two of the Folio: Show opened with another panel of industry veterans sharing insights on leveraging content for revenue, moderated by Christa Carone, president of Group Nine Media. Eric Schurenberg, CEO of Mansueto Ventures, the parent company of Inc. and Fast Company, shared intel on how... Continue reading at Folio Magazine
[ Folio Magazine | 2019-10-31 21:34:33 UTC ]
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Stormzy’s Penguin Random House imprint is set to expand, with Lemara Lindsay-Prince appointed to the newly created role of commissioning editor for #Merky Books. Continue reading at The Bookseller
[ The Bookseller | 2019-10-25 01:15:20 UTC ]
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Chantal Noel has been appointed group rights director for Penguin Random House UK, after 11 years as rights director for Penguin. Continue reading at The Bookseller
[ The Bookseller | 2019-10-23 20:57:31 UTC ]
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Ex-Pan Mac c.e.o. Richard Charkin has joined private capital and mergers and acquisition specialists Trillium Partners as a senior advisor. Continue reading at The Bookseller
[ The Bookseller | 2019-10-09 20:33:04 UTC ]
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