BBC faces damning criticism over £100m DMI fiasco in NAO report

• BBC admits it 'got this one wrong'• Executive board 'applied insufficient scrutiny'• 'Governance arrangements … were inadequate'Read the NAO report on the BBC's handling of the DMI projectThe BBC's handling of the £100m Digital Media Initiative fiasco has come in for further criticism, with a catalogue of errors uncovered by a National Audit Office report which delivered a damning verdict on Mark Thompson and Lord Patten's handling of the IT project.The NAO report published on Tuesday said the BBC executive board, led by then director general Thompson, had paid insufficient scrutiny to the failing IT project over an 18-month period and the BBC Trust, chaired by Patten, had not done enough to challenge it.According to the NAO, the BBC was "too optimistic" about its ability to complete the project after it took it in-house from contractor Siemens in 2009, with reporting arrangements "not fit for purpose" and no single manager made responsible for the entire venture. DMI was eventually scrapped in May 2013, at a cost of £98.4m to licence fee payers.The executive at the centre of the DMI initiative, chief technology officer John Linwood, left the BBC in July last year when his contract was terminated without a payoff, the corporation confirmed last week.The project – which was supposed to do away with the need for videotapes across the BBC and use digital technology to call up archive footage - was scrapped just a month into director general Tony Hall's tenure in 2013, with... Continue reading at 'The Guardian'

[ The Guardian | 2014-01-28 00:00:00 UTC ]
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B&N Reports $124M First Quarter Loss; Riggio Stands Pat

B&N chair Len Riggio is not buying the B&N retail business—at least not yet. B&N reported a fiscal 2014 first quarter consolidated loss of $87 million, up from the $40 million loss reported for the same period in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-20 00:00:00 UTC ]
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Hastings Reports $4.1M Second Quarter Loss

Multimedia retailer Hastings Entertainment reported a net loss of approximately $4.1 million for the three month period ending July 31, 2013, an increase over the same period in 2012. Comparable store results for books at Hastings are also down 14.9% from the same period in 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-19 00:00:00 UTC ]
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Reports of Barnes & Noble’s Death Are Greatly Exaggerated

B&N is being eulogized as a 'dead man walking,' but the company still has a firm foundation, including the Nook, and will be with us as long as we still have print. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-08-19 00:00:00 UTC ]
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Apple faces ebook clamp down

US regulators have called for Apple to be forced to cancel certain ebook contracts with major publishers. Continue reading at BBC World

[ BBC World | 2013-08-02 00:00:00 UTC ]
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Polish Publishers Face Sales Slump, Propose Fixed-Pricing, Fight Piracy

Challenged by shrinking sales and online piracy, Poland’s publishing industry aims to mitigate losses with more stringent price regulation, reports Jaroslaw Adamowski. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-07-31 00:00:00 UTC ]
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Barnes & Noble reports it overstated losses in past years

Barnes & Noble says it lost less money than it previously reported during the past two years. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-31 00:00:00 UTC ]
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Instagram reportedly blocking images uploaded through some third-party apps

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[ Engadget | 2013-07-30 00:00:00 UTC ]
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London Market Report

The FTSE 100 falls, but shares in publishing group Pearson jump 9% after its latest results. Continue reading at BBC News

[ BBC News | 2013-07-26 00:00:00 UTC ]
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T&H buys story of The Face

Jamie Camplin at Thames & Hudson has acquired world rights in Legacy: The Story of The Face... Continue reading at The Bookseller

[ The Bookseller | 2013-07-18 00:00:00 UTC ]
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Apple Loses E-Book Price Lawsuit, Faces Damages

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[ Fast Company | 2013-07-10 00:00:00 UTC ]
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Barnes & Noble CEO steps down following dismal financial reports

Barnes & Noble CEO William Lynch resigned after the company reported disappointing fourth-quarter numbers. The bookstore chain also recently announced that it's seeking another company with which to produce the B&N Nook tablet devices. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-07-10 00:00:00 UTC ]
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Facebook leaning on Samsung for mobile partnership, report says

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[ Los Angeles Times | 2013-07-06 00:00:00 UTC ]
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Libraries must 'face reality', warns Ashley

Libraries must adapt to the realities facing them in a "complex" landscape, Brian... Continue reading at The Bookseller

[ The Bookseller | 2013-07-01 00:00:00 UTC ]
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Author faced 'hostility' over book

Author Ros Barber recalls the early hostile reaction she received for her award-winning debut novel in which playwright Christopher Marlowe is credited as the true author of Shakespeare's plays. Continue reading at BBC News

[ BBC News | 2013-06-28 00:00:00 UTC ]
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Prague Fair Report: Solidarity with Slovakia, VAT Hike, Amazon is Coming

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[ Publishing Perspectives | 2013-06-26 00:00:00 UTC ]
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Facebook to clone Flipboard next, report says

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[ Los Angeles Times | 2013-06-24 00:00:00 UTC ]
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Russian Government Targets $100m at Book Industry in Crisis

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[ Publishing Perspectives | 2013-06-10 00:00:00 UTC ]
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Facing Challenges, Mexico Commits to Digital Publishing Push

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[ Publishing Perspectives | 2013-06-06 00:00:00 UTC ]
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Ofqual's Pearson report delayed

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[ The Bookseller | 2013-06-06 00:00:00 UTC ]
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UK publishers report 'good business' at BEA

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[ The Bookseller | 2013-06-04 00:00:00 UTC ]
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