Brain Drain at Nook

brain drainSince last summer, Barnes & Noble’s Nook device and ebook retail business has lost a handful of executives who were key in building the company.

CEO William Lynch was shown the door last summer. Jamie Iannone, the director of digital products, left the company in late 2013 for Wal-Mart. Bill Saperstein, vice president for digital products and hardware engineering, left soon after. And Jim Hilt, vice president and general manager for global ebooks, will be gone by February.

There are many things this could mean for the company and many possible reasons for these exits. Here are a few.

F+W Media Bulks up With Crafts Acquisition (DBW)
DBW parent company F+W Media  has struck again with a major acquisition of a large crafts media company. The acquisition of New Track media is set to increase company revenues by 40%, according to CEO David Nussbaum.

New Baker & Taylor CEO (DBW)
The board at one of the largest content distributors in the world has named long-time company executive George Coe as its new CEO.

Makinson Talks Ebooks, Publishing (Times of India)
Penguin Random House chairman John Makinson talks about the merger, authors and Amazon in this short interview.

Related: What Authors Think of Publishers

Quercus Shares Sink (Pub Lunch)
Quercus, the house that Stieg Larsson built with his Girl With the Dragon Tattoo series, saw its stock plummet on much lower than expected trading results in 2013.

Photo Highlights From the Digital Book Awards (DBW)
It was a night to remember with LeVar Burton as the emcee for the Digital Book Awards gala. Complete winners here. Some pictures here. More to come.

Minneapolis Newspaper Diving into Ebook Publishing (Star Tribune)
The Minneapolis Star Tribune published a crowdsourced fiction ebook in the summer of 2013, the fruits of a contest among readers for the best unpublished fiction. The ebook did so well that the company is running another contest for a new ebook.

What It Takes (Pub Perspectives)
Publishing technology veteran Nick Ruffilo shares his insights on publishing, self-publishing and publishing technology now that he’s been on the start-up, author and publishing sides of the equation. One takeaway: Writing is the easy part.

Ebooks Gaining Popularity in Tasmania (The Examiner)
Speak of the devil, ebooks are catching on in popularity in the small Australian island state of Tasmania. There are now more ebooks available there than ever.

CourseSmart to Expand E-Textbooks to Arab World (DBW)
The digital learning start-up has inked a deal with Naseej, a learning company in the Arab world, to sell e-textbooks into that market.

Oyster Update (Talking New Media)
In a recent update to its reading functionality, ebook subscription service has added notes and highlighting.


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