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Barnes & Noble CEO Resigns
Business Insider ^ | 07/08/2013 | Steve Kovach

Posted on 07/08/2013 7:44:05 PM PDT by SeekAndFind

Barnes & Noble CEO William Lynch has resigned. His resignation is effective immediately. Michael Huseby will now be the CEO of NOOK Media and president of Barnes & Noble. Allen Lindstrom has been promoted and will serve as the company's new CFO.

The news isn't a huge surprise.

Barnes & Noble has largely failed to adapt to the growing tablet and e-reader market. And although its Android-based Nook tablets have received decent reviews, they haven't been selling very well.

In May, Barnes & Noble made a quiet admission that its Nook tablets weren't selling as well as it had hoped when it added Google's Play store for apps and other content. That means users are no longer incetivized to purchase digital content like books and movies from Barnes & Noble. It also means Nook owners were likely frustrated by Barnes & Noble's dim app selection for the tablet.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: barnesnoble; ceo; resignation
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1 posted on 07/08/2013 7:44:05 PM PDT by SeekAndFind
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To: SeekAndFind

He booked it on outta there???


2 posted on 07/08/2013 7:45:21 PM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: SeekAndFind

Why doesnt he just blame his political enemies? You mean to tell me that in the private sector people are responsible for their mistakes?


3 posted on 07/08/2013 7:47:25 PM PDT by untenured
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To: SeekAndFind

Maybe they should launch a family-values campaign, since Amazon (Kindle) their direct competitor has Pro-Homosexual agenda ads on TV now.


4 posted on 07/08/2013 7:49:34 PM PDT by Greetings_Puny_Humans
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To: untenured

Time and chance happeneth to them all.

Truer words were never written.


5 posted on 07/08/2013 7:51:01 PM PDT by dr_lew
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To: SeekAndFind

I hope they lose their ass. Nowhere do you see more “O” stickers than at a B&N.


6 posted on 07/08/2013 7:51:20 PM PDT by albie
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To: Vendome

At one time I shopped at B & N but then they started putting all conservative writers books in some obscure corner, or in fiction and it seemed to be a nationally accepted practice by the company.

So now all on line


7 posted on 07/08/2013 7:51:39 PM PDT by DanielRedfoot (Creepy Ass Cracker)
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To: SeekAndFind

I can’t play their ebooks on my Kindle Fire, so I buy from Amazon instead. This is like the VHS-Beta wars of the 80’s.


8 posted on 07/08/2013 7:52:07 PM PDT by Ciexyz
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To: SeekAndFind

Too bad because the Nook HD+ is really a great product. Beautiful high resolution screen. I also have the Samsung Galaxy Note 8 which is also nice but I like the Nook HD+ better even though it was about 40% of the price of the Note. I’m considering putting the Note up on Ebay.


9 posted on 07/08/2013 7:56:57 PM PDT by willk
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To: Ciexyz

They led the way with the Nook, but they didn’t keep up. Both of my Nooks have had issues with the e-ink screen getting small places that quit working. Their website search engine and book recommendations compared to Amazon’s is terrible. I recently gave up on them and my Nook device, and downloaded the Kindle app to my iPad.


10 posted on 07/08/2013 7:57:26 PM PDT by OrangeDaisy
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To: SeekAndFind
Somebody wasn't paying attention to the business model. You don't need a Kindle to read Kindle books. If you have a computer available (and how would you shop at Amazon if you don't?) you can have a free virtual Kindle online or download a free Kindle app to your phone. It isn't the hardware. It's the ubiquity.

Amazon nearly lost the whole enchilada, though, when they deleted a book from their customers' Kindles without asking. It was apparently a legitimate rights issue, but they handled it like ham-handed amateurs. It was, ironically, Orwell's 1984. They've sworn it will never happen again, but it serves to remind us that it isn't a good idea to place your entire library in the hands of people who can delete it, or be forced to delete it, at the touch of a key.

11 posted on 07/08/2013 7:58:58 PM PDT by Billthedrill
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To: Ciexyz
"I can’t play their ebooks on my Kindle Fire, so I buy from Amazon instead. This is like the VHS-Beta wars of the 80’s."

I use Calibre which lets me convert just about any ebook format to mobi (Kindle format) and its free!

12 posted on 07/08/2013 8:01:27 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: willk

I’ve had my Nook for quite a while, and I love it! I also like the Barnes and Noble Store here in my town, and have seen no evidence of some of the complaints listed in this thread.

I do live in a very conservative community, however, and that might be the difference.


13 posted on 07/08/2013 8:04:14 PM PDT by basil (2ASisters.org)
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To: SeekAndFind
Not surprising.Judging from the testimony of Miss Slim Jeans it would appear that fewer and fewer Americans can read or write.
14 posted on 07/08/2013 8:10:20 PM PDT by Gay State Conservative (The Civil Servants Are No Longer Servants...Or Civil.)
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To: Billthedrill

This is scary. Print no more books, then electronically zap the ones people downloaded. Instant Dark Ages.


15 posted on 07/08/2013 8:11:09 PM PDT by informavoracious (We're being "punished" with Stanley Ann's baby. Obamacare: shovel-ready healthcare.)
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To: Gay State Conservative

But the prints on the screen are not written in cursive are they?


16 posted on 07/08/2013 8:11:28 PM PDT by SeekAndFind
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To: Vendome
"He booked it on outta there???"

Don't judge him by his cover. He probably just thought it was time to turn a new page in his career.

17 posted on 07/08/2013 8:12:26 PM PDT by Joe 6-pack (Qui me amat, amat et canem meum.)
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To: DanielRedfoot
Amazon is a lefty organization, too but they don't seem to care who wrote a book, they'll sell it to you. The color of money is the thing that matters to amazon.

CC

18 posted on 07/08/2013 8:13:34 PM PDT by Celtic Conservative (tease not the dragon for thou art crunchy when roasted and taste good with ketchup)
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To: informavoracious
Worse even when you consider there is no independent backup permissible at the moment. It's an anti-piracy measure, but it also poses a tremendous vulnerability for the user. It's wonderful that if you destroy your physical Kindle, your entire library is intact and in their hands and you can download it again for free because you've already paid for it. So long as they allow it. And that's the problem.

Mind you, I love my Kindle, and my relations with Amazon customer support have been uniformly excellent. But they hold the keys - that's what you agree to when you read their terms of service. So anything I really care about, I have a dead-tree version.

19 posted on 07/08/2013 8:17:56 PM PDT by Billthedrill
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To: SeekAndFind; a fool in paradise
Insiders say Mr Lynch is going under cover for the remainder of his illustrated career.
20 posted on 07/08/2013 8:18:33 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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