Inside the Australian and New Zealand book industry

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Barnes & Noble CEO resigns

In the US, Barnes & Noble CEO William Lynch has resigned, effective immediately, and will no longer sit on the board of directors, reports DigitalBookWorld. During Lynch’s three years as CEO the company’s Nook ebook and ereader business was launched, which experienced greater-than-expected losses according to recent fourth-quarter results. However, the company’s bricks-and-mortar businesses have experienced solid profits and growth. Lynch’s...

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Category: International news