Wednesday, September 20, 2017

Riggio Backs Parneros at B&N Annual Meeting - Publishers Weekly

Today, Panzer was tootling around in the Catosphere, when he heard crying and shouting. Following all the noise took our kitty pilot to the Publishers Weekly site. With no digging at all he found the cause of all the angst in a post about the Barnes and Noble Annual Meeting.

Who are these technology companies?
According to the post by Jim Milliot, Barnes and Noble Chairman Len Riggio started off by expressing his confidence in CEO Demos Parneros. This was followed by the company's plan to have smaller stores. However, the big news for ebook authors from Mr. Riggio was that Nook and ebooks aren't a good fit for Barnes and Noble's future. The company will have "partner technology companies" take care of their digital presence. Barnes and Noble will concentrate on their bricks and mortal stores.

Panzer says, "Hmm ... Not sure what this means for ebook authors. This little kitty makes a lot of ebook sales at Barnes and Noble."

Note: This is a short-medium post. Bring a cup of tea and a muffin for today's reading selection.

To read the post, tootle over to Barnes and Noble Annual Meeting

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