B&N Begins Another CEO Hunt - Publishers Weekly (PW)

When Panzer went into the Catosphere today, he realized he hadn't been to the Publishers Weekly (PW) site for a while. Our kitty pilot decided this would be a good time to stop in there and do some exploring.  With a little digging he found a post about Barnes and Noble.

According to the post by Jim Milliot, Barnes and Noble has begun searching for a new CEO after the termination of Demios Parneros on July 3. The post opens with the information contained in the original termination announcement. Panzer already told you about the termination when it happened. The press release from Barnes and Noble didn't give an exact reason for the termination and this new Publishers Weekly post doesn't contain any new information about the termination. After the initial section about the termination announcement, the last two-thirds of the post has information from interviews with unnamed publishing executives. The executives are quoted giving their opinions on what they would like the new CEO to have experience with. For example, one executive would like the new CEO to be knowledgeable about books and another would like the new CEO to have company leadership skills.

There must a good CEO somewhere.

Panzer says, "Barnes and Noble sure has a lot of trouble finding the right CEO."

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

To read the post tootle over to Barnes and Noble

To read Panzer's post about Barnes and Noble's CEO firing announcement tootle over to CEO Parneros

Conde Nast & Hearst Divest Themselves of the U.K. Distribution Business, Comag U.K.'s Future Is Uncertain - Publishing Executive

What will happen now?

Today, Panzer was barely into the Catosphere when he heard wailing and crying. Our brave kitty followed the lamentations and found himself at the Publishing Executive site. It didn't take any digging at all to discover the source of all the noise was a post about distribution company Comag U.K.

According to the post by Linda Ruth, Conte Nast and Hearst have withdrawn from Comag U.K. Since these two are the sole owners of Comag, the distribution company's future is unknown. The options would appear to be the sale of the company or shutting it down. Currently, the company is continuing business as usual. Comag is responsible for 23 percent of the U.K. newsstand distribution of U.S. publications.

Panzer says, "Hmm ... How can it be business as usual if there's nobody to run the company?"

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

To read the post tootle over to Comag U.K. Distribution Business

In a Suprise Move, TNG Acquires Ingram Periodicals - Publishing Executive

That was totally unexpected.

Today, Panzer was taking an enjoyable, relaxing trip around the Catosphere. When, suddenly, the Panzermobile was buffeted by a cacophony of crying and howling. Following all the wailing, took our brave kitty boy to the Publishing Executive site. There he found a post about Ingram Periodicals.

According to the post by Linda Ruth, in an unforeseen move North American periodicals distributor TNG bought Ingram Periodicals. Even before the acquisition, TNG was already the largest distributor of periodicals. Smaller publications believe they may become lost in TNG's large distribution organization. There are, however, some advantages for them in the acquisition. Ingram Periodicals delivers periodicals to retail outlets by UPS. TNG has there own delivery trucks and can deliver at specified times. It also appears TNG has a wider distribution system than Ingram Periodicals which will increase sales possibilities. Other details about the acquisition are included in the post.

Panzer says, "Hmm ... With more markets it might be good for the sales of magazines."

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

To read the post, tootle over to Ingram Periodicals