Peak demand for electronic books (device) has passed, Barnes & Noble last quarters reports show that the company does not get out of the loss. At the last report conference announced that the company end release of tablets in the home, although going to continue the publication of electronic books. A clear indication that the company's strategy is changing.
From his position as CEO of the company dismissed William Lynch . Appointed in his place Hyusbi Michael , former chief financial officer. Hyusbi also took the position of President and CEO of subsidiary - Nook Media. The new director of Barnes & Noble will report directly to the Chairman of the company and the organizer of the network of its stores - Leonard Ridge . Note Ridge is the largest shareholder of Barnes & Noble and, in fact, is now almost complete power over the fate of the company.
Recall, the founder of the chain stores have reported plans to reorganize the company. According to rumors, Microsoft already has its eye on the division Nook Media - a group for the production of devices for reading on a wide range of platforms.