Barnes & Noble has been getting a lot of press lately over the departure of several senior managers of Nook Media, but it turns out that the 3 names previously mentioned in the press are only the tip of the iceberg.
In addition to Jamie Iannone, Jim Hilt, and Bill Saperstein, all of whom plan to leave or have left, I have also learned that Nook Media has also lost a couple other senior managers.
My source, who is one of the many engineers that left Nook Media in the back half of 2013, has told me that Nook Media CTO Ravi Gopalakrishnan no longer works for the company. I was also told that Avi Golan
Nolan, the head of Nook Press, was booted some time back. If these reports are true then Nook Media is seeing more than just the normal level of reshuffling; people are jumping ship or being made redundant right and left.
This would arguably be a sign that the company is going down and the smart people jumping ship; it’s certainly not a sign that these ex-managers and ex-employees have any confidence in the long term survival of Nook Media.
At this point a sale is probably out of the question (it would have happened by now), so we could be looking at either worst case scenario that Nook Media will be shut down, but the more likely scenario is that it will be allowed to wither on the vine.
Unfortunately I have been unable to confirm either story because B&N has declined to comment on this story. I have also been unable to confirm that Avi Golan
Nolan is or was the head of Nook Press, though that position does appear to be available. Also, Ravi Gopalakrishnan’s LinkedIn profile still shows him as the CTO of Nook Media, which would tend to prove my source wrong.
At this point all I have is an unconfirmed (and undenied) report that these senior managers are no longer with Nook Media. Should I get confirmation (or a denial) I will update this post.