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HMV Under Fire From Investors Over Waterstone Performance

Posted at 11:00AM Monday 30 Aug 2010

Rebel shareholders have opened fire on music shops chain HMV over its management of Waterstone's, Britain's largest books retailer. Investors want HMV chief executive Simon Fox to sell the book business if a turnaround strategy unveiled in March fails to boost returns by this time in 2011.

Guardian




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Blue Peter Seeks Best Children's Book Of Last Decade
www.bbc.co.uk

Harry Potter and the Order of the Phoenix, and Theodore Boone are among the books vying for the title

Random House Will Raise Library E-book Prices, But Commits To E-book Lending
www.publishersweekly.com

Random House officials said the "terms of sale" for Random House e-books to libraries will change

Tulisa Signs Three-book Deal For Tell-all Memoir
www.glamourmagazine.co.uk

Fierce bidding war, apparently

BEA Adds Children's Day
www.publishersweekly.com

Reed Exhibitions and the American Booksellers Association have made a number of tweaks

Children Lap Up Storytelling Session At New Selfridges Library
www.thisislondon.co.uk

Schooldchildren from across London are being invited to Selfridges - not to shop, but for reading lessons with a difference

Waterstones Ends Unpaid Work Placements After Investigation
www.guardian.co.uk

Waterstones stops using unpaid jobseekers, as government rejects claim scheme is contrary to Human Rights Act

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