The verdict is out on whether James Daunt’s decision to partner with Amazon to sell e-books in the UK is an act of self-destruction or a brilliant compromise.
Waterstones’ partnership with Amazon to sell e-books took many by surprise. Tell us, was it deranged? An intelligent short-term move? Or something else?
His integrity is intact, but when perception can quickly become reality Daunt now needs to fully embrace the role of cheerleader-in-chief.
In a revealing interview, Waterstones MD James Daunt discusses why Amazon worries him so much, his admiration for Barnes & Noble and the Nook, and much more.
Like Jesus, Waterstone’s MD James Daunt will have to perform a miracle to multiply the magic of his six-strong bookstore chain to feed the masses.
Stellar customer service, a curated list of titles, and intense localization are hallmarks of indie bookstores. Can they work across a large chain?
By Hannah Johnson Waterstone’s parent company HMV announced this morning that it would sell the UK book chain to Russian billionaire Alexander Mamut’s company, A&NN Capital Fund Management, for GBP 53 million. In a surprising move, The Bookseller reports that Waterstone’s current Managing Director Dominic Myers will be replaced by James Daunt to run the bookstore chain after the deal …