Time Warner exec joins Barnes & Noble for Nook e-reader

The book retailer has hired Time Warner's Jonathan Shar to create and handle magazine and newspaper

Shar was previously the senior vice-president and general manager of CNNMoney.com.

He will be the general manager for the company's new Digital Newsstand and Emerging Content Group and set up deals for magazines, newspapers and online news sites to provide regular downloads for the e-reader.

The company is also said to be talking to publications such as the Time, The New York Times and The Wall Street Journal for subscriptions.