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Old 03-05-2009, 09:21 AM   #1
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News flash! Barnes & Noble buys Fictionwise for $15.7 million

TeleRead breaks the news.

It is confirmed by press release.

Wow.
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Old 03-05-2009, 09:22 AM   #2
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This could really work out.

Now if Borders and Hastings will get in the game...
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Old 03-05-2009, 09:30 AM   #3
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This could really work out.

Now if Borders and Hastings will get in the game...
Border's is too poor right now.

But wow. That's big news. I wonder if it'll be a good thing or a bad thing.
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Old 03-05-2009, 09:33 AM   #4
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I don't think there's anybody left for Borders or Hastings to buy. Well, maybe Lexcycle.
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Old 03-05-2009, 09:33 AM   #5
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it does seem like good news that a big distributor like Barnes and Noble is jumping into ebooks at this level. it could be a huge step forward for them and if they find a way to integrate ebook sales into their brick and mortar shops (ebook kiosks, for instance, as have been discussed numerous times here...) it could be excellent for their own health as well during this key evolution of the industry. let's hope they are smart enough to really take advantage of the opportunity to create a fully-integrated e and paper book buying plateform.

the teleread article also makes some excellent (and reassuring) points when mentioning that fictionwise was *not* acquired by amazon or ingram ; either of them would have been a much more worrying move for the availability of "multi-format" drm-free books currently offered by fictionwise. and this is excellent news also for the availability of epub books, since amazon would almost certainly have torpedoed fictionwise's plans to integrate that format into their offer, with or without ereader drm.

hopefully barnes and noble will be able to use their relationships with publishers to encourage more digital editions of more titles.

overall this does seem like encouraging news.
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Old 03-05-2009, 09:37 AM   #6
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Originally Posted by lilac_jive View Post
Border's is too poor right now.

But wow. That's big news. I wonder if it'll be a good thing or a bad thing.
Bad. In one corner, we have a major web retailer and its ebook format (Amazon/Mobipocket). In the other corner, we have a major bookstore chain and its ebook format. The ancient Greeks would understand this situation. When the gods fight a war, it's mortal man who suffers.

On the plus side, there is the chance they will weaken each other and Epub will come out ahead.
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Old 03-05-2009, 09:44 AM   #7
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Now, the big question...will my B&N discount card work at Fictionwise like it does at B.Dalton?
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Old 03-05-2009, 09:44 AM   #8
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Quote:
Originally Posted by Nate the great View Post
Bad. In one corner, we have a major web retailer and its ebook format (Amazon/Mobipocket). In the other corner, we have a major bookstore chain and its ebook format. The ancient Greeks would understand this situation. When the gods fight a war, it's mortal man who suffers.

On the plus side, there is the chance they will weaken each other and Epub will come out ahead.
it will be very interesting to see how this plays out. over here mobipocket is pretty much dead already ; all the new publishers are going directly to epub, all the new devices are coming with epub support, and even the existing devices (cybook) are adding epub.

i really have to wonder what is amazon's reasoning behind sticking to mobipocket (or some modified form of it). even though they bought the company it seems a bit backwards-thinking of them.
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Old 03-05-2009, 09:50 AM   #9
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it will be very interesting to see how this plays out. over here mobipocket is pretty much dead already ; all the new publishers are going directly to epub, all the new devices are coming with epub support, and even the existing devices (cybook) are adding epub.

i really have to wonder what is amazon's reasoning behind sticking to mobipocket (or some modified form of it). even though they bought the company it seems a bit backwards-thinking of them.
Control.
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Old 03-05-2009, 09:52 AM   #10
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Now, the big question...will my B&N discount card work at Fictionwise like it does at B.Dalton?
Well it says it'll still be run as a separate company so at least for now I'd say no.


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i really have to wonder what is amazon's reasoning behind sticking to mobipocket (or some modified form of it). even though they bought the company it seems a bit backwards-thinking of them.
Who knows. Since they can add epub support with a firmware update maybe they figured they'd wait until they had to add it due to market demand. Right now epub, as far as commercial books go, isn't very big at least at the big US based ebook stores. Only BoB is really doing much with it so far and a fair number of things still aren't coming out in that format.
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Old 03-05-2009, 09:54 AM   #11
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Hmm. Here's something I'm a little worried about, come to think of it.

B&N has brick & mortar stores in all 50 states.

Does this mean Fictionwise is going to have to start charging sales tax?
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Old 03-05-2009, 09:55 AM   #12
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The ancient Greeks would understand this situation. When the gods fight a war, it's mortal man who suffers.
This is like the Swahili saying: "When two elephants fight, the grass suffers".
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Old 03-05-2009, 09:59 AM   #13
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Well it says it'll still be run as a separate company so at least for now I'd say no.
Yep

"Fictionwise was founded in 2000 by Steve and Scott Pendergrast. Barnes & Noble intends to keep Fictionwise as a separate business unit and the founders will continue to operate the business."

Looks like 'business-as-usual' - at least for now ....
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Old 03-05-2009, 10:05 AM   #14
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Congratulations to Fictionwise and I hope they continue to evolve and succeed.
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Old 03-05-2009, 10:08 AM   #15
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I hope it works out - I like Fictionwise a lot and they've been getting most of my e-book dollars lately.
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