Thread: Sony closes USA and Canada ebook store
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Old 02-07-2014, 12:21 PM   #89
6charlong
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Posts: 896
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Join Date: Apr 2007
Location: US
Device: Kindle, nook, Apple and Kobo
Quote:
Originally Posted by fjtorres View Post
For now.
Sony is at the end of their financial rope.
Selling the PC business, spinning off TVs, abandoning ebooks in NorthAm; that's just the beginning.
Sony can no longer afford to throw (expensive borrowed) money at zombie product lines. Their chief assets are the Playstation empire, their patents, their Spider-Man movie license, and their fading brand. Their liabilities are everything else.
Expect serious retrenchment.
They might even get out of the lead acid consumer battery business!

More seriously: I doubt there will ever be a T4 and I suspect they'll shut down the other ebookstores once they clear out the T3 inventories.
I've wondered who developed and manufactured the Kobo ereaders: did Sony have a hand in it or is Kobo just the only logical place to send ePub customers.
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