Thread: My Prediction on the Next Domino to Fall.
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Old 05-26-2017, 06:19 PM   #21
JSWolf
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Quote:
Originally Posted by FizzyWater View Post
Both Fictionwise and Tantor had amazing sales beginning about a year before their sales (to B&N and Recorded Books, respectively) were announced. Then the incredible sales fell off.
Fictionwise didn't die off because of B&N buying them. Fictionwise died off because Apple and the price fix 6 killed off their business model. When agency pricing came into effect, Fictionwise was no longer able to do business the way they were. Fictionwise was a very popular eBook shop. I shopped there and bought a lot of eBooks as did a lot of the regulars of MR back then. Apple and the price fix 6 killed off a lot of eBook stores who could no longer maintain their business models. And some went away because of the problem with contracts. It was a disaster and the US Justice Department did not do enough with the law suits. It was a total botch job.
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