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Originally Posted by pwalker8
Fictionwise was purchased by B&N in 2009, before agency pricing was implemented. You keep repeating this narrative and I keep pointing out that it not only is not true, it can't possibly be true.
Amazon had over 90% of the ebook market by the end of 2008. No, these ebook stores were not competing well. You liked them because you could buy cheap books, but that doesn't mean they had viable business models to compete with Amazon.
You only make money if you can buy goods for less than you sell them for. Discount book dealers made money because they were able to buy books at a discount as publishers and other book sellers were clearing room for the next wave of new books. They also kept cost down by being a bare bones bookstore. This dynamic doesn't occur with ebooks.
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I know B&N bought Fictionwise. But Fictionwise was still working with their successful business model until agency killed Fictionwise's business model. I am not saying that Fictionwise was more successful then Amazon. But they were quite successful witht he way they sold eBooks.
Fictionwise made money because they were good at what they did. They were unable to to do things the way they were because agency killed that. Apple and the price fix six killed off a lot of smaller eBook stores.