Quote:
Originally Posted by JSWolf
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.
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B&N bought them for their customer base, not because they were raking in money hand over fist. Once again, Amazon had 90% of the market at that point. Fictionwise couldn't compete with Amazon's deep pockets, that's why they sold themselves. Agency didn't come until a year later.