Quote:
Originally Posted by pwalker8
It's always fascinating how people hold on to this narrative, no matter how many times it's shown to be false. Those smaller online eBook stores mostly either folded or sold themselves to a larger company before agency pricing occurred.
Apple started agency pricing in the Spring of 2010. Most of the small companies that people point to either were already out of business or had sold themselves. Agency pricing got shutdown by Judge Coe in the Summer of 2013. Amazon had 75% of the ebook market at that point.
Within a couple of years Amazon was back at 95% of the market. Guess what, once Amazon didn't have to worry about other eBook stores, they stopped caring about low prices and signed contracts with the various publishers giving them agency pricing.
|
Both BooksOnBoard and Fictionwise went out of business after agency. Sure, some went out before then. One of those that went out of business sold only Mobipocket format eBook and another sold only eReader format eBooks.
Yes Fictionwise was bought by B&N. But B&N did not close them down right away. Fictionwise closed because there were losing money because of agency.
If you think most eBook stores went out of business before agency, please tell us which ones went out of business before agency that sold ePub. Other fornats such as Mobo, eReader, and Lit were dead.