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Old 06-12-2012, 03:46 AM   #1
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Sainsbury's buys e-book retailer
"Sainsbury's is entering the digital books marketplace, with the announcement that it is buying HMV's stake in Anobii, an online retailer of e-books, for just £1."

http://www.bbc.co.uk/news/business-18406262

Sainsbury's is a long-established grocery/supermarket chain in the UK.

Never heard of Anobii, but the price suggests they're in a hole with debt. Can't help but feel that Sainsbury's would have had more traction just setting up using their own name.
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Old 06-12-2012, 05:49 PM   #2
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P'raps they're just going to change the name ...
Last edited by carpetmojo; 06-12-2012 at 05:50 PM. Reason: None - lost me mind for a moment.....
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Old 06-12-2012, 05:54 PM   #3
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Anobii is a joint venture between Random House, Penguin and Harper Collins to establish a direct to consumer ebook store.

LINK

Somehow I think they are financially A-OK. Dunno why Sainsbury signed on to that though.
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Old 06-13-2012, 06:57 AM   #4
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Originally Posted by stonetools View Post
Anobii is a joint venture between Random House, Penguin and Harper Collins to establish a direct to consumer ebook store.

LINK

Somehow I think they are financially A-OK. Dunno why Sainsbury signed on to that though.
I suspect that if Sainsbury's are actually running the store there will be less chance of claims of price fixing and collusion.
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Old 06-13-2012, 08:23 AM   #5
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Cool Hmmmph...
So....just another ebook shop, with a bit of a forumy feel to it.

Most ebook buyers in the know won't have time to "rate, review, share and discuss their choices" - they're too busy doing all that and lots more on MobileRead !


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Old 06-13-2012, 11:00 AM   #6
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Good for them.
The more the merrier.
Competition is good.
Maybe the supermarket crowd can bring something fresh to ebook retailing.
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Old 06-13-2012, 12:39 PM   #7
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Sainsbury may be just there to provide investment funding. I can't see them performing any other role.
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Old 06-13-2012, 05:38 PM   #8
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Quote:
Originally Posted by stonetools View Post
Sainsbury may be just there to provide investment funding. I can't see them performing any other role.
Agreed - difficult to think of anything "new" that could be brought to flogging ebooks, as Pottermore claimed to have done, but news on that seems to have gone quiet lately.
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Old 06-18-2012, 01:08 PM   #9
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They claim 60,000 books. That's like a convenience store vs. a full market. Can a site with 60,000 books claim to be a serious player?
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Old 06-18-2012, 03:40 PM   #10
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Originally Posted by J. Strnad View Post
They claim 60,000 books. That's like a convenience store vs. a full market. Can a site with 60,000 books claim to be a serious player?
Depends on the country and the language.
Most (non-english-speaking) countries, 60K ebooks would be anywhere from a great start to seriously impressive.

For the UK it would be...suboptimal... to stay there for long but if they intend to expand rapidly it might suffice for a launch phase.
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Old 06-18-2012, 06:06 PM   #11
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They could be waiting for the DOJ and EU investigations and suits to be resolved.
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Old 06-19-2012, 04:10 PM   #12
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Originally Posted by J. Strnad View Post
They claim 60,000 books. That's like a convenience store vs. a full market. Can a site with 60,000 books claim to be a serious player?
I guess it depends on where it is targeted, or the kinds of books they plan to sell. If it were in the US, I couldn't say it's a "serious player", but it could become one if it does all the right things and gets support.
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