lauraanne_gilman (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
lauraanne_gilman) wrote2009-03-05 10:53 am
lauraanne_gilman) wrote2009-03-05 10:53 am
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This...could get interesting....
Barnes & Noble Acquires Fictionwise
Barnes & Noble announced that it has purchased the e-book retailer Fictionwise for $15.7 million in cash today.
The major e-book company operates two websites, Fictionwise.com and eReader.com, and both will remain functioning after the sale. According to Fictionwise, founders Steve Pendergrast and Scott Pendergrast will continue to operate the e-book retailer as a separate unit under the Barnes & Noble umbrella.
Here's more from the official release: "Barnes & Noble said it plans to use Fictionwise as part of its overall digital strategy, which includes the launch of an e-Bookstore later this year. In addition to the closing purchase price, Fictionwise may receive earn out payments for achieving certain performance targets over the next two years." (Via TeleRead)
http://www.mediabistro.com/galleycat/web_tech/barnes_noble_acquires_fictionwise_110402.asp
Barnes & Noble announced that it has purchased the e-book retailer Fictionwise for $15.7 million in cash today.
The major e-book company operates two websites, Fictionwise.com and eReader.com, and both will remain functioning after the sale. According to Fictionwise, founders Steve Pendergrast and Scott Pendergrast will continue to operate the e-book retailer as a separate unit under the Barnes & Noble umbrella.
Here's more from the official release: "Barnes & Noble said it plans to use Fictionwise as part of its overall digital strategy, which includes the launch of an e-Bookstore later this year. In addition to the closing purchase price, Fictionwise may receive earn out payments for achieving certain performance targets over the next two years." (Via TeleRead)
http://www.mediabistro.com/galleycat/web_tech/barnes_noble_acquires_fictionwise_110402.asp