Barnes and Noble Acquires Fictionwise for $15.7 Million
I have so many words swirling around in my head as a result of the news broke on the Teleread.org blog that BN acquired Fictionwise. My first thought was, good on the Pendergrast brothers who were pioneers in the ebook retailing field. Fictionwise has always been a big supporter of non DRM’ed ebooks and providing content in as many formats as possible.
My second thought is that this is a huge validation of ebooks and the market for ebooks.
My third thought is that Amazon will finally have some real competition. I have to believe that Barnes and Noble, with the Fictionwise acquisition, will marry it’s bookstore/retail end with a hardware device whether it’s an existing device like Sony or a new device.
My fourth thought is similar to that of David Rothman’s at Teleread.org and that is Barnes and Noble should adopt and push epub books to truly combat any monopoly that Amazon may naturally gain through its marriage of hardware + bookstore.
Let me end with extending my congratulations to the Pendergrasts and everyone at Fictionwise. You deserve this good fortune because it’s your hard work and dedication that made it happen.