Barnes & Noble buys ebook retailer Fictionwise
The largest retail bookseller in the US acquired Fictionwise, the largest indie outlet for ebooks, this according to this article at Publishers Weekly. This move effectively throws B&N into the ebook game and probably into direct competition with Amazon and its Kindle 2.
However, beyond the news of this transaction is both praise and criticism. Critics say that they admired Fictionwise for being an independent force in ebook retailing. According to one post on the Teleread blog, Fictionwise was also admired for being more willing to work with small publishers:
Not everyone sees full positives here. "Fictionwise was the big independent in the industry, and also the company most willing to work with small publishers and non-DRM," Rob Preece of BooksForABuck.com, a small e-publisher, said in a TeleRead comment. "I’m sorry to see them go as an independent force, and not especially happy that BN made the purchase as they haven’t traditionally been especially friendly to small publishing.

cac, Sep 02, 2010 re: Author smackdown: Stephen King disses Stephenie Meyer