The New York Times is reporting the above. What do you think, ladies?
I've been watching this battle for a while, wondering how B&N was going to respond to the newer industry big'un. Fold or go head to head? Who is the Romney character in the passion play, and who the Gingrich?
B&N has over 700 stores across the nation. Their absence will surely put a ding in Amazon's bottom line - something to consider, as Amazon just posted something like 50% downturn in sales. (I'm remembering off the top of my head - I could be wrong about the number.)
You can bet your patootie that INDEPENDANT bookstores aren't going to step up to fill the retailer void left by B&N.
Thoughts?
PS.: NYT article here:
http://mediadecoder.blogs.nytimes.com/2012/01/31/barnes-noble-says-...
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Permalink Reply by Karen A. Wyle on January 31, 2012 at 10:43pm It's my impression that this battle is about the Amazon imprints (Amazon entering into the traditional publisher realm), rather than the POD area. I haven't heard about CreateSpace extended distribution being affected.
Permalink Reply by Alle C. Hall on January 31, 2012 at 10:54pm I hadn't heard of any other imprint besides CreateSpace. Am I really out of it? As I recall, Amazon was going to publish James Franco's novel (as well as books by Timothy Ferriss, Penny Marshall and Deepak Chopra). I assumed it would be through CreateSpace.
I imagine that at this point, those most affected by B&N's decision would be all our self-published writer-friends. Which might not be that bad; B&N probably doesn't stock a whole lot of self-published books.
Permalink Reply by Karen A. Wyle on February 1, 2012 at 5:37am Amazon now has several imprints. I believe each covers a different genre. Some previously self-published authors have gotten very reasonable deals from them.
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