FishbowlNY FishbowlDC LostRemote InsideMobileApps InsideSocialGames 10,000 Words TVNewser TVSpy AgencySpy PRNewser MediaJobsDaily UnBeige

Barnes & Noble Acquires Fictionwise

barnes-noble-logo.jpgBookseller 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)

Mediabistro Course

Personal Essay Writing

Personal Essay WritingStarting October 28, work with a published journalist to draft, edit, and sell your first-person essays! Jessica Olien will help you to workshop your writing so that it's ready to pitch to editors. You'll learn how to tell your personal story, self-edit you work to assess voice, style, and tone, and sell your essays for publication. Register now!