Kobo Eats Sony

pac-man-151558_640Starting in late March, Sony’s Reader Store customers will be transferred to the Kobo ebook platform in the U.S. and Canada.

The deal comes less than five months after Sony announced it would not introduce its latest Reader in the U.S. Coupled with the much broader restructuring the company is undertaking, the move can be seen as tactical retreat from a crowded, changing market.

It’s unclear whether there will be layoffs at Sony, how many and who will be affected.

It’s all good news for Kobo, though, which currently offers 4 million ebooks to 18 million customers worldwide. Now, those figures seem likely to grow.


Related: Rakuten Replaces Kobo Chief Executive Mike Serbinis With Takahito Aiki

Correction: An earlier version of this story stated that the contents of the Sony Reader store would be transferred to Kobo. This is inaccurate. We regret the error. 

To get all the ebook and digital publishing news you need every day in your inbox at 8:00 AM, sign up for the DBW Daily today!

The rest of the day’s top news:

Will Barnes & Noble Follow Sony’s Exit Strategy? (Forbes)
Sony ceded its ebook business to Kobo as part of a larger retooling effort. When it comes to the faltering Nook, Barnes & Noble could do worse than follow Sony’s lead.

Free Ebook: Amazon Imagined as a Cheetah and Much More (DBW, illustrations)
The Everything Store author Brad Stone reminded this year’s Digital Book World of the image Amazon was said to hold of itself and publishers. That’s just one snippet in our exclusive compendium of Digital Book World conference highlights, currently free to download.

Amazon Paves Way for Console with Gaming Acquisition (The Digital Reader)
With the purchase of Double Helix Games, it’s now difficult to imaging Amazon isn’t developing a gaming console.

HarperCollins Has Ebooks, Divergent to Thank for Strong Second Quarter (DBW)
Revenue is up 4% and profit 33% over last year’s figures, largely driven by growth in ebook sales and Veronica Roth’s popular series.

Five Reasons Ebook Subscriptions Make Sense for Kids (DBW)
Epic! just introduced a new subscription service offering 2,000 titles to young readers for $9.99 a month, joining a few similar, smaller models currently out there. We could soon see more.

European Publishers Call for Fairer Trade Regulations (The Bookseller)
Three industry organizations presented a manifesto in advance of May elections to the European Parliament, meant to improve their side of the bargain in e-commerce and copyright law.

Introducing the First Arabic Language Ebook Retailer (ANSAmed)
With backing from Vodafone Egypt, Kotobi.com launches as an online store selling Arabic-language ebooks from roughly 40 publishers.

Penguin Random House to Shutter Two Warehouses (Pub Lunch)
The inevitable post-merger consolidation of the publisher’s back-end operations will lead to two warehouses closing down in Pennsylvania and New York.

Why Publishers Should Embrace Serendipity (Business World)
As more of the world’s population goes online, staying nimble is equally a matter of surviving in established markets as of succeeding in emerging ones.

One thought on “Kobo Eats Sony

  1. Pingback: Publishing Opinions | Kobo Eats Sony


Your email address will not be published. Required fields are marked *