Fictionwise: Just five employees, steady growth, platform-neutral approach, 100,000+ monthly unit sales in ‘08
PW’s Calvin Reid has a nice little write-up on Fictionwise—just sold to Barnes and Noble, for $15.8 million, as first reported by TeleRead.
See PW for more on details in the headline. Guess what? The employee count at FW is still the same as in early 2001: five.
Meanwhile co-owner Scott Pendergrast offers an interesting observation on the growth of e-books: "Ninety percent of the top 50,000 trade book titles are all available as e-books. And there are still tens of thousands of secondary titles waiting to come into the market. There’s been no retreat in the e-book market and there are tremendous opportunities ahead."
Ahead for Fictionwise, as Chris Meadows has mentioned: Its future eReader software will be able to read ePub—including, I’d hope, the nonDRMed variety.
Leave a Reply