Fictionwise has an FAQ on the deal here: http://www.fictionwise.com/bn.htm and the official press release is here: http://www.barnesandnobleinc.com/press_releases/2009_march_5_fictionwise.html
The e-book market is heating up. 2009 will be a great year for this industry. Barnes & Noble is apparently taking e-books seriously now. They don't have much choice, if they want to stay in business. Yes, e-books were only 1% of sales, but their sales growth is exploding.
Now that Amazon has supposedly sold half a million Kindle machines, just released the Kindle 2, and now the Kindle iPhone app, they are poised to take over the ebook industry. We know that they will release Kindle readers for other devices, which proves that they want to own the business of selling e-books. If Amazon decides to make retrieval of free e-books easily done in their Kindle store, they would totally blow away competitors like Stanza while not hurting their sales at all.
The Fictionwise Pendergrast brothers can see the Amazon storm building intensity, and they need serious help to survive it. Good Luck!
Hey, Steve and Scott, how about we work with you on connecting your system with DashBook, so your publishers and authors can easily keep track of their book sales and royalties?