It’s not all that long ago that people were expecting Daunt/Waterstones to opt for a deal with the Nook rather than go with Kindle.
James Daunt’s decision to go for Kindle is looking a sounder business decision than ever.
The Kindle has swept all before it in the global e-reader market and Amazon has millions of stores right on peoples’ desks, smartphones and tablets through its website and Kindle app. Authoritative estimates for the UK market underline the Kindle’s power, with Amazon believed to account for nine out of 10 ebook sales – an indication of the Kindle’s penetration.
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For those who are trying to make money from ebooks, the reality is that Amazon is now the only game in town, says Andrew Rhomberg, co-founder and chief executive of ebook seller Jellybooks.com, which aims to be as easy to browse as a real bookshop.