Sainsbury's snap up large chunk of ebook something or other
Here at Bitterwallet, we’re all avid readers – the trouble is that we never get to read any books any more because we’re constantly trying to keep up to speed with the developments in the ebooks ‘game’.
Here’s the latest – Sainsbury’s have jumped into the e-reading ball pool with the purchase of HMV’s 64% shareholding in Anobii (no, us neither) for the nominal sum of £1.
Anobii’s other shareholders are publishing giants HarperCollins, Penguin and Random House, it says here. Who knew, eh? The company will doubtlessly be grouped in with Sainsburys’ music download service and the online entertainment company Global Media Vault, which they snapped up in October 2011.
We await further developments with baited breaths….