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Amazon to buy Waterstones?
  • It would be a nightmare indeed, hope it isn't true.


    http://kenilworthbooks.co.uk/the-marriage-of-heaven-and-hell/
  • And then what's left other than indies?

    Would the loss of Waterstone's adversely affect WH Smith pricing?
  • I hope this isn't true!
  • It is true, sadly.

    It really is a Halloween nightmare for authors.
  • Liz, where did you hear that it was true?

    All I've seen so far is speculation.
  • Ditto.

    http://www.thisismoney.co.uk/money/markets/article-5029461/Bookshop-chain-Waterstones-sale.html

    Mind you, it would make sense to buy a chain rather than continue opening their own stores. Also, as many indie authors use Amazon-related tools it might make it easier for those authors to get through the doors.

  • Liz said:

    It is true, sadly.

    It really is a Halloween nightmare for authors.



    I can't find anything confirming that this is true. Do you have some insider knowledge, Liz?
  • No, what I mean is that Waterstones is to be sold, I don't know who to, but Amazon is what the bet's on - they have doe the same in the US and their book stores are awful.
  • From my link:

    Bookshop chain Waterstones could be put up for sale by its Russian oligarch owner.

    Could.
  • Ah. the thing I read on my friend's FB said it was. So, in fact, there is nothing happening at all...

    But a little alarmed to find out it's a Russian Oligarch who owns it now...
  • ...and has done so for several years without causing a ripple on the TB radar.

  • LizLiz
    Lol. Our Waterstone's has been getting steadily better under the oligarch. Maybe he is hands off. We have a cafe which is brilliant, lots of cake I can actually eat. Loads of tables dotted around very like Borders used to be.