Bookish, the book retailing website founded by book publishers Hachette, Penguin, and Simon & Schuster to compete with Amazon (see "Book Publishers Launch Bookish"), was sold to new online retailer Zola Books less than a year after launch, according to the New York Times.
The site was getting respectable traffic, with undisclosed sales. But if the publishers’ attempt to vertically integrate, at least in a shared way, was unsuccessful, the new owner represents vertical integration of another sort: Zola was formed by literary agents, according to the report.
Zola raised a $5.1 million funding round, and acquired the Bookish site for its recommendation engine as part of its strategy to be a source of recommendations and social networking in conjunction with book retailing.
Zola is brick-and-mortar friendly, with a way for its customers to designate a portion of their purchases from Zola to go to an independent bookstore of their choice.
To Brick-and-Mortar-Friendly Site
Posted by ICv2 on January 23, 2014 @ 2:18 am CT
Animated Series Leads into Publishing
August 3, 2021
The Freak Brothers animated series later this year will lead into new collected editions starting in 2022.
Column by Rob Salkowitz (with Scott Snyder Comment)
August 2, 2021
This week, columnist Rob Salkowitz looks at the blockbuster deal between comiXology and Scott Snyder and what it means for the comics business; and Snyder shares some additional thoughts.