{"id":8186,"date":"2011-03-09T10:31:52","date_gmt":"2011-03-09T15:31:52","guid":{"rendered":"http:\/\/www.ebookrumors.com\/?p=8186"},"modified":"2011-03-09T10:31:52","modified_gmt":"2011-03-09T15:31:52","slug":"borders-goes-bankrupt-while-amazon-and-barnes-and-noble-chart-increases-in-sales","status":"publish","type":"post","link":"https:\/\/www.ebookrumors.com\/?p=8186","title":{"rendered":"Borders Goes Bankrupt while Amazon and Barnes and Noble chart increases in sales&#8230;"},"content":{"rendered":"<p>It&#8217;s not surprising that one of the book giants suffered a major (if not fatal) blow as <a title=\"Borders goes bankrupt!\" href=\"http:\/\/www.dailyfinance.com\/story\/investing\/bankrupt-borders-makes-everyone-poorer-especially-authors\/19847347\/\" target=\"_self\"><strong>DailyFinance<\/strong><\/a> illustrates with a detailed account of<strong> Borders<\/strong>&#8216; recent declaration of bankruptcy. It&#8217;s really a mess with millions owed and publisher and authors left swinging in the breeze.<\/p>\n<p>This while competitors<strong> Barnes and Noble<\/strong>, and <strong>Amazon <\/strong>register increased sales at the dawn of the <strong>eBook Revolution<\/strong>. A<strong> <\/strong><a title=\"Why Barnes and Noble survived (so far...)\" href=\"http:\/\/www.time.com\/time\/business\/article\/0,8599,2057760,00.html\" target=\"_self\"><strong>Time.com<\/strong><\/a> story shows that while it&#8217;s possible for B&amp;N to suffer a similar fate since they like Borders, float an army of bricks and mortar locations, their quick action and solid business plan might spare them from the trustee&#8217;s noose.<\/p>\n<p>Their wholehearted embrace of the <strong>eBook Revolution<\/strong> by way of their <strong>Nook <\/strong>and <strong>NookColor eBook Readers<\/strong>, and online eBook Sales have allowed them to corner 25% of the exploding eBook market. Indeed, if they can survive these growing pains, their bricks and mortar locations might give them the edge over their entirely virtual competitor <strong>Amazon.com<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s not surprising that one of the book giants suffered a major (if not fatal) blow as DailyFinance illustrates with a detailed account of Borders&#8216; recent declaration of bankruptcy. It&#8217;s really a mess with millions owed and publisher and authors left swinging in the breeze. This while competitors Barnes and Noble, and Amazon register increased &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.ebookrumors.com\/?p=8186\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,5,15,14,16,13],"tags":[],"_links":{"self":[{"href":"https:\/\/www.ebookrumors.com\/index.php?rest_route=\/wp\/v2\/posts\/8186"}],"collection":[{"href":"https:\/\/www.ebookrumors.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ebookrumors.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ebookrumors.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ebookrumors.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8186"}],"version-history":[{"count":17,"href":"https:\/\/www.ebookrumors.com\/index.php?rest_route=\/wp\/v2\/posts\/8186\/revisions"}],"predecessor-version":[{"id":8203,"href":"https:\/\/www.ebookrumors.com\/index.php?rest_route=\/wp\/v2\/posts\/8186\/revisions\/8203"}],"wp:attachment":[{"href":"https:\/\/www.ebookrumors.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ebookrumors.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ebookrumors.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}