Eighteen months have passed since German ebook startup txtr declared bankruptcy, and just over a year since the company was taken over by Saturn, a media retailer and one...
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Category: Bankruptcy
The Sudden Demise of BookTrope has Left Authors to Clean Up the Mess
When Booktrope launched its publishing service five years ago, this hybrid publisher offered authors the best of both worlds: a five-year contract with no costs for the author, and pro quality work...
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RadioShack Wants to Sell Customer Data, States File Suit
The demise of RadioShack was already one of the more saddening corporate bankruptcies in recent history, and now it's also one of the slimier ones. Ars Technica reports that the nearly 100-year-old...
Continue readingRadioShack Files for Bankruptcy, Sprint to Take Over 1,700 Stores
So the rumors were true. Gadget retailer RadioShack filed for Chapter 11 bankruptcy protection today, and reported that its largest shareholder (and one of its largest debtors) Standard General LP will buy 1,500...
Continue readingThe End is Nigh for RadioShack
Rumors are circulating today that RadioShack is (finally) going to go out of business. Sources say that the retailer is working out a bankruptcy deal which would close half of the...
Continue readingeReader and Screen Tech Pioneer IRX Goes Bankrupt, is Dissolved
As 2014 draws to a close so does the final chapter on Irex Technologies, one of the early ereader makers. Yesterday a reader tipped me to the news that...
Continue readingeBook Gift Card Maker Qinqo is Bankrupt
eBook gift cards suffered a setback today in the Netherlands. Qinqo, a Dutch startup that launched late last year, has posted a notice on their website that they are...
Continue readingNight Shade Books Puts Assets Up For Sale to Avoid Bankruptcy – Offers Authors a Deal That Rates a Full WTF
Companies go under all the time, so when news circulated last week that Night Shade Books was folding I didn't pay much attention. That was a mistake on my...
Continue readingRumors: B&N to Deemphasize the Nook? Going Private?
Barnes & Noble is expected to share bad news in their quarterly 10-k report later this week and there are already a couple early rumors with hints about how...
Continue readingBudget Tablet Maker Pandigital Goes Belly Up
Pandigital, one of the more visible smaller tablet makers that sprang up following the launch of the iPad, filed for bankruptcy shut down earlier this year. Rather than file...
Continue readingDutch eReader Maker Bebook is Bankrupt
It looks like the tight competition between the the big boys has claimed another victim. Netherlands based ebook reader maker Endless Ideas filed for bankruptcy today. Emerce is reporting...
Continue readingCould Borders Rise From the Grave?
The Borders bankruptcy saga is winding to a close, and it's about to go into its final weeks. One of the last parts of Borders was sold off earlier...
Continue readingBorders liquidation approved by bankruptcy judge
Apparently the post I wrote early today had jumped the gun, because it wasn't until this afternoon that the liquidation became official. Judge Martin Glenn of the U.S. Bankruptcy...
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