{"id":15136,"date":"2012-06-12T08:43:15","date_gmt":"2012-06-12T06:43:15","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=15136"},"modified":"2012-06-12T08:44:05","modified_gmt":"2012-06-12T06:44:05","slug":"sainsbury-enters-e-book-market-after-anobii-buy","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/15136\/sainsbury-enters-e-book-market-after-anobii-buy\/","title":{"rendered":"Sainsbury enters e-book market after Anobii buy"},"content":{"rendered":"

Britain’s third largest supermarket group J Sainsbury has entered the e-book and social network market with the purchase of HMV Group’s shareholding in Anobii for a nominal 1 pound (R13.07).<\/p>\n

Sainsbury said on Tuesday the acquisition and its investment in the future development of the business would result in it having a 64 percent stake in Anobii, which currently has over 600,000 users worldwide and a library of 60,000 e-books.<\/p>\n

Anobii’s other shareholders are publishers HarperCollins, Penguin and Random House.<\/p>\n

Sainsbury said the deal supports its drive into the growing online and digital entertainment market.<\/p>\n

It follows the launch of Sainsbury’s Entertainment in November 2010, the acquisition of online entertainment company Global Media Vault in October 2011 and the launch of a music download service earlier this year.<\/p>\n

Sainsbury will update on first quarter trading on Wednesday.<\/p>\n

Related articles:<\/h3>\n

E-book settlement hurts readers: Barnes & Noble<\/a><\/strong><\/p>\n

Apple rejects \u201cflawed\u201d e-book charges<\/a><\/strong><\/p>\n

Free online book publisher finds success in SA<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Britain’s third largest supermarket group J Sainsbury has entered the e-book and social network market with the purchase of HMV Group’s shareholding in Anobii for a nominal 1 pound ($1.55)<\/p>\n","protected":false},"author":7,"featured_media":11226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,3099,2307,3100,3101,3102,3098],"class_list":["post-15136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-active","tag-anobii","tag-e-book","tag-harpercollins","tag-penguin","tag-random-house","tag-sainsbury"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=15136"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15136\/revisions"}],"predecessor-version":[{"id":15138,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15136\/revisions\/15138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/11226"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=15136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=15136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=15136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}