http://www.engadget.com/2014/04/10/amazon-buys-comixology/?ncid=rss_truncated

Amazon buys popular comic book app platform Comixology



There's nothing quite like taking a massive, heavy library of beloved books and 
shrinking it into an e-reader. Amazon, having already accomplished that with 
its tremendously popular digital book service, is now targeting the comic book 
market. The company is purchasing Comixology, a digital comic book service with 
hundreds of millions of users and apps for all of your devices.

Comixogy CEO David Steinberger is quite fond of the agreement, the terms of 
which were not disclosed (we're assuming it's at least $3.50 -- comics these 
days are awfully expensive). "There is no better home for comixology than 
Amazon to see this vision through," Steinberger says in the announcement. 
"Working together, we look to accelerate a new age for comic books and graphic 
novels." It's just a wild guess, but we're expecting the first such 
"acceleration" will involve integrating Amazon payments and the Comixology 
userbase over to Amazon. It's not yet clear if Comixology brand will stand on 
its own (Amazon already sells single issues and graphic novels on Kindle), but 
we're asking the company for more, but don't expect to hear much -- the deal 
hasn't closed just yet, but it's expect to in the next few months.

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