The ebook market has come down to two main competitors; Amazon’s Kindle and Barnes & Nobles’ Nook. The lack of interest in other brands of dedicated ereaders likely played a role in Sony deciding to cut its loses and back out of the North American ebook business. Sony Reader’s customers in other regions will not be affected.
For many, the news that Sony is withdrawing from the digital reading business in the United States and Canada may be the first time they’ve heard of Sony being in the digital reading business at all. Those customers who do rely on Sony for their electronic-reading needs will now be transferred over to Toronto-based Kobo.
The Sony Reader Store will close on March 20, 2014 and at that point customers will receive an email detailed how to transfer their library and account credits to Kobo. In addition, select Sony Xperia smartphones and tablets will come pre-loaded with the Kobo app.
Shutting down its eBook business isn’t the only change Sony is making. The company also announced it is selling its VAIO PC division.