Don’t Confuse Borders’ Bankruptcy with partner Kobo

kobo ereaderFrom a company statement: Kobo does not rely on Borders for content. Kobo owns the publishing agreements and has direct relationships with all major publishers, including Random House, Simon & Schuster (NYSE: CBS), HarperCollins, St. Martin’s Press and many more.

Kobo is solely responsible for payment to publishers for eBooks sold through the Kobo platform and publishers will continue to be paid on time as usual. [READ MORE FROM KOBO]

Rich Nilsen is the author of "Sleep Great for Life." He is the President and founder of All Star Press, an independent book publisher out of Tarpon Springs, FL. The mission is to help authors get their work published in both print and the latest e-book technologies, and help those aspiring authors promote their work successfully to the right audiences.

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