Word came out yesterday afternoon that Oyster is “sunsetting” their business, a polite euphemism for “closing.”
I received an update from our friends at Oyster this morning. Here’s the scoop: Oyster has been acquired by Google. The Oyster service will continue to operate as normal until sometime in early 2016, at which point it will shut down and cease to exist.
Between now and the ultimate closing (exact date TBD), Smashwords will continue to deliver new books and updates to Oyster, and Oyster will continue their great work generating readers and income for our authors.
What does this mean for Smashwords authors and publishers? Obviously, it’s a sad day when a promising sales outlet such as Oyster exits the market. Although Oyster and Scribd are among our smaller retailers, they were our fastest growing sales outlets in 2014. In recent months, their combined sales have been approximately equivalent to what we sell in the Smashwords store each month. So while we’re sad to see Oyster’s sales go away, in the short run it’s a bump in the road because the lion’s share of sales are coming from larger retailers.
Mark Coker, Smashwords Founder and CEO. Source Smashwords Blog, September 22, 2015
My response to the full blog article …
When companies grow so large and focus solely on profit and power, taking out the opposition, in modern times with buyouts and takeovers, in historical times with oppression and violence, the truth is the truth … profit without social awareness and responsibility continues to reflect the dominant “Disrespectful Philosophy” that some are more valuable than others, and, as a result, justify to themselves that just because they can take, they should. In contrast, higher “Respect Level” thinking recognizes the value of diversity. Diversity in work environments … because not everyone likes or does well in monster organizations. And as monster organizations continue to downsize because of information technology, small businesses counter both the low “Respect Level” challenges by providing alternative work environments, especially for the MBTI “I” personality types who thrive in smaller environments, plus help offset the employment challenges created by big organization downsizing. And because consumers are so focused primarily on their getting the best deal the monster organizations offer, they are significant contributors to the downfall of not just small businesses, but also to the impact of their short-term, individual practices have on their society and global culture. Based on “Connecting the Dots … with the Respect Principle” global initiative and core book by “The Respect Specialist,” Kaitlin A. Trepanier
September 23, 2015
Kaitlin A. Trepanier … The Respect Specialist. Humanitarian. Social Entrepreneur. Creative.
Raising the standard of living, quality of life, freeing potential, and generating peace with education, entertainment, and inspiration … because every child, every person, should know, by their own experience, they are valued … respected. Connecting the Dots … with The RESPECT PRINCIPLE. www.therespectprinciple.com
NEWSFLASH! EBooks now available at https://www.smashwords.com and other favorite EBook retailers.
Kaitlin’s Smashwords interview https://www.smashwords.com/interview/KaitlinTR
SAVE 50% until September 30th on both Connecting the Dots … with The Respect Principle and Dark Horses … A Cautionary Tale!
Earn 11% of book sales by becoming a Smashwords Affiliate Marketer!
© All rights reserved 2015