ED Magedson – Founder
Kobo Writing LifeToronto, Ontario Canada
This happens, of course, after a lot of publishers decided to publish their books (a process that is costly in time for each individual book) on this relatively new and small platform, compared to Apple iBooks or Amazon KDP.
Those publishers got their revenues cut by more than half on this platform, Kobo keeping a generous 80% of the sales...
This report was posted on Ripoff Report on 11/23/2013 08:53 AM and is a permanent record located here: http://www.ripoffreport.com/reports/kobo-writing-life/toronto-ontario-m6k-1a7/kobo-writing-life-kobo-kwl-kobo-auto-publishing-platform-kobo-inc-abusive-change-of-t-1101666. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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