Blinkbox Books to Close After Waterstones Talks Fail

Tesco will close its e-books service blinkbox Books at the end of February after talks with Waterstones to buy the platform broke down.

All 60 core staff who work on the blinkbox Books platform are now expected to enter a consultation period over their jobs and are likely to be made redundant.

Waterstones was in exclusive talks to but the e-book platform, but a satisfactory deal could not be reached, The Bookseller understands.

A spokesperson for Tesco said: "We have taken the decision to close our e-book service blinkbox Books. We've learnt a lot since launching