Microsoft has a DRM-locked ebook store that isn't making enough money, so they're shutting it down and taking away every book that every one of its customers acquired effective July 1.
Customers will receive refunds.
This puts the difference between DRM-locked media and unencumbered media into sharp contrast. I have bought a lot of MP3s over the years, thousands of them, and many of the retailers I purchased from are long gone, but I still have the MP3s. Likewise, I have bought many books from long-defunct booksellers and even defunct publishers, but I still own those books.
When I was a bookseller, nothing I could do would result in your losing the book that I sold you. If I regretted selling you a book, I didn't get to break into your house and steal it, even if I left you a cash refund for the price you paid.
People sometimes treat me like my decision not to sell my books through Amazon's Audible is irrational (Audible will not let writers or publisher opt to sell their books without DRM), but if you think Amazon is immune to this kind of shenanigans, you are sadly mistaken. My books matter a lot to me. I just paid $8,000 to have a container full of books shipped from a storage locker in the UK to our home in LA so I can be closer to them. The idea that the books I buy can be relegated to some kind of fucking software license is the most grotesque and awful thing I can imagine: if the publishing industry deliberately set out to destroy any sense of intrinsic, civilization-supporting value in literary works, they could not have done a better job.
Several years ago, Microsoft was looking at ebooks as a key content category for the company. In 2012, Microsoft invested $300 million to create a separate Nook Media company with Barnes & Noble.Nook Media is the part of B&N that made Nook readers and also included the digital/College businesses from Barnes & Noble. The agreement was part of an Android patent-settlement dispute between Microsoft and Barnes & Noble. The pair terminated their deal in 2014.
Microsoft removes the Books category from the Microsoft Store [Mary Jo Foley/All About Microsoft]