PaidContent reports that J. Sainsbury, the third-largest supermarket chain in the U.K., has purchased a 64% stake in aNobii, a social discovery web engine for books whose other owners are HarperCollins, Penguin and Random House. Of the 64%, 45.4% came from HMV, which disposed of its ownership in aNobii after selling off Waterstones. The former owners who sold their shares of aNobii didn't value it very highly--Sainsbury's only paid £1 for its stake.
aNobii may help Sainsbury's in competition with Tesco, the biggest
supermarket chain in the U.K., which has launched an eBooks store and acquired 80% of Blinkbox
in order to get into on-demand movies. Both Sainsbury's and Tesco offer
digital music downloads.