[r14n]

The marketplace did not fail. The Chrome Web Store lives on - it's just the PAYMENT section of it that fails. All the extensions will still exist and be available for download, we devs just can't use Google's payment or subscription service anymore.

So if a dev has thousands subscribers paying monthly through Google's system, they will all have to sign up again with a new payment processor - there is no way to migrate the payment info, only the license info.

And yes Google takes a cut each month so it's hard to imagine why they have decided to forgo these millions of dollars and at the same time hurt extension devs - because I can imagine a very large number of people deciding not to resubscribe :(