Amazon Acquires Goodreads

Iowa City Owl
Amazon has announced that they have bought one of the leading social reading services, Goodreads. 

Amazon has recently acquired Goodreads, which boasts over 16 million members and a catalogue of more than 360 million books, in which they are adding 22 million more each month. 

With these statistics, Amazon gets a major advantage over other ebook sellers such as Apple, and with people actively discussing books on Goodreads, having an Amazon account makes purchasing of books and ebooks more convenient for readers, especially since Amazon now offers special deals to Goodreads members. 

The vice president of Kindle content in Amazon, Russ Grandinetti, stated that: 

Amazon and Goodreads share a passion for reinventing reading. Goodreads has helped change how we discover and discuss books and, with Kindle, Amazon has helped expand reading around the world. In addition, both Amazon and Goodreads have helped thousands of authors reach a wider audience and make a better living at their craft. Together we intend to build many new ways to delight readers and authors alike.

In support of Grandinetti’s statement, Goodreads’ CEO and co-founder, Otis Chandler, added: 

Books – and the stories and ideas captured inside them – are part of our social fabric. People love to talk about ideas and share their passion for the stories they read. I’m incredibly excited about the opportunity to partner with Amazon and Kindle. We’re now going to be able to move faster in bringing the Goodreads experience to millions of readers around the world. We’re looking forward to inspiring greater literary discussion and helping more readers find great books, whether they read in print or digitally.

Goodreads wrote on a blog entry the thorough list of reasons as to why they were making the deal with Amazon. Making it clear that the Kindle integration is their top priority as it is what most members are looking and have been asking for. 

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