Friday, March 29, 2013

Rampant Speculation: How Much Did Amazon Pay for Goodreads?

Following this afternoon's announcement that Amazon has agreed to acquire Goodreads, I had a few minutes to talk to the Goodreads CEO Otis Chandler and Amazon VP of Kindle Content Russ Grandinetti. They stayed pretty vague about the two things I

Noted online bookstore and retailer Amazon.com is buying the excellent online books-related social network and information portal Goodreads. Well, that's a deal that makes a lot of sense.

Amazon.com Inc. said Thursday it agreed to buy Goodreads, a popular book discovery and recommendation website with more than 16 million members globally, a move that significantly bolsters the online retailer's e-book services. San Francisco-based

"Amazon and Goodreads share a passion for reinventing reading," Russ Grandinetti, Amazon vice president for Kindle Content, said in a statement on Thursday. "Goodreads has helped change how we discover and discuss books and, with Kindle, Amazon

Noted online bookstore and retailer Amazon.com is buying the excellent online books-related social network and information portal Goodreads. Well, that's a deal that makes a lot of sense.

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Rampant Speculation: How Much Did Amazon Pay for Goodreads?

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