A News Bulletin
by Lynne Cantwell
Amazon has announced that it has reached agreement to acquire Goodreads. According to a news release from Amazon, the deal is expected to close within the next few months. Russ Grandinetti, Amazon’s vice president for Kindle Content, and Goodreads CEO and co-founder Otis Chandler joined in making the announcement.
For now, Goodreads’ headquarters will stay in San Francisco. No other details are available right now – including how much Amazon is paying for Goodreads, and what this means for Shelfari, Amazon’s Goodreads wanna-be site.
Read the press release on Amazon.
Read the announcement on Goodreads.
Let’s do a quick IU poll on this.