Breaking News: Amazon to Acquire Goodreads

Amazon.comA 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.

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