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People Are Howling About The $1 Billion Price BusinessWeek Made Up For Amazon's Goodreads Acquisition. Libib. Last week, Amazon.com spent an estimated $150 million on Goodreads, a social network for book lovers. I supported my favorite independent bookstore this afternoon and now have two new poetry books to savor.
On the Goodreads Facebook page, sentiment about the acquisition is running 10-to-one against it. GoodReads is mainly a website that allows users to list books they have read and add reviews. Specific terms of the deal weren’t disclosed and it should close by the end of Q2. One of the plans is to make Goodreads integrate with Kindle. Amazon believes that the Goodreads acquisition will help generate more sales of physical and digital books throughout the year. But that number could close in on $200 million, if certain performance metrics are met. Goodreads had raised $2.75 mi With the Goodreads acquisition, Amazon is going after the customers that can provide them with the most sales.
Catherine says: March 28, 2013 at 5:54 pm This is a great idea!
Owen Thomas. Concernant l'acquisition de Goodreads par Amazon en 2013, The NY Times soutient que « Goodreads était un rival d'Amazon en tant que lieu de découverte littéraire » et que cet achat « consolidait le pouvoir d'Amazon de déterminer quel auteur avait droit à une exposition pour son travail » [51]. 2.
Amazon.com, already a major force in the publishing world, announced on Friday the acquisition of Goodreads, a reader recommendation website. Today, Amazon has announced the acquisition of social reading service, Goodreads. 2013-03-29T19:36:35Z The letter F. … The purchase comes amid mounting rumors that Goodreads… Goodreads will be run as a separate subsidiary of Amazon, much like Zappos. Amazon has acquired Goodreads.com, a Web site featuring user-generated reviews of books. Acquisition (noun) 1: the act or action of acquiring; specifically:the obtaining of controlling interest in a company — compare merger, takeover. Amazon has acquired Goodreads.com, a Web site featuring user-generated reviews of books. Goodreads CEO Otis Chandler will report to Amazon’s Vice President of Kindle content, Russ Grandinetti — a telling clue to where Goodreads fits in the overall Amazon strategy. If you’re merely interested in cataloging your home library, try out the Libib website and companion app. Goodreads, founded in 2007, has more than 16m members, who have added more than four books per second to their "want to read" shelves over the past 90 days, according to Amazon. It can use Goodreads brand to …
Colorado Review associate editor Derek Askey shares his thoughts on, and some personal experience with, Goodreads, and its recent purchase by online bookseller Amazon. According to sources, Amazon paid about $150 million for Goodreads, the popular books recommendation service. GoodReads a popular social network for book readers and authors has been acquired by e-commerce giant Amazon.
Our members have been asking us to bring the Goodreads experience to an e-reader for a long time.
Reaction from readers was mixed. 2: a thing gained or acquired.
GoodReads is mainly a also social network, because users can follow the book reading activities and reviews by their friends. Details of the purchase weren't revealed, but Forbes columnist Jeff Bercovici said that it was "likely to have been in the low eight digits." Goodreads Autonomy Not Assured. Goodreads, founded in 2007, has more than 16m members, who have added more than four books per second to their "want to read" shelves over the past 90 days, according to Amazon.
"Amazon and Goodreads share a passion for reinventing reading," said Russ Grandinetti, Amazon Vice President, Kindle Content.
Goodreads' founding in 2007 coincides with the arrival of Amazon's Kindle, which turned the traditional business model of publishing upside down and made customers rethink how they purchase and store books. The purchase comes amid mounting rumors that Goodreads… Amazon on Thursday announced plans to acquire Goodreads, a site where readers can discover and share book recommendations. The acquisition is expected to … Markedly similar to Goodreads, Booklikes was a popular choice for former Goodreads members who left the platform shortly after the Amazon acquisition. 35 Replies on “ A Suggested Response to Amazon’s Acquisition of GoodReads ” Pingback: Amazon Has Acquired Goodreads | people who write. With the reach and resources of Amazon, Goodreads can introduce more readers to our vibrant community of book lovers and create an even better experience for our members.
Amazon Acquires Goodreads: World's Biggest Online Retailer Acquires Beloved Book Site Amazon is buying the web's largest online books community Goodreads , it was announced yesterday.
Now that the dust has, at least marginally, settled over Amazon’s acquisition of the social-media platform Goodreads, it seems sensible to touch on how such a change might affect a small press […]