Ina Fried

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Amazon Buys Book Recommendation Site Goodreads

Seeing natural synergies with its bookselling business, Amazon on Thursday said it was buying recommendation site Goodreads.

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“Goodreads has helped change how we discover and discuss books and, with Kindle, Amazon has helped expand reading around the world,” Amazon VP Russ Grandinetti said in a statement. “Together we intend to build many new ways to delight readers and authors alike.”

Amazon didn’t disclose the terms of the deal, but said it should close in the second quarter. Goodreads will keep its San Francisco offices, Amazon said.

It’s not the first time Amazon has bought a social book site. Back in 2008, the company acquired Shelfari.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald