Get LISNews via email! Enter Your Email Address:
SEATTLE--(BUSINESS WIRE)--Mar. 28, 2013-- Amazon.com, Inc. (NASDAQ:AMZN) today announced that it has reached an agreement to acquire Goodreads, a leading site for readers and book recommendations that helps people find and share books they love.
“Amazon and Goodreads share a passion for reinventing reading,” said Russ Grandinetti, Amazon Vice President, Kindle Content. “Goodreads has helped change how we discover and discuss books and, with Kindle, Amazon has helped expand reading around the world. In addition, both Amazon and Goodreads have helped thousands of authors reach a wider audience and make a better living at their craft. Together we intend to build many new ways to delight readers and authors alike.”
“Books – and the stories and ideas captured inside them – are part of our social fabric,” said Otis Chandler, Goodreads CEO and co-founder. “People love to talk about ideas and share their passion for the stories they read. I’m incredibly excited about the opportunity to partner with Amazon and Kindle. We’re now going to be able to move faster in bringing the Goodreads experience to millions of readers around the world. We’re looking forward to inspiring greater literary discussion and helping more readers find great books, whether they read in print or digitally.”
“I just found out my two favorite people are getting married,” said Hugh Howey, best-selling author of WOOL. “The best place to discuss books is joining up with the best place to buy books – To Be Read piles everywhere must be groaning in anticipation.”
Following the acquisition, Goodreads’s headquarters will remain in San Francisco, CA. Founded in 2007, Goodreads now has more than 16 million members and there are more than 30,000 books clubs on the Goodreads site. Over just the past 90 days, Goodreads members have added more than four books per second to the “want to read” shelves on Goodreads. -- Read More
Two industry groups argue that the retailer's plan to control several generic top-level domains, including .book, .author, and .read, would be anti-competitive.
After several well-publicized cases involving writers buying or manipulating their reviews, Amazon is cracking down. Writers say thousands of reviews have been deleted from the shopping site in recent months.
Amazon has not said how many reviews it has killed, nor has it offered any public explanation. So its sweeping but hazy purge has generated an uproar about what it means to review in an era when everyone is an author and everyone is a reviewer.
A fiery Jeanette Winterson has called for the hundreds of millions of pounds of profit which Amazon, Starbucks and Google were last week accused of diverting from the UK to be used to save Britain's beleaguered public libraries.
In an impassioned speech at the British Library this evening, the award-winning author of Oranges Are Not the Only Fruit said: "Libraries cost about a billion a year to run right now. Make it two billion and charge Google, Amazon and Starbucks all that back tax on their profits here. Or if they want to go on paying fancy lawyers to legally avoid their moral duties, then perhaps those companies could do an Andrew Carnegie and build us new kinds of libraries for a new kind of future in a fairer and better world?"
Winterson was referring to the meeting at parliament's public accounts committee last Monday which saw executives from the three companies vigorously quizzed by MPs over their tax affairs, and accused of diverting UK profits to tax havens. Her lecture was to mark the 10th anniversary of the independent charity The Reading Agency, and was attended by fellow authors including David Nicholls, Julian Barnes, Joanna Trollope and Sarah Waters.
Earlier this year the two companies signed a licensing agreement whereby Amazon Publishing acquires, edits, markets and publicizes books that are then distributed by Houghton Mifflin Harcourt’s sales force, according to Alexandra Woodworth, a publicist for Amazon/New Harvest. The partnership was an effort to woo bookstores into stocking Amazon-published books. But many booksellers are balking.
“Amazon has not been a very cooperative fellow bookseller in any fashion,” LaFramboise said. “They pretty much want nothing more than our demise.”
From NBC Technology:
"Two weeks ago my Kindle started showing stripes on the screen and I contacted Amazon support," Linn Jordet Nygaard told NBC News. "Someone immediately found the Kindle in the system and told me they would replace it free of charge. They could only ship the replacement to UK because it was originally purchased there, and I told them I would find an address the next day. (I live in Norway, but have a friend who lives in London.)"
Nygaard was pleased with Amazon's prompt service, she told us, even though this was her second Kindle to fall victim to "stripes" on the ePaper screen.
But when Nygaard attempted to log into her Amazon account the next day, her account was suspended — and with it access to her library of 43 books. More from NBC Technology.
Further to our previous story on a Kindle reader's library being wiped by Amazon, Stephen K. has posted an update (as comment), which deserves to be its own story.
From Computer World UK Simon Phipps continues the saga of Linn, the Norwegian individual who purchased a Kindle in the UK.
The story first emerged on a friend's blog, where a sequence of e-mails from Michael Murphy, a customer support representative at Amazon.co.uk were posted. These painted a picture some interpreted as Amazon remotely erasing a customer's Kindle, but in conversation with Linn I discovered that was not what had happened - something just as bad did, though.
Linn lives in Norway, where Amazon does not operate (Amazon.no redirects to the Amazon Europe page). She bought a Kindle in the UK, liked it and read a number of books on it. She then gave that Kindle to her mother, and bought a used Kindle on a Danish classifieds site to which she transferred her account. She has been happily reading on it for some time, purchasing her books with a Norwegian address and credit card. She told me she'd read 30 or 40 books on it.
Sadly, the device developed a fault (actually a second time, it was also replaced in 2011 for the same reason) and started to display black lines on the screen (something I've heard from other friends as it happens). She called Amazon customer service, and they agreed to replace it if she returned it, although they insisted on shipping the replacement to a UK address rather to her in Norway.
More from Computer World UK.