Goodreads acquired by Amazon

I thought this warranted a special blog post this afternoon because of the ripple that it’s having throughout the publishing world right now. Amazon has announced that they have acquired social book site Goodreads for an undisclosed amount of money. The San Francisco based company is said to be retaining their staff and headquarters for now.

This increases Amazon’s behemoth reach into the publishing industry and adds to the leverage that they already have with their publishing arm and their audio book company, Audible.

My first thought:

[Wonder if this means that Goodreads will only link to Amazon listings now rather than kobo, bn, etc?]