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Just got this press release:

http://phx.corporate-ir.net/phoenix.zhtml?c=176060&p=irol-newsArticle&ID=1801563&highlight=

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."
 

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http://www.goodreads.com/blog/show/413-exciting-news-about-goodreads-we-re-joining-the-amazon-family?utm_source=facebook.com&utm_medium=editorial&utm_campaign=gatsby&auto_login_attempted=true

Excerpt from article:
Today I'm really happy to announce a new milestone for Goodreads: We are joining the Amazon family. We truly could not think of a more perfect partner for Goodreads as we both share a love of books and an appreciation for the authors who write them. We also both love to invent products and services that touch millions of people.

I'm excited about this for three reasons:

1. 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.
2. Our members have been asking us to bring the Goodreads experience to an e-reader for a long time. Now we're looking forward to bringing Goodreads to the most popular e-reader in the world, Kindle, and further reinventing what reading can be.
3. Amazon supports us continuing to grow our vision as an independent entity, under the Goodreads brand and with our unique culture.

It's important to be clear that Goodreads and the awesome team behind it are not going away. Goodreads will continue to be the wonderful community that we all cherish. We plan to continue offering you everything that you love about the site-the ability to track what you read, discover great books, discuss and share them with fellow book lovers, and connect directly with your favorite authors-and your reviews and ratings will remain here on Goodreads. And it's incredibly important to us that we remain a home for all types of readers, no matter if you read on paper, audio, digitally, from scrolls, or even stone tablets.
 

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I'm not sure I like this idea. I wonder if it means Goodreads will now import reviews from Amazon or Amazon from Goodreads? I hope not, since I prefer them seperate.
 

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Wow indeed. My head is about to explode.

Is this good? Not good? What does this mean for US?! (to be KBoard-centric about it)

ETA: ah, Michael and the doctor explained it.  ;)
 

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I think the Goodreads reviews will be kept separate from the Amazon reviews, rather than imported.

But I wouldn't be surprised to find all the book links going to Amazon versions, rather than to other sites.

David
 
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