Amazon Aquires Goodreads

Goodreads: Book reviews, recommendations, and discussion

It has been announced today that Amazon has acquired Goodreads. From the press release,

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.

How will this change the face of Goodreads, or will it change anything at all? A lot of people are excited about this news because it will mesh both book review worlds but others are worried about the integrity of the reviews on Goodreads now that it will be owned by Amazon. How do you feel about this development?

Read the announcement on Goodreads
Author (and reader) Rachel Bateman has written a wonderful blog post that sums up the fears a lot of authors and readers are having.