Here's a look at what's buzzing in the book world today:
Amazon buys Goodreads: Online retail giant Amazon has acquired Goodreads, a social reading site that features user-generated book reviews and currently has more than 16 million members.
In an announcement on its website, Goodreads CEO Otis Chandler wrote that Goodreads would remain an independent entity and that the acquisition will allow for a more integrated experience on Kindle platforms. Users presented mixed feelings toward the deal in more than 1,450 comments on the page:
- Cathy: "So another good site succumbs to the lure of the big name...I hope the original purpose of Goodreads won't be lost. If it is, I'll return to pencil/paper to record my reading."
- Joanna: "Awesome news. Can't wait to see what kind of integration this will produce. Would be nice to be able to sync the books on my kindle with GR automatically :)"
- Mustafa: "I get it, you need money. But I hope Amazon does not hinder the ability to buy books from other sites and prevent competition."
One thing's for sure: The acquisition makes Amazon that much more powerful in the publishing world. On Wired, Marcus Wholsen explains how self-published authors' success on Amazon cuts out traditional publishers -- an indie success story driven by an even larger force. Forbes brings up how Goodreads and Amazon could pose a threat to e-commerce-book discovery site Bookish.
TechCrunch recalls when Goodreads switched from Amazon to Ingram as the primary source of its book data because Amazon "came with many restrictions." And The Washington Post's headline? "Goodreads? Amazon? Nooooo!" Salon reports that "a shudder went through the entire world of publishing Thursday afternoon." Recording more of the reaction, The New York Daily News rounds up some of yesterday's tweets.
In other news...
Aboard with Atwood: A Margaret Atwood cruise? Okay. The best-selling author will be aboard the Aug. 15 sailing of the Queen Mary 2, where she'll preview her new book MaddAddam.
Basquiat book: Alexis Adler, an ex-girlfriend of the late iconoclastic artist Jean-Michel Basquiat, is reportedly planning to publish a book that will include "secret murals" Basquiat created on the walls and doors of her apartment, as well as unseen photos, sketches and notes.
How annoying: From YouTube to Cartoon Network to books, Annoying Orange is taking over! HarperCollins has acquired rights to The Collective's Annoying Orange, the star of YouTube viral videos. Plans include a series of joke and storybooks. Annoying Orange: How to Be Annoying is due out this fall.
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