On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1360 AM Northeast, WI 97.5 FM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
61° Feels Like: 61°
Wind: SE 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 77°

Tonight

Mostly Cloudy 60°

Tomorrow

PM Thunderstorms 78°

Alerts

Amazon plans to buy social network for book fans

A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. REUTERS/Rick Wilking
A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. REUTERS/Rick Wilking

(Reuters) - Amazon.com Inc said on Thursday it plans to acquire the book recommendation website, Goodreads.

In buying Goodreads, Amazon gets a community of bibliophiles primed to buy and recommend books - one of its key areas of business.

"Goodreads has helped change how we discover and discuss books and, with Kindle, Amazon has helped expand reading around the world," Russ Grandinetti, Amazon vice president, Kindle Content, said in a release.

Based in San Francisco, Goodreads is a social network site that lets bookworms catalog and review books. Co-founded by Otis Chandler, whose family once published the Los Angeles Times, Goodreads has more than 16 million members, who have generated more than 23 million reviews.

"We're looking forward to inspiring greater literary discussion and helping more readers find great books, whether they read in print or digitally," Chandler, who also serves as CEO of Goodreads, said in a statement.

Terms of the deal, expected to close in the second quarter, were not disclosed.

(Reporting by Jennifer Saba in New York; Editing by Jan Paschal)

Comments