Amazon buys Goodreads. Will this devalue the site?

Yesterday, Goodreads announced it had been bought out by Amazon, a deal which goes into effect in the second quarter of this year. Many authors may remember the squabble last year when Amazon ended Goodreads’ practice of pulling data from the Amazon website to provide book information to Goodreads users; now, of course, it’s likely we’re going to see the exact opposite: only information from Amazon populating the Goodreads site. What will this mean for indie authors, and publishers in general? In my opinion this move devalues the Goodreads site Read More …