Amazon and Goodreads

Amazon’s acquisition of Goodreads is getting quite a bit of press right now. I was called a few hours before the announcement and told that it was coming. The first thing that blurted out of my mouth was: “This is like finding out my mom is marrying that cool dude next door that I’ve been palling around with.” The person on the other end of the line laughed and asked if they could use that in the press release. I typed up a version and included it was.


I understand that there will be a lot of hand-wringing over the acquisition. To many, Amazon is an evil corporation hellbent on destroying the world. They have made these intentions clear by paying authors a shitload and fighting to lower the price of books for readers. I think we can all agree that authors and readers are scum, and this preferential treatment on the part of Amazon should be looked at with complete distrust.


The reality is that everyone I know at Amazon, from top to bottom, loves books. They love readers. They love authors. I think this permeates the company because of the passion Jeff Bezos holds for all things book. He has made it a goal to get more people reading and more people writing than at any time in human history. Because of Amazon (largely Amazon), more people are making a living at writing than ever before. Because of Amazon (largely Amazon), books are more affordable than ever before.


There’s a false assumption out there that the book industry is waging internal battles. I saw this during my book tour, as conversations about self vs. traditional and indie bookstore vs. B&N and e-book vs. print and paperback vs. hardback flew and raged. Meanwhile, most of the people in the cities I visited strolled by bookstores without glancing inside. Most of the people in the airports weren’t reading. We are fighting amongst ourselves while the real battle is ignored.


There are more ways to entertain oneself now. Ways that consume less effort, time, and money. You can read Facebook all day for free (internet and cell-phones being as much a necessity as power and water these days). You can watch TV, play videogames, walk your dog, or a billion other things. Our war is to get more people reading (and writing, but that’s more my war, I think). Amazon and Goodreads have been fighting that war. If anyone thinks the fighting has been between them, I don’t know that they’ve looked up from their books and studied the landscape.


Yes, the publishing industry is going through some changes. Bookstores are getting squeezed, and that’s sad. But the bookstores that add to the reading and writing experience are doing well (indie bookstores are up 8%). The bookstores that are hellbent on carrying more boardgames and fewer books aren’t doing as well. It’s good to keep in mind that consumers are driving these changes. Just as record stores closed, so are bookstores feeling the digital crunch. Blaming whatever company caters to our demand seems odd to me.


Another group getting the squeeze are the publishers. Note that it’s the middlemen, the distributors, that are hurting. The reader and author are benefiting. So when we say that the new regime is hurting the book industry, we are saying that authors should earn less and readers pay more so that people in the middle can pay Manhattan and High Street rent. That we’ve allowed the PR machines to shape the debate thusly seems surreal to me. I’m sad for all the travel agents who have had to find new jobs, but I love my ability to search for flights, book them, and print my boarding pass from home. The new world rocks. I wish the change wasn’t painful for some while it improves the lives of most, but that’s what happens.


I can think of a dozen ways this acquisition might make my life better as both a reader and an author. Right now, I spend a lot of time on both sites in both capacities. My guess is that we won’t see many changes at all. I’m betting that the real acquisition here is all the data behind the scenes. The algorithms that tell me what to buy (and almost always nail it) are going to get better. The social networks that feed my reading habit are going to get stronger. The people who helped make Goodreads awesome are going to get richer. And the people at Amazon, who I have gotten to know this past year and who to a man and woman love the fuck out of some books, are going to keep trying to get the right ones in the hands of readers.


Hell yeah. So many ways this can be good for all involved. I’m still trying to think of a way it could suck.


 

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Published on March 28, 2013 16:13
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message 1: by N.E. (new)

N.E. White I will wait to see how it plays out before passing judgement. At the moment, it is a bit of shock. Thanks for your thoughts.


message 2: by Hugh (new)

Hugh Howey If IMDB and Shelfari are any guide, the people who run Goodreads will be allowed to continue running it.


message 3: by Gea (new)

Gea I hope you are right about Amazon and Goodreads. It just feels weird. Goodreads seems pure. Amazon is such a huge capitalistic machine. I hope it doesn't taint the maiden.


One Man Book Club Amen Amen Amen! I've been waiting for this for a long time. Thank you Amazon and Goodreads, my two favorite places!


message 5: by Mimi (new)

Mimi LibraryThing has also remained the same with Amazon at the reins. I don't think it will be a problem here either.


message 6: by Kris (new)

Kris Spot on, Hugh! I would counter only one statement, "To many, Amazon is an evil corporation hellbent on destroying the world." I just don't think that's actually true. Early this year, Amazon was reconfirmed as being on the top for customer satisfaction as reported in this Forbes article and others: http://www.forbes.com/sites/louiscolu...

Amazon's employee satisfaction appears to have room for improvement, but for as big a company as Amazon is, they have a surprisingly sound loyalty base. Don't bash the big guy - he's a gently giant. (And I'm just one of those loyal customers AND Goodreads fans).


message 7: by Kara (new)

Kara if an avid reader who is ALSO a brilliant author thinks the acquisition is great then who the hell am I to disagree?! thank you for your thoughts!!


message 8: by Jan (new)

Jan Hugh wrote: "If IMDB and Shelfari are any guide, the people who run Goodreads will be allowed to continue running it."

I totally agree Hugh.


message 9: by Stephanie (last edited Mar 29, 2013 10:21AM) (new)

Stephanie Sun For once I disagree with you, Hugh. Even though I agree that Amazon and Goodreads have been the most innovative and forward-thinking tech companies in books, a healthy online community is a delicate thing. You can do everything right and still fail. Goodreads found a rare sweet spot 1-2 years ago, and doesn't seem to appreciate how fragile its hold on that sweet spot is.

Argh, I'm so worried I'm mixing metaphors.

The world is also littered with once healthy online communities that fell apart after acquisition: Television Without Pity, MySpace, etc.


message 10: by Thomas (new)

Thomas Amazon has single-handedly killed the small bookstores that once dotted our high streets. And they do so still, while avoiding significant levels of tax, something small book sellers cannot do.


message 11: by Josh (new)

Josh I think this is going to be great for everyone who loves to read. I hear people saying that amazon killed the small bookstore. Not true. Technology killed the small bookstore.


message 12: by Hugh (new)

Hugh Howey Josh wrote: "I think this is going to be great for everyone who loves to read. I hear people saying that amazon killed the small bookstore. Not true. Technology killed the small bookstore."

Actually, the small bookstores are doing quite well here in the States. It's the big bookstores that are going out of business. Indie bookshops are up 8% year-on-year. :)


message 13: by Josh (new)

Josh Hugh wrote: "Josh wrote: "I think this is going to be great for everyone who loves to read. I hear people saying that amazon killed the small bookstore. Not true. Technology killed the small bookstore."

Actual..."


oh damn, nice! heh, what do I know.


message 14: by Hugh (new)

Hugh Howey Josh wrote: "oh damn, nice! heh, what do I know. "

Hey, I just found out a few weeks ago. Publishers Weekly reported it.


message 15: by Karen (new)

Karen Well said Hugh, sometimes people's knee jerk reactions to hearing about a corporate aquisition need to be put on hold. I can see how this one can benefit so many.


message 16: by Eric (new)

Eric I hope you are right!


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