Welcome to the MacNN Forums.

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

You are here: MacNN Forums > News > Tech News > Amazon-Goodreads deal quashed Apple iBookstore plans, say sources

Amazon-Goodreads deal quashed Apple iBookstore plans, say sources
Thread Tools
MacNN Staff
Join Date: Jul 2012
Status: Offline
Reply With Quote
Apr 18, 2013, 05:08 PM
 
Amazon's buyout of Goodreads in late March also had the effect of derailing Apple plans for the iBookstore, say Wall Street Journal sources. During the past year, Apple and Goodreads reportedly discussed integrating Goodreads content into the iBookstore, namely in the form of displaying user reviews and ratings. The scheme would've echoed the way Rotten Tomatoes ratings are presented alongside movies on iTunes.

Despite the amount of time involved, talks are said to have made little progress. Last month, Apple is said to have tried to revive its efforts, but been mystified when executives at Goodreads went silent. The Journal sources explain that Amazon had already shown interest in buying Goodreads, and that the latter had reciprocated, complying with an Amazon demand to stop talking to other companies while a deal was finished. The resulting arrangement could ultimately cost Amazon over $200 million, assuming certain metrics are met.

Around the same time, an Apple official not involved in the iBookstore talks allegedly contacted Goodreads to see if it was interested in other options. The offer was declined.

Apple and Amazon have become increasingly competitive with each other. While Amazon was once known simply as an online mall specializing in books, it has since branched out into selling MP3s, video, Android apps, and tablets. The company is even rumored to be working on a phone, which could present a challenge for the Apple iPhone.
( Last edited by NewsPoster; Apr 18, 2013 at 05:38 PM. )
     
   
Thread Tools
Forum Links
Forum Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Top
Privacy Policy
All times are GMT -4. The time now is 09:10 AM.
All contents of these forums © 1995-2014 MacNN. All rights reserved.
Branding + Design: www.gesamtbild.com
vBulletin v.3.8.8 © 2000-2014, Jelsoft Enterprises Ltd., Content Relevant URLs by vBSEO 3.3.2