Amazon.com is purchasing AbeBooks. As a long-time industry-watcher, I think this is pretty big news, certainly the most significant acquisition in the online used/rare book space to date—and yet not a lot may change.
When AbeBooks acquired BookFinder.com, there was some concern from well-wishers that they’d shut us down or make us skew our results—but neither happened, or was even an option. We’re still a small independently-managed operation, but now with more resources to draw upon.
It’s interesting seeing AbeBooks go through the same process as we did, but with Amazon.com. I know enough about the deal to be very confident that AbeBooks will follow a similar model: being run independently, but with the ability to draw on Amazon.com for help when they need it. And as for BookFinder.com? For better or for worse, the change doesn’t impact us at all. (Though personally, I wouldn’t mind if we got some free Audible subscriptions out of all this.)
From AbeBooks and Amazon.com:
Reactions from AbeBooks friends and family:
In the media:
- Seatle Post-Intelligencer blog
- Victoria Times-Colonist
- Vancouver Sun
- Motley Fool
Posted by Anirvan