Mediagazer: Generation Mooch? Why 20-somethings have a hard time paying for content (Eliza Kern/paidContent)

2:40 PM ET, March 30, 2013

Top News:

Tim Carmody / The Verge:

Goodreads is no Instagram: Amazon paid about $150 million — Estimates of the company's billion-dollar purchase price were sadly misguided — Terms of Amazon's acquisition of Goodreads haven't been disclosed, but that won't stop people from speculating. Bloomberg Businessweek put forward …

Discussion: AllThingsD, Digits, Forbes, Thad McIlroy and WebProNews

Jeff John Roberts / paidContent:

Authors Guild warns of monopoly in Amazon's purchase of Goodreads — The literary world gasped on Thursday when Amazon announced it had acquired Goodreads, a popular social networks that lets book lovers connect and share reviews with one another. The deal gives Amazon control …

Discussion: The Authors Guild, GalleyCat, Forbes, The Huffington Post, WebProNews and paidContent

Kyle Stock / Businessweek:

Rampant Speculation: How Much Did Amazon Pay for Goodreads? — Valuing a social network is part art, part science, and part nonsense, but the spectrum has narrowed a bit in the past couple of years as sites like Pinterest and Twitter closed financing rounds and companies like LinkedIn hit public markets.

Discussion: Betabeat, Business Insider, ZDNet, LA Observed, PandoDaily, @chrisdmasters, @dkiesow, New York Times, @gcompadre, @michaelwolf, @alexckaufman, @percival and goodreads.com

Ryan Chittum / Columbia Journalism Review:

BusinessWeek's billion-dollar boo-boo — A poor piece spreads bogus news about Amazon's Goodreads acquisition — Bloomberg BusinessWeek makes itself look silly today, running a speculative piece on how much Amazon paid for its latest acquisition, Goodreads. — Here's the headline:

Discussion: Businessweek

Eliza Kern / paidContent:

Generation Mooch? Why 20-somethings have a hard time paying for content — I distinctly remember learning how to read, and it wasn't from a book or in a kindergarten classroom. — It was sitting at the breakfast table with my Dad every morning, when we would read the weather section of the Washington Post.

Discussion: New York Times and TeleRead

Caroline O'Donovan / Nieman Journalism Lab:

Tuesday Q&A: Amanda Zamora on participation metrics, deeper engagement, and why ProPublica is heading to Reddit — When Amanda Zamora left The Washington Post for ProPublica last year, she said wanted to get back to her true love — social media. She also saw it as an opportunity to step …

Karen Rothmyer / Columbia Journalism Review:

Kenya: a public editor learns her value — Shortly after I became the Kenya Star's public editor in early 2011, the paper published a story under the headline “Police move to stop sex party at Muliro Garden,” about the sorry state of a park in one of Kenya's outlying towns.

Emma Bazilian / Adweek:

New York Magazine Launches Enhanced iPad App — New York magazine is finally scrapping its digital replica app and launching a new interactive version of its weekly print magazine that was created with digital design agency The Wonderfactory and uses the Mag+ platform.

Discussion: Mobile Marketer Media

Jake New / Wired Campus:

Journal's Editorial Board Resigns in Protest of Publisher's Policy Toward Authors — [Updated (3/27/2013, 12:46 p.m.) with reaction from Taylor & Francis Group.] — The editor and the entire editorial board of the Journal of Library Administration have resigned in response to a conflict …

Discussion: Feral Librarian, bookforum.com, Above the Law and Boing Boing

Greg Sandoval / The Verge:

Biting the hand that feeds you: why are record labels fighting Pandora? — Labels want streaming and web radio to grow the pie, but want their share too — A few years ago, leaders from the major record companies planted the seeds from which they hoped would spring the next generation of music distributors.

Discussion: Forbes, Electronista, 9to5Mac, The Drum, BGR, Softpedia News, App Advice, MacRumors and A VC

Brian Stelter / New York Times:

NPR to End ‘Talk of the Nation’ — BOSTON — NPR is ending the 21-year-old call-in radio show “Talk of the Nation” and encouraging local stations to replace it with an expanded version of “Here and Now,” an afternoon newscast that is produced here. — The plan, announced Friday …

Discussion: NPR, Poynter, Talking Biz News, LA Observed, The Huffington Post, Yahoo! News, NPR, Politico and The Wrap

Michael Malone / Broadcasting & Cable:

Nexstar Signs Letter of Intent for CCA Stations — Parties agree on $275 million for station group — Nexstar has signed a letter of intent to acquire the Communications Corp. of America (CCA) stations for $275 million, according to sources with knowledge of the negotiations.