Top News:


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 and Digits
RELATED:


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


Warner Bros. Embraced Digital Future With Choice of Kevin Tsujihara as CEO … Editor-in-chief: TV — @Variety_Cynthia — Kevin Tsujihara is feeling the weight of his triumph. Eleven days into his tenure as CEO of Warner Bros., his inbox is still inundated with well wishers.


AP opens full news bureau in Myanmar — YANGON, Myanmar (AP) — The Associated Press on Saturday became the first international news agency to open a bureau in Myanmar since a reformist government took power two years ago and began relaxing restrictions on the media for the first time in decades.


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, @chrisdmasters, @dkiesow, PandoDaily, @gcompadre, @michaelwolf, @alexckaufman, @percival and New York Times
RELATED:


Texas Tribune expands its niche email business with In the Flow — The Texas Tribune is getting into the niche newsletter business. The Tribune's new twice-a-month newsletter, In the Flow, takes a look at water issues and related topics like droughts and fracking.
Discussion:
The Texas Tribune


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


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


New challenges for investigative journalism — Investigative reporting is the preferred scapegoat of the powerful when they have something to hide, writes Almeida. — Monica Almeida is the Quito editor of daily newspaper El Universo. She has worked for AFP in Paris and was a 2009 Nieman Fellow at Harvard University.


The Hollywood Reporter Apologizes to Deadline Parent Company, Settles Lawsuit — The Hollywood Reporter admitted to stealing code from Penske Media Corporation, parent company of rival publications Deadline Hollywood and Variety, as part of a recent settlement the two companies reached to end their year-and-a-half-old legal dispute.
Discussion:
Wall Street Journal, FishbowlLA and Variety

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.

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 and bookforum.com