Top News:
Craig Mod / paidContent:
The deal Goodreads should've struck (hint: it wasn't with Amazon) — In my dream team, fantasy publishing startup league, I would have had Goodreads buy Readmill. Here are two startups with similarly overlapping problems. I understand why Amazon bought Goodreads, and why Goodreads sold itself to Amazon.
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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 and WebProNews
Tim Carmody / The Verge:
Goodreads is no Instagram: Amazon paid about $150 million
Goodreads is no Instagram: Amazon paid about $150 million
Discussion:
Digits and AllThingsD
Cynthia Littleton / Variety:
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.
Associated Press:
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.
Rebecca Shapiro / The Huffington Post:
NY Times Changes Yvonne Brill Obituary After Criticism — The New York Times responded to a chorus of critics on Saturday after it published an obituary about a famed female rocket scientist that led with her accomplishments as a wife and mother. — Yvonne Brill died on Wednesday at the age of 88.
Discussion:
New York Times, The Wrap, BuzzFeed and Pressing Issues
Monica Almeida / Al Jazeera English:
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.
Justin Ellis / Nieman Journalism Lab:
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 Times:
Egypt Orders Arrest of Satirist Over Skits on Islam and Morsi — CAIRO — Egypt's public prosecutor on Saturday ordered the arrest of a popular television satirist on charges that included insulting President Mohamed Morsi and denigrating Islam, a state news agency reported …
Discussion:
Al Jazeera English
Ted Johnson / Variety:
It's Big TV vs. Big Telecom Over Broadcast Spectrum … The government's plan to auction off broadcast spectrum to expand wireless services has pitted Big TV against Big Telecom at the FCC and in the halls of Congress. Some say the nation is facing an apocalyptic capacity crunch due …
Caroline O'Donovan / Nieman Journalism Lab:
At The Wall Street Journal, a smartphone app has reporters on board for shooting video — The text-based web is dead, says Michael Downing. When AOL CEO Tim Armstrong announced his intention this month to transform the company into a platform for video, Downing heard a death knell — one he's been expecting for some time.
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
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
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:
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Kyle Stock / Businessweek:
Rampant Speculation: How Much Did Amazon Pay for Goodreads?
Rampant Speculation: How Much Did Amazon Pay for Goodreads?
Discussion:
Betabeat, Business Insider, ZDNet, LA Observed, @chrisdmasters, @dkiesow, PandoDaily, @gcompadre, @michaelwolf, @alexckaufman and @percival