In an article on jackmyers.com, Magnify CEO Steve Rosenbaum tells a great anocdote involving a run in with Barry Diller to illustrate the rise of curation and consumer content. This is really worth a read whether you are a content creator or a business interested in using consumer generated content. (And as a bonus you get to see some of the awesome entries to the bicyling.com contest.)
http://www.jackmyers.com/commentary/media-business-bloggers/45421712.html