You may already know that Rupert Murdoch’s megacorporation, NewsCorp, owns such wonderfully pervasive media outlets as Fox (TV and Film), The New York Times, several UK newspapers, and related ventures. What was news to me is that NewsCorp also owns MySpace.com.
Bear with me, here. I don’t know much about MySpace at all. I’ve only been to the site twice ever. I really don’t have any interest in it. The headline “The MySpace Economy” caught my eye, so I had to check it out. Forbes (via Wired) is reporting about the myriad businesses that have sprung up to cater to (and advertise to) MySpace users.
I wanted to share some of the interesting facts that I learned about the site:
- “Tens of millions” of users
- Bought by Murdoch for $580mil
- Currently raking in an estimated $13mil MONTHLY
If you don’t know much about NewsCorp, CJR has a great page that simply lists what they own.
And if you’re looking for my opinion, MySpace is still garbage, and NewsCorp is dangerously ubiquitous.
Post a Comment
You must be logged in to post a comment.