News today that NewsCorp has bought Intermix for $580 Million,
the home of Myspace.com. Why should this be on Bitterman? Well, this
year bands have been streaming their new albums before release to 1)
test the waters and 2) give the kids a little something. They allegedly
have the 5th most page views on the internet and have some cred with
the kids.
Murdoch has his fingers in a lot of pies and
pleasantly goes from ever -so-slightly-right-leaning Fox News to FX's
Nip/Tuck, The Shield and Rescue Me without blinking as long as they
turn a profit. Blogging, Social Networking and Podcasting are new ways
of communicating which means that they are also ways to advertise and
Make Money. When the big boys come in they either screw it up or blow
the vibe... I don't know, maybe it's that part of me that loves knowing
about something before the housewife in Omaha... when things become
popular and homogenized, I usually bum out a bit... I'm still an off
the beaten path kinda guy.
2:25:48 PM
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