CNET Buys Ziff-Davis
Pointwood writes "CNET buys rival Ziff-Davis for $1.6 billion. The story is here." Will the day come when there are just three major online news sources -- AOL.com, News.com, and MSN.com -- and all the rest (including Slashdot) are just barking dogs chasing their wheels? Or will enough new, independent sources spring up and gain enough readers (and credibility) to keep the biggies from getting too much power?
CNet is far from a "2 year old startup.."
CNet is at least 5 years old (they recently had an anniversary, but I can't find their link to the story), and they are one of, if not the, the largest online tech sources around. They als have significant resources and revenue streams. Don't believe me? They own news.com, computers.com, shareware.com, downloads.com, and builder.com. You don't just happen on these domain names. And you know what? Each of those domains is among the largest in its respective field.
CNet used to run these ads. the left hand side had a huge bodybuilder and it said "ZDNet in print." The right side had a skinny weakling and said "ZDNet online." They were right. The CNet site is larger, ahs more original content, and I believe has an order of magnitude greater page hits/day (I'm not so sure about that one, but I heard it somewhere). They just do it better online than ZDNet.
Their TV shows are better than ZDNet's too. I've actually talked to people who have seen CNet's, but I have yet to meet one who has seen ZDTV. This is far from scientific, but it has been my experience.
Anyway, I've been reading CNet for major tech news and to keep in touch with the "newbie"-er side of computers since it all started, about 4-5 years ago. They've come a long way, and have grown a tremendous amount.
Haven't you ever noticed that half the stories end with "[some major company such as intel] is an investor in CNet"? Seems lots of large companies have poured some cash into this "startup." Well, this startup has been doing it well since about '95 and has lots and lots of revenue and resources.
Until relatively recently, a buyout would be the other way around. Ziff-Davis was a large-scale cash machine, with print, web, and TV media, an educational presence, a successful trade show division (they put on N+I, Comdex, and Seybold among others). Not all the ventures were profitable, but they were an old-fashioned media conglomerate, with IDG their only serious competitor.
.com manages to buy up what's left of a formerly significant brand name for relatively short money. I assume it's mainly a stock deal, of course. It's remarkable (and not necessarily in a good way) how things have been distorted.
Then Z-D started spinning out businesses and taking on outside dollars as the Ziff family all cashed out. Today, most of the above-mentioned businesses are separate, and a money-losing
- -Josh Turiel
-- Josh Turiel
"2. Do not eat iPod Shuffle."
Arguably, Slashdot is not the useful news source it once was. It is no longer News for Nerds, but a Weblog with a Repetitive Agenda. Every time Microsoft does *anything* it gets a Slashdot headline. I'm not sure what the intention is. To show how big and dumb Microsoft is? To make Linux zealots even more full infuriated? Maybe it's true after all that the best thing about Linux is that it's not from Microsoft...
The other Slashdot favorite is "Misinterpreted Licenses and Other Knee-Jerk Responses to Corporate Moves." Lets see, we've had a mininterpretation of the Borland C++ license. Then there was the recent report of Corel selling off it's graphics assets, which turned out to be clip art libraries. Must I continue?
Then there are the attempts to rile the masses by telling them their freedom of speech has been taken away, though we're almost always talking about dumb trivia: "Hustler will be placed on a rack behind the counter instead on the bottom shelf between Pokemon World and Ranger Rick.
All in all, it's kind of silly.
Neither Ziff-Davis or C-Net has any credibility to speak of if you really look at what they say and there motives behind it. Either company will jump on whatever bandwagon is most convenient so the result of this merger really won't be a dilution of credible news on the internet.
I can't think of a mainstream computer rag that really has any credibility, online or in dead tree format. There are some decent specialist publications such as Dr. Jobb's Journal (or it was decent last time I checked, maybe its pulled a Byte and catered to the lowest common denominator).
Sites like slashdot are not in the same league as even Ziff-Davis or C-net however. Slashdot compiles stories from other companies, such as C-net or Ziff-Davis, and provides a forum for people to respond to.
If slashdot really wants to compete in that arena they would have to do a lot more mainstream journalism: more interviews, write-ups on new technology, product reviews etc. User comments would have to be secondary to the news.
There are some sites that do this fairly well within the narrow scope that they're interested in. It doesn't mean that slashdot needs to do this however, it really would no longer be slashdot. I've always viewed slashdot as a BBS more than a news source. There is occasionaly something to be learned but usually its from the commentary and not the 'news'.
The big three you mentioned up there are also incredibly american-biased news sources; something else that is of concern to those interested in independent news reporting.
Rock on the BBC Website and the BBC World Service!
Not perfect, but imho a slightly less skewed view of the world than most other reports.
and all the rest (including Slashdot) are just barking dogs chasing their wheels? /. as the dog that stops, smells the fire hydrant, and then tries to port Linux to it.
I've always viewed
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then it comes to be that the soothing light at the end of your tunnel is just a freight train coming your way
then it comes to be that the soothing light at the end of your tunnel is just a freight train coming your way