Slashdot Mirror
Fox to Purchase Myspace
jagger writes "News Corp announced on Monday that it has bought Intermix Media, owner of the popular MySpace.com social networking site, for $580 million. This follows an announcement by News Corp on Friday that it is creating an Internet division to hold the company's sports, news and entertainment sites." Update: 07/19 2:40EDT by C :Sorry about the copy errors, folks. They have been fixed.
Proper link:
It has bought Intermix Media, owner of Myspace.com, the fifth most-viewed internet domain in the US and owner of other sites for $580m.
When I saw this on Google News this morning, I was shocked to know that there was a domain out there that I have never visited yet it's the fifth most popular out there.
Why would other people be going to such a large site but not me? When I checked it out this morning I realized that it's nothing more than a "good looking" spam webportal.
$580000000 / 22064129 profiles (lower bound set by the number of "friends" "tom" has)
= $26.287010921664 / profile
Hopefully someone will convince people how stupid Fox is,
Rupert Murdock is *far* from stupid, and Fox isn't either. That's what makes them dangerous. They achieve their ultra-right propaganda by cunning punditry, subtle underdogging of (what they consider) "leftists", fast-paced bullshitting and a heavy usage of Goebbels motto: "repeat a lie often enough and it becomes the truth" (the "fair and balanced" crap).
People who don't know better believe Fox. The same people who think Saddam Hussein somehow was involved in 9/11. That's what makes them dangerous. If they were stupid, it'd be easy to expose them.
and get people to stop using MySpace. Oh, can you imagine it? A world without MySpace?
Uuh, I think the question on many people's minds is: wtf is MySpace? 'nuff said.
"A door is what a dog is perpetually on the wrong side of" - Ogden Nash
i agree with you. I keep in touch with most of my friends on it. It's kind of replaced most of my personal email. I've seen some really great bands off of it, hooked up off of it, threw some great parties, and gotten to know some really great people too. I run a book club off it too.
I originally got on it, because friendster was really buggy at the time, and my ex on the time was on it.
it's hilarious too in that I'll go to the bar, and see people I've seen on myspace, and we'll talk about it like it's some guilty pleasure. it's pretty funny when a girl you've never met tells you that they know you when they only know you from myspace.
but yeah, hopefully Fox recognizes that the brand is stronger than fox, and doesn't try to insert some of their coporate DNA into it.
(I'm 27 in case you were wondering )
This is going to be a problem for the thousands of bands (including mine) that uploaded 3 songs for myspace listeners to check out. They don't own our music.
Holy shit. Was this in the TOS all along? I don't personally care; I post no works on the site. But for the small-time musicians...am I correct in saying this was really not a big deal before, since MySpace didn't have any means of distributing the works they "own", but now that they have a media outlet behind them, they can use the works however they want AND have a good way to distribute and sell them? Please tell me I'm wrong on this one.
They changed the Terms of Service today. Perhaps it was because of this post?? Perhaps commenting on Slashdot goes further than we think?? It's funny cause I posted a bulletin about it on myspace and they deleted it. I'm surprised they can read all of them...It now says:
c. By posting any Content to the public areas of the Website, you hereby grant to MySpace.com the non-exclusive, fully paid, worldwide license to use, publicly perform and display such Content on the Website. This license will terminate at the time you remove such Content from the Website. You represent and warrant that: (i) you own the Content posted by you on the Website or otherwise have the right to grant the license set forth in this section, and (ii) your Content does not violate the privacy rights, publicity rights, copyright rights, or other intellectual property rights of any person. You agree to pay for all royalties and fees owing any person by reason of any Content you post on the Website.