Myspace, Mergers & Acquisitions | featured news

News Corp. Unloading MySpace. So What's It Worth? A Timeline

News Corp. Unloading MySpace. So What's It Worth? A Timeline

News Corp. isn’t ready to pull the plug on MySpace just yet, but it is prepared to cut the cord. CEO Mike Jones told employees yesterday that the media conglomerate is “exploring strategic options” for the past-its-prime social network. That could mean a sale, a merger (Yahoo could be a candidate) or a spinoff. The last scenario is the most likely, reports The Wall Street Journal.

 

My Take on the Flixster Acquisition of Rotten Tomatoes

My Take on the Flixster Acquisition of Rotten Tomatoes

Like most, I originally thought News Corp was acquiring Flixster. Instead, it was Flixster acquiring Rotten Tomatoes. I think it's a great fit. Rotten Tomatoes's aggregated critics ratings combined with Flixster's user ratings, Rotten Tomatoes's premium content combined with Flixster's user-generated content. The combined audience of 30M worldwide uniques definitely puts them up there with Yahoo! Movies and Moviefone, the second and third largest movie sites on the web respectively. IMDB is number one, by far. And it's gonna be tough for Flixster/RT to surpass them. When you search for a movie or celebrity, IMDB is usually the first result on Google (and other search engines); and that's the main reason for its dramatic growth in the last couple years. If Flixster/RT can become a more authoritative source than IMDB and surpass its rankings in search engines, then it can become numero uno. If not, being number 2 ain't bad.

 

Photobucket To Be Valued At $60 Million In Sale To Ontela

Lots more details are coming in on the Photobucket fire sale by MySpace/News Corp. The sale is all but complete, say new sources.

 

Breaking: MySpace Close To Acquiring iLike For $20 Million

MySpace is close to acquiring popular social music service iLike, we've confirmed with multiple sources. The deal, which should close this week, will be MySpace's first acquisition since new CEO Owen Van Natta took control of the company in April 2009.

 

Subscribe to this RSS topic: Syndicate content