Myspace bought by NewsCorp (Fox News owner) - Sitcoms Online Message Boards

robyrob · 07-20-2005, 08:20 PM

Myspace has been bought out by NewsCorp (Fox News owner) for over 580 million dollars.

http://blogcritics.org/archives/2005/07/19/133937.php

Get ready for more fox ads...

Quote:

Almost out of nowhere, MySpace has eclipsed Friendster and Orkut as the premier internet destination for the youth generation. But could corporate control ruin this runaway success?

Los Angeles-based MySpace is what's known as a "social networking" site. Members log on, create a profile, and seek "friends" who match their interests and personalities. On MySpace, users can comment on other member pages, add pictures, and invite their internet friends to events and groups. Users also have the ability to post blogs.

Rupert Murdoch's News Corp (owner of Fox News and other entertainment sites) has bought MySpace for over $580 million dollars in cash. The site will become the cornerstone of the newly created Fox Interactive Media unit.

The appeal of MySpace is simple. It's created for the people and by the people. It's not the creation of some 40 year old Madison Avenue marketing whiz as an attempt to break into the youth market. Although corporations such as Warner Music and NBC Universal have a presence on the site, the heart of MySpace is its people, who range from Afropunks to certified racists, to models. Unlike some sites, MySpace has still sought to be true to the people who are the core of their business.

MySpace got its start in the LA entertainment industry and it is very easy for artists to distribute and promote their music on the site. Unlike some sites like Garageband and MP3.com, MySpace free and easy to use. In fact, MySpace has eclipsed MTV has a music destination. Former Smashing Pumpkins front man Billy Corogan says, "now that MySpace is here, bands don't necessarily need a label to be heard."

The demographic trends of MySpace make it a very lucrative site for the everyday billionaire. The site receives almost 14 million unique visitors a month. Also, many kids in the coveted 18-25 demographic are shunning television and spending more and more of their time on the Internet. Couple this with the fact that a member can spend up to 3 hours on MySpace (as well as visiting the site many times a day), and you have a suitable platform for advertisers and marketers alike.

But if there is too much change and corporate control, the hundreds of thousands of members who are on MySpace will most likely resist.

News Corp hasn't detailed their future plans for the site, but I wouldn't doubt that they will try to introduce a "premium" pay service or maybe even a music download service similar to iTunes or Napster to Go. You'll definitely see more Fox shows being promoted on MySpace. However, the biggest fear of many members is that Myspace will try and censor cuss words and lewd pictures.

Courtnee · 07-20-2005, 08:23 PM

great

L&OFan4Eva · 07-20-2005, 08:33 PM

Oh god, why does every independent thing on earth have to be bought out by companies?

Hollow · 07-20-2005, 08:37 PM

Quote:

However, the biggest fear of many members is that Myspace will try and censor cuss words

go ahread and try, you little bitches. you'll never stop me. i still know how to easily get past the censors on this board using only text, even though an attempt has been made to filter the filtered filters by filtering the [b] filter.

i've been registered on that site since april 2004 so that proves i'm not just jumping on the myspace bandwagon. haaa haaa.

Karen* · 07-20-2005, 08:39 PM

That sucks. -_-

EmoJoe · 07-20-2005, 08:49 PM

Karen* · 07-20-2005, 08:51 PM

If this completely ruins MySpace, I will be pissed. I will PROTEST!

TheGreatPretender · 07-20-2005, 09:12 PM

Nooooooooooooooooo.

vienna waits · 07-20-2005, 09:38 PM

myspace is gae.

Karen* · 07-20-2005, 09:42 PM

Quote:

Originally Posted by vienna waits

myspace is gae.

Courtnee · 07-20-2005, 09:42 PM

Quote:

Originally Posted by Time After Time

EmoJoe · 07-20-2005, 09:49 PM

If they make you pay for it then I'm leaving

PZelda · 07-20-2005, 09:56 PM

Quote:

Originally Posted by vienna waits

myspace is gae.

LiveJournal 0wnz j00. pissed:

Hollow · 07-20-2005, 10:27 PM

Quote:

Originally Posted by Maroon5'd

If they make you pay for it then I'm leaving

no doubt about that.

EmoJoe · 07-20-2005, 10:36 PM

Quote:

Originally Posted by PZelda

LiveJournal 0wnz j00. pissed:

Myspace has so much more than Livejournal

07-20-2005, 08:23 PM	#2
Courtnee MAN VS SAMMICH. Forum Star Join Date: Mar 23, 2005 Location: Louisiana Posts: 16,413	great
	__________________ Whether I'm the rose of sheer perfection A freckle on the nose of life's complexion The Cinderella or the shine apple of its eye I gotta fly once, I gotta try once, Only can die once, right, sir? Ooh, life is juicy, juicy and you see, I gotta have my bite, sir. Get ready for me love, 'cause I'm a "comer" I simply gotta march, my heart's a drummer Don't bring around the cloud to rain on my parade

07-20-2005, 08:39 PM	#5
Karen* paradox. Forum Superstar Join Date: Jan 08, 2005 Location: San Francisco, CA Posts: 28,365	That sucks. -_-
	__________________ karen on \| twitter \| tumblr

07-20-2005, 08:49 PM	#6
EmoJoe Cool cool cool Forum Addict Join Date: Apr 23, 2004 Location: New Jersey Posts: 71,478
	__________________ "I know the difference between TV and reality, Jeff. TV has structure, it makes sense, there are likable leading men. In real life, we have this. We have you." - Abed Nadir, Community www.sitcomsarestupid.blogspot.com

07-20-2005, 09:38 PM	#9
vienna waits avatars are stupid. Forum Superstar Join Date: May 18, 2001 Location: Ravenclaw Common Room Posts: 29,859	myspace is gae.
	__________________ Me: Did you see Dunkleman in the audience at the finale? Crystal: No! Me: Yeah, that's because he wasn't invited.

07-20-2005, 08:33 PM	#3
L&OFan4Eva Member Frequent Poster Join Date: Apr 02, 2005 Posts: 477	Oh god, why does every independent thing on earth have to be bought out by companies?

07-20-2005, 08:51 PM	#7
Karen* paradox. Forum Superstar Join Date: Jan 08, 2005 Location: San Francisco, CA Posts: 28,365	If this completely ruins MySpace, I will be pissed. I will PROTEST!

07-20-2005, 09:12 PM	#8
TheGreatPretender just because Forum Veteran Join Date: May 22, 2004 Location: Trying to think of a creative, witty location. Posts: 7,628	Nooooooooooooooooo.

07-20-2005, 09:49 PM	#12
EmoJoe Cool cool cool Forum Addict Join Date: Apr 23, 2004 Location: New Jersey Posts: 71,478	If they make you pay for it then I'm leaving