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Fox to Purchase Myspace

Posted by Zonk on Tue Jul 19, 2005 01:26 PM
from the murdoch-immediately-propositioned-for-cyber dept.
The Internet Businesses The Media
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.
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  • Fixed link (Score:2, Informative)

    by Anonymous Coward
    Click [bbc.co.uk]

  • linkage (Score:4, Informative)

    by UnderScan (470605) <jjp6893@@@netscape...net> on Tuesday July 19 2005, @01:28PM (#13105516)
    http://news.bbc.co.uk/1/hi/business/4695495.stm [bbc.co.uk]

  • Nice job editors... (Score:3, Insightful)

    by Anonymous Coward on Tuesday July 19 2005, @01:28PM (#13105518)
    Do you even READ these articles?

  • Fox owns me? (Score:3, Insightful)

    by krautcanman (609042) on Tuesday July 19 2005, @01:28PM (#13105519)
    I typically don't have anything wrong with Fox, but to allow them access to my personal information? I don't think so...

  • ok... (Score:5, Funny)

    by rainmayun (842754) on Tuesday July 19 2005, @01:29PM (#13105543)
    have the moderators been replaced by a drinking bird [drinkingbirds.com] that just clicks "Post"???

  • Why haven't I heard of the 5th most popular site? (Score:4, Interesting)

    by garcia (6573) * on Tuesday July 19 2005, @01:29PM (#13105547) Homepage
    Proper link [bbc.co.uk]:

    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.
    • When I checked it out this morning I realized that it's nothing more than a "good looking" spam webportal.

      It's basically a blogging site, not a "spam webportal." If you like blogging sites, you've probably heard of myspace, and might even have a personal "space" there. If you ignore all things blogging, you probably have never heard of myspace, or don't care about it either way.
    • Perhaps you've not heard of the "Social Networking" catagory?

      The point is you have a large site with thousands and thousands of members and then have those members "mingle" with each other and prominately display their connections.

      Yes, it is a bit high school.. but the reason why it's the fifth most popular site: because it's huge among high schoolers.

      But it does serve it's purpose I guess. Now, if only they could a) afford decent programmers and b) stop loading the site up with flash animations that suck my cpu dry.
    • When I checked it out this morning I realized that it's nothing more than a "good looking" spam webportal.

      Wrong, it's a horrible looking spam social networking site that has all the lousy bits of livejournal, friendster, makeoutclub, and amihotornot.com. It's all the rage among college freshmen.

    • Netcraft (Score:4, Informative)

      by Kj0n (245572) on Tuesday July 19 2005, @01:47PM (#13105799) Homepage
      According to Netcraft, the rank of MySpace.com is only 76 [netcraft.com].

      Number 1 [netcraft.com] is -- of course -- Google. Slashdot has rank 587 [netcraft.com].

    • Re:Why haven't I heard of the 5th most popular sit (Score:5, Informative)

      by dsands1 (183088) on Tuesday July 19 2005, @02:10PM (#13106034)
      I'd say it's more than just a good looking spam webportal. I'd classify it as the "have all, be all, end all of internet hook-up sites". In summary:

      1. Broke up with my g/f of 4 years in Oct 2004
      2. Spent a couple months just feeling sorry for myself and not dating at all
      3. On the recommendation of a friend I set up a profile on myspace and started making "friends".
      4. By mid-January 2005 I'd been on probably 8-10 dates, quite a few of which led to... intimate relations.

      That's why people are going to the site.
      • OMG! I don't know about something. How is this possible? I am garcia! Knower of all there is to be knowed.

        Why would a site that's nothing but bullshit be the 5th most viewed site on the web? I would think that as a regular Internet surfer I would be able to easily rattle the top 5 sites off w/o hestitation.

        If anything, I wasn't bragging, I was surprised that some apparently crappy site was so popular.

        Thanks for the troll though.
          • Maybe, just maybe it's not 'nothing but bullshit'? Perhaps there are sites out there that offer services that you don't like. Imagine that.

            You would think that Google, Yahoo, MSN, CNN, and any other major news site would attract a TON more traffic than myspace.com.

            I would also think that you would somehow be linked there frequently by friends, search engines, or news stories. It surprises me that as the 5th most viewed site on the web I have never had Google tell me to go there when searching for "foo".

      • Re:Why haven't I heard of the 5th most popular sit (Score:4, Interesting)

        by bmeteor (167631) on Tuesday July 19 2005, @02:14PM (#13106072)
        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 )
  • And will MySpace become fair and balanced ? :-)

  • A new low for Slashdot editors (Score:4, Insightful)

    by mOoZik (698544) on Tuesday July 19 2005, @01:29PM (#13105553) Homepage
    What the hell is it that you guys are responsible for, anyway? Obviously you don't check for dupes, spelling, grammar, relevance of links, and now, you don't even check to see whether or not the blurb even makes sense and if the links therein are functional! It's like watching the Roman Empire of tech/OSS sites crash and burn...

    • Re:A new low for Slashdot editors (Score:5, Funny)

      by DrEldarion (114072) on Tuesday July 19 2005, @01:35PM (#13105638) Homepage
      Why not make some fun out of it, then?

      Let's all try and get the most ridiculous things posted. Bad links, messed-up HTML, nonsensical grammar, the works.

      Bonus points if you insult an editor in the blurb and they still end up posting it.
    • For those that will read the above post after they change the blurb, I cut and pasted from view source:

      Posted by Zonk [slashdot.org] on Tuesday July 19, @02:26PM
      from the murdoch-immediately-propositioned-for-cyber dept.
      jagger [jaggeroznogorg] writes "a href="http://news.bbc.co.uk/1/hi/business/4695495. stm">News Corp announced on Monday that it , owner of the popular MySpace.com social networking site, for $580 million [informationweek.com]. This follows an announcement by News Corp on Friday that it is creating an Internet division to hold the com

  • New /. poll (Score:4, Funny)

    by Anonymous Coward on Tuesday July 19 2005, @01:30PM (#13105560)
    What was Zonk high on when he hit "submit"?

    1) Gasoline
    2) Glue
    3) Smack
    4) Everything
    5) Cowboy Neal
  • jagger writes "a href="http://news.bbc.co.uk/1/hi/business/4695495 . stm">News Corp announced on Monday that it , 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."

    How do bad links get posted on the main page like this? Isn't the subscriber preview feature supposed to help weed out these things?

    Being a /. editor has got be t
  • Tom talks about the sale Here [crewcial.org]

    Apparently he's one rich dude now!
  • If is isn't enough to publish dupes everyday, now BROKEN CODE made it onto the front page.

    Are you sure that Zonk checked this?

    It should read "News Corp announced on Monday that it [bbc.co.uk], owner of the popular MySpace.com [myspace.com] social networking site, for $580 million. [informationweek.com]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."
  • News Corp announced on Monday that it , owner of the popular MySpace.com social networking site, for $580 million.

    CmdrTaco announced on Tuesday that he, founder of the popular Slashdot.org technology site, for the readability level.

    • The sentence is correct, it just wasn't finished:

      News Corp announced on Monday that it , owner of the popular MySpace.com social networking site, for $580 million purchased 5,800,000 $100 coupons for spyware removal tools for all of its employees, their extended families and friends, when the improbability drive from the Heart of Gold [wikipedia.org] wizzed by News Corp's Think Tank, ripping a hole in the space time continuum of the CEO's brain.

      It was reported that hilarity ensued.

  • Fair and Balanced hosting?
  • Well...I didn't know what to think of all this social networking when it first came out. I saw it as a "fun" little thing. Some catered to professionals, some to musicians, some to the people who just like to play on the web. I, along with many other people, simply saw it as a fad that wouldn't amount to anything. And now they're getting bought for loads of money? Are we going to have another dot com era?
  • $580 million? Are they insane? Yes, they are. It's not worth it. It never will be worth it. Ever.

  • Wow (Score:2, Insightful)

    by TFloore (27278)
    There are so many things to say here. I'll start with

    This sentence no verb.

    But that's okay, I think it was missing an object too.

    This entire story is going to be nothing but well-deserved bashing of Slashdot editors.

  • here is my math (Score:5, Interesting)

    by Ex Machina (10710) <jonathan.william ... m ['ail' in gap]> on Tuesday July 19 2005, @01:35PM (#13105644) Homepage
    $580000000 / 22064129 profiles (lower bound set by the number of "friends" "tom" has)
    = $26.287010921664 / profile
    • Yeah, and don't I feel stupid deleting that smug git "Tom" from my friends list* now that he's rolling around nekkid in $580m. Tom? Be my friend? Answer my emails Tom??

      (* he's added by default when you sign up)

      - Oisin
  • Do you remember the ending of the Marge driving an Suv [snpp.com] episode ?.

    Homer: [voice-over] I'd like to read the following statement, but I do so under ... [sound of gun cocking] ... my own free will.

    It has come to my attention that NBC sucks.

    I apologize for misleading you and urge you to watch as many Fox shows as possible.

    So in summary, NBC -- bad.
    Fox -- good.
    CBS great.

    [sound of gunshot, followed by a thud.]

    Anyway, the worst article ever. Bad links and I'll wait to see what Fox does

  • Just what we need.... (Score:3, Funny)

    by ramblin billy (856838) <defaultaddy@yahoo.com> on Tuesday July 19 2005, @01:40PM (#13105704)

    Thank god! No more of that pesky decision process..."hmmmm, this website says homosexual behavior causes your teeth to fall out, makes you get bad gas mileage and condemns you to an eternity in hell, I wonder if I can trust it?"

    At last! A 'Fair and Balanced' portal!

    billy - hackers of the world unite! can you say 'foxse' ? i knew you could...

  • TOS excerpt (Score:5, Informative)

    by fahrvergnugen (228539) <fahrv@NoSPam.hotmail.com> on Tuesday July 19 2005, @01:55PM (#13105892) Homepage
    Hope you like giving away your hard-earned works for free to Fox: By posting Content on any public area of MySpace.com, you automatically grant as well as represent and warrant that you have the right to grant to MySpace.com, an irrevocable, perpetual, non-exclusive, fully paid, worldwide license to use, copy, perform, display, and distribute such information and content to MySpace.com and that MySpace.com has the right to prepare derivative works of, or incorporate into other works, such information and content, and to grant and authorize sublicenses of the foregoing.
    • 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
    • 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

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