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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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  • 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    have the moderators been replaced by a drinking bird [drinkingbirds.com] that just clicks "Post"???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 persona

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

      by MrPerfekt (414248) on Tuesday July 19 2005, @01:38PM (#13105677) Homepage Journal
      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.
      [ Parent ]

    • 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].
      [ Parent ]

    • 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.
      [ Parent ]
      • 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 abl
          • 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 m

      • 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 )
        [ Parent ]
  • 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)
      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.
      [ Parent ]

  • 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

  • Slashdot to Not Improve Story Editing Standards (Score:5, Funny)

    by ravenspear (756059) on Tuesday July 19 2005, @01:31PM (#13105574)
    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.

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

    by Ex Machina (10710) <(jonathan.williams) (at) (gmail.com)> 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

  • 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 AT hotmail DOT 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.

    • Re:TOS excerpt (Score:3, Interesting)

      by blackmonday (607916)
      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.

    • What it SHOULD have said: (Score:4, Informative)

      by griboyedov (900354) on Tuesday July 19 2005, @01:34PM (#13105627)
      "News Corp announced [bbc.co.uk] on Monday that it was the new owner of the popular MySpace.com social networking site, paying $580 million [informationweek.com] for it. 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."
      [ Parent ]

    • Re:MySpace (Score:3, Interesting)

      by Rosco P. Coltrane (209368)
      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 conside

    • Re:my question (Score:3, Funny)

      by NineNine (235196)
      the average IQ has to be close to room temperature. wtf does FOX see in this crap?

      Their average viewer.
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