Warren Seen

I had to have a bit of a laugh at the expense of MSNBC’s fawing over ol’ Rupert Murdoch, as though he is some latter day messiah and diviner of Internet futures.

Keith Rupert Murdoch may be 74 years old, but the way he sees it, he’s got a young man’s fingertips for what’s cool. Last year the News Corp. chairman acquired MySpace.com, the wildly popular social-networking site, for $580 million. He then spent almost $1 billion to snap up two more Internet businesses for college sports and videogaming.

Oh please, spare me.

Isn’t this the same News Corp. that with a few minor exceptions, missed the boat completely on Web 1.0? Buying their way into the game after they turned up late? Hardly the hallmarks of a well thought out plan of attack, no?

This entry was posted on Wednesday, February 8th, 2006 at 10:57 pm and is filed under web2.0. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.