Will News Corp. Make the Right Decision Concerning MySpace?

Filed under: Internet, Walt Disney (DIS), News Corp'B' (NWS), Media World

According to an item highlighted by TheFly, it appears as if News Corp. (NWS) may be interested in selling MySpace. There are no guarantees, of course, but I'll tell you this: I hope a sale happens. And the sooner the better.



Sure, in theory, MySpace was a great acquisition. It was the hot destination on the web for a while. Reality, however, has a way of interfering with even the best ideas. The Internet can evolve very quickly; CEOs need to be extremely cautious about what they decide to buy when they are playing this part of the media game.

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Will News Corp. Make the Right Decision Concerning MySpace? originally appeared on BloggingStocks on Wed, 01 Dec 2010 17:00:00 EST. Please see our terms for use of feeds.

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