Source:Valleywag
“The news business is like the tobacco business: you want to reach new readers at as young and impressionable an age as possible,” Onion president Sean Mills said. “MySpace was, of course, a natural partner in that regard.” The truth hurts and causes lung cancer: MySpace and The Onion are now exclusive content partners. [Infectious Greed]
Source:Valleywag
Attention, blogtards: Michael Arrington has seceded from the blogosphere, a space in which his ego no longer apparently fits. In an otherwise tiresome review of yet another Web 2.0 product, Arrington made this fascinating observation:
The bloggers seem to like it, though… Ah, I love the blogosphere.
Apparently he’s no longer a blogger — just a distanced observer of you keyboard-chained louts. Take note of this the next time he tries to use his blogger cred to whine about the mainstream media.
Source:Valleywag
Who put the itching powder in media companies’ Web 2.0-buying jocks? Well, Rupert Murdoch, obviously. Ever since he slurped up MySpace for what now looks like a song, everyone else is trying to find a bargain. Condé Nast bought Wired.com and then Reddit, Forbes just picked up Clipmarks, and now it looks like the Hearst Corporation is adding social shopping network Kaboodle to its kit. Sure, Hearst might be trying to inject some social-networking mojo into its readership, but we suspect this deal is more about pulling the rug out from under Condé Nast’s competing portfolio of travel and fashion websites, which use Kaboodle’s technology. Such macho posturing over such girly pursuits. Well, whatever scratches your itch, guys.
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This entry was posted
on Wednesday, August 8th, 2007 at 2:15 pm and is filed under kaboodle, Acquisitions, Conde Nast, Hearst.
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