It Looks Like MySpace Will Finally Do Something With Newroo
This could be something completely different, and I’ll wait for Fox’s PR comment on this tomorrow before speculating too much further. But whenever MySpace makes a move, it has to be taken seriously. They’re the largest site on the Internet and can make new products successful by pure brute force (they are now the no. 2 video sharing site after YouTube).
As a massive news generating machine, this will be yet another outlet for New Corp.’s (the ultimate parent company of MySpace) content, and I assume that it will get priority over other news sources. While that may be a good thing for News Corp., it may not be what MySpace users want or need. It seems to me that the best thing for MySpace and it’s community over the long run is to become an independent entity, spun off from the prying hands of News Corp. and Fox execs. Let MySpace make business decisions that are in the best interest of it’s community, not their corporate bosses.