Eugene David
...The One-Minute Pundit

Monday, April 21, 2008


MySpace Poisons News Corp. as Investors Shun Murdoch

Can anyone say why throwing billions into the Web would NOT have turned it poisonous?

``When you have such a powerful asset as MySpace and you can't successfully monetize it, that's a problem for investors,'' said Daniel Poole, assistant research director at National City Corp., which manages $34 billion in Cleveland.

And National City knows about monetizing. Pfffffffffft!

(Via IWantMedia)

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