Eugene David ...The One-Minute Pundit |
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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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