BUSINESS BLOGS
BUSINESS BLOGS
category: business
10 Apr 2008

Is Steven Spielberg scripting this shit?

He must be.  I had to re-read the headline 4 times… I pressed refresh wondering what date this was all from: April 10th.  This got even odder when I realized we are the 9th of April.

Anyway, this is getting interesting:

Microsoft Said to Be Talking With News Corporation About Joint Yahoo Bid

This does not even make sense, in some ways.  I mean: MSFT is in bed with Facebook, Facebook is gunning for MySpace, owned by… you guessed it: News Corp.

Anyway… to me, this is akin to shoving 9 pounds of meat in a 5 pound bag.  The result is interesting but lord knows what the bag - and its  contents - will look like.  Mind you, over at Alley Insider, Henry Blodget just took a hit off the pipe and seems to like the high:

Would this combination make sense? Sure it would make sense. Owning MySpace standalone isn’t doing Rupert any good–he’s getting his clock cleaned by Facebook. MSN’s dead in the water. But throw all that together with Yahoo and you could build a pretty honkinging global communications, social networking, and advertising platform.

Hmm… I’m not sure about that… but it shows that YHOO remains the best positioned company in display banners and video… and those are the “hot” growth areas in digital media.  Perhaps, News Corp. is more concerned with a strengthened Time Warner.  Or, maybe, seeing how Google complained loudly about “challenges in monetizing social networking sites (aka. MySpace)” this is Mr. Murdoch’s way to strike back at Google…

I don’t know.  But this is getting really interesting.