<?xml version="1.0" encoding="UTF-8"?>
<!-- generator="wordpress/2.1.3" -->
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	>

<channel>
	<title>HipMojo.com</title>
	<link>http://watchmojo.com/web/blog</link>
	<description>Covering Online Video, Web, Search, Investing, Technology, Strategy, Investing, M&#038;A, Financing, VCs</description>
	<pubDate>Fri, 20 Nov 2009 15:29:08 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.1.3</generator>
	<language>en</language>
			<item>
		<title>$2B is Cost of Entry in Top 10?</title>
		<link>http://watchmojo.com/web/blog/index.php/2008/06/30/2b-is-cost-of-entry-in-top-10/</link>
		<comments>http://watchmojo.com/web/blog/index.php/2008/06/30/2b-is-cost-of-entry-in-top-10/#comments</comments>
		<pubDate>Mon, 30 Jun 2008 17:38:04 +0000</pubDate>
		<dc:creator>Ashkan Karbasfrooshan</dc:creator>
		
		<category><![CDATA[Internet &#038; Web]]></category>

		<category><![CDATA[M&#038;A]]></category>

		<category><![CDATA[Social Networking]]></category>

		<category><![CDATA[Stat of the Day]]></category>

		<category><![CDATA[Management]]></category>

		<category><![CDATA[TV Networks]]></category>

		<category><![CDATA[News Corp./FIM]]></category>

		<category><![CDATA[MySpace]]></category>

		<category><![CDATA[Online Advertising]]></category>

		<category><![CDATA[CBS]]></category>

		<category><![CDATA[Last.fm]]></category>

		<category><![CDATA[DJ/WSJ]]></category>

		<category><![CDATA[CNET]]></category>
<category>CBS</category><category>CNET</category><category>DJ/WSJ</category><category>Internet &amp;#038; Web</category><category>Last.fm</category><category>M&amp;#038;A</category><category>Management</category><category>MySpace</category><category>News Corp./FIM</category><category>Online Advertising</category><category>Social Networking</category><category>Stat of the Day</category><category>TV Networks</category>
		<guid isPermaLink="false">http://watchmojo.com/web/blog/index.php/2008/06/30/2b-is-cost-of-entry-in-top-10/</guid>
		<description><![CDATA[By and large, for traditional media companies to penetrate the Top 10 Rankings of Largest Media Properties, the cost of entry seems to be $2B, give or take a few hundred millions of dollars.
We already covered this for News Corp., who spent just under $2.5B to get to where Fox Interactive Media is now:
- MySpace [...]]]></description>
			<content:encoded><![CDATA[<p>By and large, for traditional media companies to penetrate the Top 10 Rankings of Largest Media Properties, the cost of entry seems to be $2B, give or take a few hundred millions of dollars.</p>
<p>We already <a href="http://www.watchmojo.com/web/blog/?p=1615" target="_blank">covered this for News Corp.</a>, who spent just under $2.5B to get to where Fox Interactive Media is now:</p>
<p>- MySpace parent Intermix:  $580M<br />
- IGN (my former employer):  $650M<br />
- Scout: $60M<br />
- Strategic Data: $?M<br />
- Photobucket: $250-300M (reported, but unofficial)<br />
- Flektor: $15-20M (reported, but unofficial)</p>
<p>and by the looks of it, the tally is the same for CBS.</p>
<p><a href="http://www.alleyinsider.com/2008/6/quincy-smith-named-ceo-of-cbs-interactive-cnet" target="_blank">SAI</a> has more on CBS&#8217; rise to become a Top 10 media property, powered by the CNET $1.8B deal, as well as the $240M Last.fm deal.  Any more up CBS&#8217; sleeve?  Time will tell.  Interestingly both companies lack search - though I am not search if search is something traditional media wants to own. One other area where they could use some strengthening is online video&#8230; but I am biased there.</p>
<p>CBS is broken up into</p>
<p>- Technology<br />
- Entertainment<br />
- Sports<br />
- News<br />
- Business</p>
<p>Again, pardon my bias as a lifestyle publisher, but CBS also seems light in Lifestyle which is arguably bigger in terms of sheer client interest.  Connecting the dots: when IGN bought my former company AskMen, it was to complete the 18-24 and 18-34 demographic amongst men, but it was mainly to complement its categories (IGN was strong in games, movies and technology but non-existent in lifestyle).  I could be dreaming, but I am sure when IGN repackaged itself and sold to News Corp., it leveraged AskMen to convey its strength in lifestyle.</p>
<p>Interestingly, CNET has a few cooking and food properties and if my memory serves me right, they lured a former Maxim executive, so time will tell if they bolster that category as well.</p>
<p>Of course, this does not include the $5B News Corp. shelled out for Dow Jones, whose WSJ.com is indeed a crown jewel online and off.</p>
]]></content:encoded>
			<wfw:commentRss>http://watchmojo.com/web/blog/index.php/2008/06/30/2b-is-cost-of-entry-in-top-10/feed/</wfw:commentRss>
		</item>
	</channel>
</rss>
