Rupert Murdoch's MySpace blunder
June 15, 2009 4:12 pm ET by Karl Frisch
Via Romenesko:
MySpace has become a textbook case of how quickly a digital juggernaut can become a has-been, writes Matthew Flamm. The head of a research firm tells him: "It may be that Rupert [Murdoch] is ultimately a newspaper guy. The idea [with MySpace] may have been, 'We bought you, so make it happen for us.'"
Perhaps Rupert just couldn't figure out how to force one point of view down the throats of a few million users.
Go! Do things internets! I command thee!











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Randy
Murdoch's timing to buy myspace is equivalent to someone buying up VHS technology in 2001.