news corp

Is MTV working on a branded social network?

Do we really need another social networking site? Apparently so, and we're not talking about start-ups here.

What we're hearing--and this is industry cocktail-party gossip, albeit a very believable variety thereof--is that MTV Networks is working on its own social network and we'll be hearing more about it pretty soon. We don't have a name, or a target demographic (Teens? College kids? Young adults?) or any semblance of screenshots. This is so hush-hush, in fact, that we aren't even sure whether it's an MTV Networks (as in MTV, VH1, MTV2, Spike TV and the … Read more

Time to cut Rupert a break?

Let the hand wringing begin: Rupert's in charge.

As we are now aware, a $5 billion buyout bid from News Corp. for Dow Jones, parent of The Wall Street Journal, appears to have enough support from factions of the Bancroft family, which holds a majority stake in the company, apparently putting the coda on this three-month saga.

But we're only in the early innings when it comes to the grieving over the pending acquisition by Rupert Murdoch of one of the world's best newspapers. Normally, I'd let this story pass, but by virtue of News Corp.'… Read more

What does MySpace news about removing 29,000 sex offenders mean for parents?

MySpace has quadrupled its estimated number of registered sex offenders posting profiles on the site, from its May estimate of 7,000 to a current tally of 29,000. The pages of identified offenders have been deleted. What does this news mean for parents? How do we assess risk and keep it in perspective, and what best practices should be implemented on family, corporate and societal levels to keep kids safe?… Read more

MySpace's video czar gives details on new 'TV' endeavor

On Wednesday, CNET News.com checked in with Jeff Berman, MySpace.com's general manager of video operations, to hear more about the gargantuan social network's latest project: MySpace TV. The New York Times reported Tuesday that MySpace would be refurbishing its in-house video operations this week, creating a new video hub at myspacetv.com (site not yet active) to host a mix of amateur and professional media content. Berman filled us in on exactly what to expect.

"It's really just the next step in what has been a very busy few months for us on the … Read more

The New York Observer on the New York Times on News Corp.

There's something kind of funny about a blog entry around a recent article in one outlet indicating that another newspaper is working on an expose about yet another media outlet, but that really is what this post is about. According to Michael Calderone at the New York Observer, "The New York Times is currently undertaking a major news investigation, led by managing editor Jill Abramson, into News Corp.'s business dealings throughout the world, according to a source with knowledge of the project."

Amidst the heavily hyped negotiations between Murdoch's minions and the Bancroft family who currently own the Wall Street Journal, The New York Times has apparently decided to mount their own investigation in an effort to examine what should be expected from the possible merger. While there is no clear indication what spin the Times will put on the story, it seems unlikely that the paper will conclude that Rupert Murdoch is the patron saint of news media. The New York times is one of the last major independent media outlets (along with the Wall Street Journal - for now), and it's altogether possible that News Corp. may eventually set it's sites on the Times, so I think it is safe to anticipate that this article won't be a puff piece.

… Read more

MySpace officially launches instant messaging service

MySpace has announced the official beta release of its MySpaceIM instant messaging service which soft-launched informally a year ago. According to a release from MySpace, over 17 million of the social networking site's 180 million members worldwide have installed the downloadable client.

MySpace, which was acquired by News Corp. in 2005, used to operate a browser-based instant messaging service, which it has since phased out.

The MySpaceIM service competes with other ubiquitous and well-established instant messaging clients, like Yahoo Instant Messenger, Microsoft's Windows Live Messenger, and the formidable AOL Instant Messenger. But MySpaceIM hopes to set itself apart … Read more

Report: News Corp. to trade MySpace for a stake in Yahoo?

Here's a rumor we didn't see coming. The U.K.'s The Times is reporting that News Corp., the Rupert Murdoch-helmed company that purchased MySpace in 2005 for $580 million, may be willing to trade it. According to Times writer Dan Sabbagh's article, News Corp. is mulling a swap of MySpace to Yahoo in exchange for a 25 percent stake in the dot-com.

Interestingly enough, The Times is itself owned by News Corp. The parent company is allegedly "interested in a deal even if it means losing some control of MySpace because it would give the … Read more

MySpace responds to states' request for sex offender data

MySpace responded Tuesday afternoon to the letter sent by eight states' attorneys general Monday requesting the popular social networking site to turn over data pertaining to registered sex offenders who have profiles on the site. The letter, signed by the attorneys general from Connecticut, Georgia, Idaho, Mississippi, New Hampshire, North Carolina, Ohio and Pennsylvania, requested that MySpace respond by May 29 with a count of how many sex offenders' profiles have been located as well as a plan for how to deal with them.

The News Corp.-owned site had provided a less detailed statement Monday.

The formal statement, attributed … Read more

Murdoch promises 'journalistic integrity' at The Wall Street Journal

Rupert Murdoch, the chairman of News Corp. and owner of the tabloids The Sun in England and the New York Post, is promising to retain the journalistic integrity of The Wall Street Journal and its parent company Dow Jones if he succeeds in acquiring them for $5 billion.

In a letter sent over the weekend to members of the Bancroft family that owns the company, Murdoch asked to meet with the family and company officials. He assured them that he is "first and foremost" a "newspaper man." "I have also always respected the independence and … Read more