Rupert Murdoch’s Cool New Thing, in which the writer argues that Murdoch is using his recent acquisition of Myspace.com in exactly the right way to make money and benefit his old media businesses.
From Xinhua: NBC teams up with YouTube, which discusses a deal between Youtube and NBC to make NBC programming available on Youtube.
Two questions: Is China’s Youtube equivalent Toodou, whose technology seems to be at least as good as Youtube’s, going to be able to do a similar deal with a Chinese broadcaster? And will any of China’s traditional media companies have the cojones to buy MOP, the closest equivalent to Myspace in China? Or is the Internet / old media divide in China even greater than in the West?