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August 8, 2005 / jnolen

I want my…

As you may have heard, Rupert Murdoch's NewsCorp bought the social networking service MySpace (about which I wrote here) for $580 million dollars. Internet pundits have been trying to explain the move (or, at least, the price tag) ever since.

I wanted to point out this analysis of the MySpace purchase from Robert Young (guesting for Om Malik). He makes a fairly compelling case that Murdoch's has MTV in his sites.

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