Interesting read from Mediapost. 

I doubt News Corp.’s otherwise experienced and savvy management could be this dumb, small-minded and oblivious to how the Web works and what has made social networks popular.

Sure, securing YouTube would have propelled News Corp. further up in the Web stratosphere, but it would not have made sense for News Corp. to acquire YouTube.  It makes much more sense to further build up MySpace Videos… but, if News Corp. is considering removing all YouTube videos from MySpace, then indeed News Corp. is going to make all of those people who said that News Corp. would ruin MySpace after buying them prove to be right.

To see why and how YouTube/Google and MySpace have already cornered the video file sharing space and what it means for incumbents, click here.

Disclaimer: as of this writing, News Corp’s FIM is involved in an ongoing litigation matter with our company.

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