“In Teens’ World, MySpace is so last year.”

Social networking video site YouTube surpasses MySpace’s “it factor” and gets bought out for $1.65B by Google.  Google can drive traffic, handle all bandwidth needs, monetize the site if need be (or avoid all ads) and eventually aggregate a larger audience as the “gray-ification and mainstream-ization” of MySpace continues… next thing you know, the only person or people remaining on the site are people selling stuff and sexual predators.

I doubt this will happen, MySpace is here to stay.  But let’s just say it’s a good thing that FIM struck that $900 million deal with Google to recoup News Corp.’s investments in IGN and MySpace (IGN, for it’s part, will only grow at a steady clip over time and generate more and more revenues for News Corp., though we shall see if it turns a profit when News Corp. releases Q3 reports in early November).

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