BUSINESS BLOGS
BUSINESS BLOGS
category: business
18 Nov 2006

As pundits are examining the repercussions - if any - of Universal Music Group’s lawsuit against Myspace, in which the world’s largest music label accuses MySpace of “allowing users to upload videos illegally and taking part in the infringement by re-formatting the videos to be played back or sent to others.”  This is an important accusation because it goes beyond calling MySpace a mere accessory to the crime.

One thing that caught my attention was in MySpace’s quick response.  What caught my attention in fact had nothing to do with the lawsuit:

“[MySpace] will continue working to be the gold standard in protecting creators’ rights as well as the world’s leading lifestyle portal.”

That’s the first time I see that.  We usually call MySpace a social network, branding itself as a portal shows that without much fanfare, it seems that Rupert Murdoch has identified MySpace as the flagship property in FIM in lieu of building a new portal by integrating FIM’s far flung digital assets.

I could be reading way too much into this, but it is interesting nonetheless. 

 

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