] HipMojo.com » Top 10 Worst Internet Acquisitions - Part 2

Follow up to Part 1 yesterday, here is part 2.

Re: Part 2, I agree that MySpace looks like the best one ever, considering how it totally transplanted the most global and diverse old media company into a powerhouse online, but it’s too early to tell… imagine if they get hit with a massive fine over the UMG lawsuit, will it still be so genius?

And with regards to Ask.com, I am not sure it’s such a bad idea, since Diller wanted to take IAC into search and this was one of the few options… of course, $2B is a lot of money.

Disclosure: News Corp. was my former employer from Sept. 2005-Dec. 2005 after they bought their other half a billion dollar baby, IGN, for whom I worked for from June-Dec. 2005 after they bought my then employer… and when they are not busy throwing goodbye parties for Ross Levinsohn and Mark Jung… they’re courting more entrepreneurs to join their lovefest.

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Posted By: Ashkan Karbasfrooshan | Nov 23rd

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