[lbo-talk] MySpace, the Gutenberg edition

[Chuck]

Doug Henwood wrote:
> <http://www.gawker.com/news/myspace/welcome-to-the-postliterate- 
> era-196425.php>
> 
> Welcome to the Postliterate Era
> Breaking from AdAge:
> 
> "Hey MySpace kids: Want to read a magazine? If you answered yes, you  
> may be in luck. MySpace is actively considering whether to launch an  
> ink-on-paper magazine to complement its insanely popular and  remarkably 
> valued online property. The editorial mix would likely  cover standout 
> MySpace members and their interests, from music to  their social scene."
> Fuck. Now we've got to pay out on that hundred dollar bet that  there'd 
> never be a magazine dumber than Shock.

MySpace obviously doesn't have anybody on staff who can point out how 
badly the magazine industry is doing these days. MySpace publishing a 
magazine is like the Toyota corporation deciding to build stagecoaches. 
If you have a cash cow with MySpace, why blow money on a stupid magazine?

Chuck