[lbo-talk] speculation about the coming internet downturn

Doug Henwood dhenwood at panix.com
Tue Sep 18 08:03:14 PDT 2007


On Sep 18, 2007, at 10:15 AM, Dwayne Monroe wrote:


> still sorting out how to monetize their
> success.

Sounds just like 1.0, no? Some 1.0 sites got the eyeballs - they just couldn't make money from them.


> Is MySpace profitable? I doubt it, but NWS certainly
> is and Rupert apparently sees MySpace as a useful
> component of his clanking media machine.

He does, but he also got it for next to nothing, and he's got money to burn.

Doug



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