Rupert Murdoch has been trying to purchase the Wall Street Journal to boost his new Fox Business Channel. Well a past adversary is back and trying to keep it from happening. Brad Greenspan, who founded MySpace.com, entered the bidding with a $1.5 billion offer to take a 25% stake in Dow Jones with a focus of helping wsj.com and marketwatch.com. This offer comes two years after he tried unsuccessfully to stop Murdoch from buying MySpace. “I do not believe any current publicly disclosed acquisition offers for Dow Jones fully recognise the potential which Dow Jones’ unique assets, properties, and brands represent,” Greenspan wrote in a letter to the board.
June 23rd, 2007
It’s summer and school’s out for Michael Eisner’s Emmy-nominated web series “Prom Queen.” The show wrapped up this week, after 80 webisodes and over 15 million streams. Now there are plans to roll out a summer spinoff called “Prom Queen: Summer Heat.” The spinoff will debut in August with 15 two-minute webisodes.
June 23rd, 2007
In a plan announced Friday, ABC News will be beefing up their digital division by cutting positions in their traditional TV division. ABC News President David Westin said in the memo that the plan is to “re-design the division to reflect the growing importance of our digital offerings - and their centrality to our future.”
June 23rd, 2007
I just stumbled across the DC bureau page for McClatchy Newspapers. The site ties together the organization’s original reporting, blogs, political cartoons and columns. The site has open comments, and (for now at least) no ads. Banner ads running on McClatchy properties promote the site.
(Disclosure: I compete against a McClatchy newspaper as part of the day job).
Adds Howard in comments: “The site is just a week old, and we’re planning to introduce a number of new features, mainly aimed at greater interactivity (video commentary uploads, better user generated forums, etc)… And I promise, we’re working on that part about few ads.”
June 23rd, 2007
