Myspace value "could rise to $15bn"
Myspace could be worth $15bn within three years, according to one Wall Street analyst.
In a research note quoted by Reuters, RBC Capital analyst Jordan Rohan said he had come out of a meeting with Fox Interactive enthused about the site’s experienced management, "massive" global appeal and potential to become "an intellectual property distribution powerhouse".
Yahoo! reportedly close to Facebook deal
Speculation is growing that Yahoo! is close to a $1bn deal for social networking site Facebook.
The Wall Street Journal reports that Facebook is in "serious discussions" to sell itself to the search engine and portal, following months of reported takeover bids from big media players.
Orange pulls out of bidding for AOL UK
Mobile operator Orange has pulled out of the bidding for AOL’s UK internet access unit, according to a report in The Times .
The move will see BSkyB and Carphone Warehouse going head to head for the division, the newspaper said.
Web venture aims to shake up film distribution
The makers of Scenes of A Sexual Nature, out in November, are not just hoping it’s a hit in the box office – they are also testing a new online distribution model which they say could help independent and low-budget films.
Ed Blum, the film’s director, and Suran Goonatilake, the investor behind Blum’s production firm Tinpanfilms, hope the system will reduce distributors’ control and give private investors more of a say in how movies are marketed and where revenues end up.
Old media get act together on the web
Traditional media companies are increasing their share of online advertising budgets at the expense of big internet players such as Yahoo! and Google, according to research by New York-based private equity firm Veronis Suhler Stevenson (VSS).
Digital music battle heats up
eMusic has announced plans to launch in all 25 EU countries in a bid to become Europe’s number two music downloading site behind iTunes.
Sky to stream Champions League matches
Sky Sports has announced its digital Champions League plans ahead of tonight’s group games, including live online coverage of matches for the first time.
User generated content becomes a hit in UK
The popularity of sites featuring user-generated content (UGC) has increased dramatically in the UK over the last year, according to research by comScore.
Beeb eyes social networking space
BBC Worldwide, the broadcaster’s commercial arm, is apparently looking for an acquisition to compete with Rupert Murdoch’s Myspace, according to the Mail on Sunday.
Survey highlights sites' sway over music tastes
Recent moves by social networking sites into the digital music business have been backed by a new report.
The 2006 Digital Music Survey, carried out by Entertainment Media Research, shows the likes of Bebo and Myspace have a strong influence over the way listeners’ discover and purchase music online.
Social media: the best and worst of 2009
Email marketing: six steps to improving customer engagement in 2010
Web 2.0
Graham Charlton
Strategy & Planning
