At a recent PSFK conference ad pundit George Parker mentioned that Rupert Murdoch was about to “f” up MySpace by covering it in Fox content. Well, there was a link in the MediaPost today suggesting that MySpace has plans to add a news channel to MySpace.
Jesus! MySpace already owns the “middle” of the social networking space now they want to add professional news content? They would be better off adding a channel called people’s news, where regular people report what they see, a la, “there’s a traffic accident on Route 80.” Or, “there’s a hold-up underway in the 7-11 in Bumpus Mills.
News Corp is getting overly greedy and trying to spread its seed in too many places. This will end up being a mistake for them and will dilute their powerful MySpace franchise.
Tags: Rupert Murdoch, MySpace, PSFK, George Parker, News Corp