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Rupert Murdoch on Facebook: "Pretty cool . . .[but] it's like a utility. We [meaning MySpace] are more [about] media. We connect different cultures, different interests, all over the world."...
Quick takes on a meandering post-supper discussion: --Chris DeWolfe is re-upping for a couple more years at MySpace, he told attendees tonight. His initial two-year deal signed at the time...
The media world continues to shapeshift as new forms arise and old assumptions erode. On this blog, Bloomberg Businessweek will provide sharp analysis and timely reports on the transformation of this constantly changing terrain.