News: This may sound grade school-lish, but even in the business world petty fights may arise. According to the Wall Street Journal, Rupert Murdoch’s News Corp., which owns the ever popular social networking site MySpace, apparently was miffed by YouTube’s failure to respond to News Corp.’s email request to allow it a chance to bid on the company before the deal had been closed with Google. As a threat, MySpace has suggested it will stop its users from using YouTube videos on its site. (More from searchenginewatchblog)
To smooth things over, Google CEO Eric Schmidt will meet this week with News Corp. executives, including Rupert Murdoch. Google already has a $900 million deal with MySpace to place video advertising on MySpace. (More from Australia IT)
October 13, 2006 at 10:12 pm |
[...] According to several blog posts most notably YouTube Blog’s and an article on the Wall Street Journal site, executives and Rupert Murdoch of MySpace were pissed at YouTube for not letting them bid on YouTube last week when Google bought it. The owners of MySpace went so far as threatened to cut “off the MySpace links to YouTube”. I wonder how the users of MySpace would feel about this? Google who had a $900 million deal with MySpace to show advertising videos on the YouTube site (more here) has made plans to meet with Rupert Murdoch to smooth things over. [...]