Filed in archive
Dating Sites
by Mark Brooks on July 21, 2005
THE DEAL -- Jul 19 -- News Corp.'s $580 million acquisition of Intermix Media Inc. and MySpace.comyesterday could Spark some renewed interest in this once-hot Internet
sector. "Media companies tend to keep a close eye on what the others
are doing. With a purchase like this, you can't help but believe that
other media companies will be looking closer at other social networking
sites," said Brad Bowers of BlackInc Ventures LLC. The acquisition will
boost the valuation of other social networking companies. August
Capital partner David Hornik, an investor in Tickle,
argued the increased ability of online companies to monetize their
viewership could lead to more consolidation. Last year, Barry Diller's IAC agreed to pay an undisclosed amount for ZeroDegrees Inc. FULL ARTICLE @ YAHOO
Mark Brooks:
How long did it take Yahoo and Amazon and Match to become profitable?
The leading social networking sites will make money aplenty. Users will
demand value added premium services in time, and be willing to pay for
the conveniences. Huge viral traffic volumes are keeping the major
players afloat with healthy advertising fees right now.
Permalink: Social Networking Attracts Interest
Tags:
social
networking
dating
attracts
interest
social+networking
networking+attracts
attracts+interest
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/7850
Addthis
Ask
Blinklist
del.icio.us
Digg
Fark
Facebook
Google
Lycos
Ma.gnolia
Mr Wong
Netscape
Netvousz
Newsvine
Reddit
StumbleUpon
Slashdot
Tailrank
Technorati
Wink
Yahoo
Vote for Social Networking Attracts Interest:
|
Rating: 10.00 out of 1 vote(s) cast.
|
Subscribe
Use the search to look for other interesting posts
| RSS |  See all blog subscribe options |
 What is RSS? | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Newsletter | |
| Follow us on Twitter! |
