Wednesday 1 July 2009

Internet institution case study =D





Who Owns The Site?
Fox Interactive Media

Do They Own Any Other Media Businesses?
IGN Entertainment, Foto Bucket, ASKMEN.com, Fox.com, Foxsports.com.

What's Their Total Revenue?
$550 Million Ended June 2008

What Is Its Overall Worth?
$28 Billion

5 KEY FACTS:
- MySpace was founded by former Friendster members Chris Dewolfe and Tom Anderson in 2003.
-MySpace was purchased in 2005 for $580 million by Rupert Murdoch creator of a media empire that includes 20th Century Fox and the Fox television stations.
-MySpace has more than 40 billion page views a month
-Google paid $900 million to be MySpace's search provider.
-MySpace runs on Microsoft

Our Three Quotes
*"When considered in its proper context, these results indicate that the problem of personal information disclosure on MySpace may not be as widespread as many assume, and that the overwhelming majority of adolescents are responsibly using the website,"

*"There will come a moment when, like deer quivering and flicking up their ears toward a noiseless noise in the woods, the first adopters will suddenly realize they’re spending their time blogging, adding, and gawking at the same alarming photos as an army of 14-year olds, and quick as deer, they’ll dash to the next trend. And before you know it, we’ll all follow."

*"endangering national security, leaking state secrets, subverting the government, undermining national unity, and spreading rumors or disturbing the social order."

Linked Post
1) http://www.myspace.com/
2) http://www.myspace.com/tom

Key Info On The Home Page...

MySpace is a social networking website

It has interactive personal profiles, blogs, groups, photos, music, and videos for teenagers and adults internationally.

Its headquarters are in Beverly Hills, California, USA, where it shares an office building with Fox Interactive Media, which is owned by News Corporation.,

MySpace was overtaken internationally by main competitor Facebook

MySpace employs 1,000 employees, after laying off 30% of its workforce in June 2009.

The 100 millionth account was created on August 9, 2006, in the Netherlands.