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Posts Tagged ‘Jonathan Miller’

News Corp. to Determine Fate of Myspace in Two Weeks

Jonathan Miller, head of News Corp.’s Digital Media Group, said that the fate of Myspace will be known very soon. He told Bloomberg, “In two weeks we’ll know something.” That “something” probably isn’t going to anything positive, as the site has been hemorrhaging money for quite some time now.

Yes, those are some pretty dark clouds looming around your Myspace profile. Your page might have a fantastic picture of Vin Diesel in the background, and we bet it automatically plays a great selection of Enrique Iglesias songs, but sadly, its time is probably coming to an end.

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News Corp. to Build Social Networking Games

Jonathan Miller, News Corp.’s Chief Digital Officer, told people gathered at a recent media summit that the company is looking to expand into the social-gaming market. Miller noted that it would not be tied to Myspace, but its own entity:

Social gaming has a business model. People who play FarmVille actually spend real money to buy virtual food or whatever it may be for their pig. Most people don’t but enough do so that it’s a real business.

If News Corp. does enter into this market, it would be wise for Miller and others to avoid any further references to FarmVille. While the game rakes in the cash, it’s widely known to be a complete scam.

However, if FarmVille is obviously a scam and people play it anyway, News Corp. might as well take advantage of their stupidity.

News Corp. Digital Chief: Content Will Be Gone From Google Soon

google news.jpgOne day after Rupert Murdoch‘s number two Chase Carey was quizzed about the mogul’s plans for pay walls and Google, News Corp.‘s chief digital officer Jonathan Miller said that the company would be removing its content from Google within a few months.

Speaking before the Monaco Media Forum earlier today, Miller said it would be “months and quarters — not weeks” before News Corp. moved to take its content from Google and similar search engines, but pointed out that the conglomerate could easily survive without the traffic driven to its sites through search:

“The traffic which comes in from Google brings a consumer who more often than not read one article and then leaves the site. That is the least valuable of traffic to us…the economic impact [of not having content indexed by Google] is not as great as you might think. You can survive without it.”

Still, Miller did admit News Corp. couldn’t make the move alone — other media companies would have to follow their lead. “There has to be a resolution for the free versus pay debate otherwise we cannot afford to pay for things like news bureaus in Kabul,” he said.

We haven’t heard of any other companies toying with the idea of removing content from Google News, which claims to drive 100,000 clicks to new sites per minute. If he doesn’t get any co-conspirators, will Murdoch still make the leap?

Rupert Murdoch to remove News Corp’s content from Google ‘in months’Telegraph

Earlier: News Corp.’s Carey: Consistency For Pay Walls Is Key

Yahoo’s Jerry Yang Steps Down as CEO

JerryYang.jpgLooks like at least one chapter of the long Yahoo soap opera has drawn to a close. Jerry Yang, who co-founded Yahoo back in 1995 announced yesterday that he was stepping down from his position as CEO. The move comes after many, many months of wrangling, proxy battling, and failed takeover and merger attempts — most notably Yang turned down a unsolicited offer of $31 a share in cash and stock from Microsoft — and more recently a failed move to strike a search-advertising partnership with Google.

Yang took over as CEO in June of 2007 amidst “high hopes” but quickly became the object of shareholder frustration and criticism after turning down the Microsoft offer amidst plummeting stock shares. Proxy battler Carl Icahn had promised to replace Yang if he was successful in his bid this past spring, but in the end the two managed to strike a truce, which kept Yang in is position. That said, apparently Yang has been considering stepping down for months. Wired says Yang is “out of the company he cofounded looking anything but a visionary, but instead as yet another high tech entrepreneur…who didn’t realized that time had passed him by.” On the upside Yang’s return to a figurehead position (Chief Yahoo) may pave the way for another deal with Microsoft. As for who might fill Yang’s shoes?

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