Collection

Tag: media

News Corp Buys MySpace: The $580 Million Social-Network Bet That Could Not Hold Its Lead

News Corp’s $580 million Intermix/MySpace acquisition bought the leading social network at exactly the moment the category was exploding—and then failed to defend that lead.

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AOL-Time Warner: The Mega-Merger That Became a Symbol of Dot-Com Excess

AOL and Time Warner combined at the peak of the Internet boom in a stock merger that promised digital-media convergence but instead exposed the danger of valuing strategic fit at bubble prices.

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