NST just published an article today on two of the biggest and most outrageous Internet star-ups that we bought up for billions by media and Internet giants.
The first is YouTube, a popular online video-sharing website that was bought over by Google recently for 6 billion US dollars. The seocnd, which is really the more interesting site called MySpace, was also bought up by media giant NewsMedia for US 2 billion.
I contributed my thoughts in the NST interview as to why Myspace is so popular today not only as a social networking site, but also a place to market your online business.
Although it was not well-explained in the article, which I felt at times tried to cover too much (MySpace and YouTube at the same time), there’s a lot of potential in Myspace for marketing your business, for free or a small fee.
The NST article (page 30) includes case studies of Aby Huraira Othman’s Suicidal Clothing brand being sold on Myspace, which is worth a read.
If you want to learn more about MySpace marketing, I stongly suggest that you listen to this interview with Matthew Sherbone, or try his guide called Myspace Cash Machine.
With over 100,000,000 registerd users, you can definately carve out a niche in Myspace for any type of business. I will be using Myspace as an avenue to sell more CDs of my band (picture) when we’re finally done with our EP.
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aby is good!!! love all his designs.. >.<
Oops.. I meant to write “Broadcast.com to Yahoo”.
And, you actually seemed to just put the wrong currency, should be RM instead of USD.
Agree that most people including those at MDEC have yet to realize this. Take domain name industry for instance. One company now makes half a billion US dollar annually on domain registration alone, but how many takers are there in Malaysia? TM for instance is very able, but where is this company hiding at??
Yep Gobala… you got the wrong numbers for both transaction values for YouTube and MySpace. Think you mixed up with Mark Cuban’s Broadcast.com sale to YouTube during the dotcom boom.
Anyway, 2006-2007 seems like a revival of dotcom boom. It’s DotCom Boom 2.0. Watch out for more until 2009, likely!
Correct me if im wrong but was it 1.6 billion dollars or was it 6 billion the price of you tube? Ermm am new here….wats the name of your band?
MySpace is a best place to earn money . Best for CPM but not CPA , if you want more traffic to ur site , go for myspace … I have been earning more than from my myspace resource site which I am getting 23k uniq per day .. until i sold my site on Aug for a good price .. so do more market on myspace .. and start ur site related to myspace..
I know there are few guys selling off their site which related to myspace for 83k$ that is x 3.8 RM … that’s is alot .. i am happy to talk to u if u want .. cause I am malaysian too .. u can reach me at msn yjchelsea@hotmail.com
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