Tuesday, December 4, 2007

Rupert Murdoch Acquires BeliefNet


Photo from CBS News

Well, Rupert Murdoch has managed to buy himself into every corner of Earthly society. I suppose he's trying to buy himself into heaven now. . . Codgerly as he is (oh yeah, and evil), I suppose it's worth a try.

[Excerpt]

Murdoch Gets Religion

Rupert Murdoch's global media empire announced Tuesday that it has acquired Beliefnet, the largest faith and spirituality information site on the Web, for an undisclosed sum.

Beliefnet will become part of Fox Digital
Media, which consists mostly of News Corp.'s popular social networking site, MySpace. The move looks like part of News Corp.'s efforts to expand its vast media reach onto the Internet, where Wall Street sees the best growth opportunities for media conglomerates. . .

Read the rest at: The Street
Hat-tip to Stupid Monkey Planet for the link

No comments:

Post a Comment

Have something to say to us? Post it here!

Related Posts Plugin for WordPress, Blogger...