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.tv MySpacetv.com, Not Myspace.tv??

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dcmike77

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This comment was just posted last night in Frank's blog.

"Would not have expected this from Richard Rosenblatt's former alma-matter, given he's relaunching the .TV namespace through demandmedia.com"

Please tell me this is a typo or a mistake or something. Richard pretty much founded myspace!!!!! A .tv extension for myspace tv would be huge for .tv, but alas, once again I'm disappointed... Geesh, are we live in crazyland right now?!?


Link to story:
http://frankschilling.typepad.com/my_weblog/2007/06/myspacetvcom-no.html
 
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This is going to get interesting really quick. MySpaceTV versus Me.TV, especially since MySpace already has a huge user base of free members and Me.TV wants that crowd.
 
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Ok, on the one hand I am not surprised. On the other, Rosenblatt should be falling out of his Gold Plated Helicoptor trying to get MySpace to use a TV extension. Although those wacky folks that own MySpace could swallow Demand, verisign and enom without batting an eye and never even worry about the competition.
 
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Showbiz said:
... Rosenblatt should be falling out of his Gold Plated Helicoptor ...

Lol! :lol:

If he can't convince them then maybe he should just tear off 1 of his high-end premium .tvs in exchange. It wouldn't cost them any actual capital...
 
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Some "facts"

Demand hopes to hit a market cap of ~ $2B by the end of the year (2007).

VeriSign Inc. (VRSN)

Market Cap: 7.71B
Employ*ees: 4,076
Qtrly Rev Growth (yoy): -11.90%
Revenue (ttm): 1.56B
Net Income (ttm): 425.25M
P/E (ttm): 11.78
.... more @ http://finance.yahoo.com/q/co?s=VRSN



News Corp

Employ*ees: 88,5161
Market Cap (intraday): 66.76B
Trailing P/E (ttm, intraday): 19.92
Revenue (ttm): 28.07B
Gross Profit (ttm): 8.73B

I didn't check the debt etc... but with much better return on cap and stronger P/E, oh, and not to mention 10X the market cap and 16X the profit, NewsCorp IS a much bigger player, but I don't think Verisign is looking too attractive right now.
 
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