BeetTV: Michael Wolff says News Corp. ‘knows nothing about technology’
June 17th, 2009Posted by Judith Townend in Editors' pick, Journalism
From Beet TV: Journalist and Murdoch biographer Michael Wolff on why News Corp’s acquisition of MySpace could be seen as a ‘relative calamity’ because the corporation ‘knows nothing about technology’. “We’ve seen this again, and again, and again and again … when mainstream traditional media companies buy technology companies they don’t do very well. Often they do terribly and often they actually collapse.”
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