MySpace worth more than NY Times?

by Mathew on September 19, 2006 · View Comments

On his recent radio show, former money manager and current investment pit-bull and part-time sideshow freak (and friend of Paul Kedrosky’s) Jim Cramer said that old media companies will never be as successful as new ones because they keep getting dragged down by the losses of their legacy assets like newspapers, and that on the open market, something like MySpace would be worth more than the New York Times. Discuss.

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  • http://starkedsf.com/archives/talk-of-the-town-hump-day-7/ Starked SF, Unforgiving News from the Bay

    Facebook users need to get some corn in their diet. Interesting post on 3tera “disposable infrastructure. The Google Murder. Apple’s new everything, audio, video, scratch ‘n’ sniff. Ingram queries, Is MySpace Worth More Than the NY Times? Beet.TV Shelly Palmer interview: Golden Age of Television is Now! Open Source Pimp: anti-drug videos on YouTube. Interesting and cheap video player from Disney. Hexbollah hacks Israeli radio. Miliitary

  • Paul K.

    You forgot to say, “And friend of Paul’s”. You have to love Jim. He’s a flamethrower….

  • Mathew Ingram

    He certainly is. Of course, I meant “pit bull and “sideshow freak” in a nice way :-)

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