MySpace Working to Monetize Traffic

Just last week I took a CNN analyst to task for not seeing the importance of MySpace. How quickly things come to pass on the online world. Yesterday came the announcement that News Corp is looking for a search partner to help them monetize the incredible traffic that MySpace is generating. See, create an online community and there will be ways to monetize it. Analysts, look up just a little from the quarterly returns and try to look a little further down the road.

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