fox empire to fold myspace into its evil plans

As if the blatant advertising (sometimes even coming from Tom) isn't stomach-turning enough, I didn't just find out that Rupert Murdoch already owns most of MySpace's parent company, but now has acquired the rest of it and will fold it into portions of his evil empire. I think I can see a "free" forum for "freedom of expression" (as if such things really exist in this country, but you know what I mean) of young liberal types turned into some sort of conservative money and faux-celebrity-making machine.

From The Bible's Industry News:

Murdoch Widens His Space on the Internet
Stepping up its presence on the Internet and grabbing a young demo to boot, News Corp has announced that it will acquire the 47-percent stake in Intermix Media that it does not already own for about $580 million. Intermix is the parent company of the popular socializing website MySpace.com and the entertainment portal Grab.com as well as some 28 other websites. The properties are expected to be folded into Fox Interactive Media (FIM), the new News Corp division announced only days ago by company chairman Rupert Murdoch. Noting that MySpace.com attracts a huge crowd of young users, News Corp President Peter Chernin told the Los Angeles Times: "We thought there was a real opportunity to jump-start our entertainment efforts on those demographics." In a separate interview with the online edition of Red Herring magazine, FIM president Ross Levinsohn said that the acquisition "scales us up in a big way. They bring assets and complementary technology that we don't have." He also appeared to underline Murdoch's recent forecast that the news, TV, and Internet media will eventually achieve convergence, saying, "In the future, there may be opportunities for people who have sites on MySpace.com to become Fox TV personalities, American Idol contenders, or even Fox News bloggers."