January 09, 2006

MySpace.com Future Plans and Who is in Control?

At a Citigroup investor conference, Rupert Murdoch, the Chairman of the media evil empire, News Corp. outlined future plans for MySpace.com. He said the company plans to add a video download feature where users can post and share videos. They will also improve the instant messenger functionality and offer VOIP internet calling. The company also plans to license a new search engine to help users navigate the content. MySpace now has 47 million members and 32 million unique visitors each month.

The strange part of this story is why is the Chairman of News Corp. announcing these features at an investment conference. Didn't the founders of MySpace.com say they are in charge and in control even after the take-over? Didn't they say not to worry about corporate control? Inquiring minds want to know who is really controlling the ship.