Follow LA Observed on Twitter here
All Things Digital's Kara Swisher reports that MySpace, the struggling social networking site, is going after SF-based Flixster, a social networking site that focuses on movies. Flixster has a huge following - upwards of 50 million visitors - and seems to fit into the MySpace plan to stop chasing after Facebook and concentrate on entertainment. Swisher says MySpace, which is owned by News Corp., is in the due diligence phase. Idea would be to combine Flixster with Rotten Tomatoes, another News Corp.-owned site.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the HomogenoceneOne last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing
New at LA Observed
On the Politics Page
Go to Politics
Sign up for daily email from LA Observed
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.