Rupert Murdoch, the draconian warlord of the News Corp., owners of Fox, wants to run the internet television universe, and he wants to do it through recently-acquired MySpace. Making a deal with his daughter, Elizabeth, and her company Shine, they are planning on off-lining some of the episodic content on the 'Space into DVD and live television.
What does it all mean? It means you're going to get more things like the disastrous Quarterlife coming your way, if Mr. Murdoch has his way. And, of course, he will have his way. That's what he does. He's a multi-billionaire, for Pete's sake. That's what they do.
Yahoo! News: Murdoch seeks to make interactive TV his space