News Corp. and its Fox Interactive Media unit has been grabbing up web companies in true Murdoch fashion. With MySpace, Scout Media and Intermix already in the fold, the company is in the process of acquiring video search provider, Blinkx, according to a recent New Media report.
The interesting part is Fox it seems is the only broadcast affiliated media company that is aggressively buying these days.
ABC is jettisioning employees (prefering the popular outsource mode). CBS sold off the well known and branded MarketWatch. While NBC never really got involved in the web in any big way.
Guess Rupert's less top-heavy corporate approach can run and gun a lot easier.