Money can’t buy you love, said the Beatles, but maybe they didn’t anticipate the financial daisy-cutter bomb that is a 21st-century multinational. With the news that News Corp and NBC plan to build a rival to YouTube, it’s time to ask the big question: can big corporations buy the zeitgeist or will they inevitably screw up?
YouTube was first, so it’s going to be hard for anyone to even dream of competing. The bonuses with News Corp is that they intend to provide legal ad-supported shows for people to watch. If anything helps them succeed, it will be that.
Source: CNet Crave