Reaction To Intermix-MySpace Acquisition

Some analyst/media reaction to Intermix(MySpace) acquisition by Fox Interactive Media:

Bambi Francisco: If next-generation media is about user-generated content, then may be the perfect centerpiece for tomorrow’s media conglomerates.

Reuters: “For a company with a market capitalization of over $50 billion and $6 billion in revenue last quarter to pay $580 million for the fifth most widely viewed domain, that strikes me as reasonable,” said Natexis Bleichroeder analyst Alan Gould.

More later…