CNBC's New Media Report Card: Who Makes The Grade?
By: News Corp.'s Web network MySpace has been in talks for several months with online auction company eBay about a partnership, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
The idea is to let MySpace users buy and sell items from each other using eBay's online-commerce technology and its PayPal payment system, the Journal said, adding that MySpace users would be able to post items for sale on their profiles, and their eBay auctions would be automatically updated, according to a person close to the discussions.
Officials from MySpace and eBay were not immediately available to comment.
Wall Street is keeping a close eye on two media giants making news today. Disney reports earnings after the bell, while News Corp reported this morning. Although both “old” media companies are making plenty of old fashioned cash from movies and TV, we wanted to know which has the better strategy for making big bucks in new media? Find out what our panel of experts had to say.
