In Clown Co, Murdoch is the Big Winner

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Now that News Corp and NBC Universal have tied up to launch the “YouTube Killer” - an online library of big media video assets that could be licensed by online distributors like Yahoo!, MSN, AOL, and MySpace - Rupert Murdoch may be the only one in the online video market-space who ends up owning both content (via the JV) and distribution (via MySpace) in any material and meaningful way.

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