Hi Tokyo .....
If Murdoch were to go ahead and purchase a controlling interest in LOOK, (as is rumoured in a few quarters), Looksmart's Publisher/Media stratergy would go a long way to fullfilling it's purpose.
It wouldn't be a matter of LOOK NOT being profitable, but a matter of how soon will it be. The concept is enourmous, in real terms. Already LOOK have THREE "Majors" (including Viacom - Check them out) along with ASK and it's fair to say, Barry Dillers Empire.
"Leverage will belong to the nimble and the swift, and of course content will always remain king."
"Redstone said during today's Viacom Q2 conference call, "Consolidation was a necessary and important trend in the evolution of these business, but we have entered a new era of rapid technological change and global competition. Agility and innovation will separate winners from losers.
Leverage will belong to the nimble and the swift, and of course content will always remain king."
http://www.radioandrecords.com/Newsroom/2005_08_04/sumnerredstone.asp
Have a look over some of their many sites and see.
(WJZ is one).
http://www.viacomlocalnetworks.com/
Cheers !!
:)
LC
After Hours Trade Reporting Friday August 12
After Hours
Last: $0.66 After Hours
Best Bid: N/A After Hours
High: $0.66
After Hours
Volume: 14,180 After Hours
Best Ask: N/A After Hours
Low: $0.62
After Hours
Time (ET) After Hours
Price After Hours
Share Volume
16.35 $ 0.66 400
16.35 $ 0.66 6500
16.35 $ 0.66 2500
16.33 $ 0.65 3400
16.01 $ 0.62 600
16.00 $ 0.64 180
16.00 $ 0.64 200
16.00 $ 0.64 400
LOK
looksmart limited
murdoch ?? - it's not over yet, imo, page-3
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