Monday, August 07, 2006

Google selected as MySpace search system: "NEW YORK, Aug 7 (Reuters) - News Corp.'s Fox Interactive Media on Monday said it selected Google Inc. as MySpace.com's search system in a multiyear search and advertising deal that also cover's Fox's other properties.

The deal ends months of speculation about which big search company, also including Yahoo Inc. and Microsoft Corp., would serve MySpace's popular online teen hangout.
As part of the deal, Google is expected to pay Fox at least $900 million in revenue share payments based on certain traffic and other commitments promised by Fox. These payments are expected to be made from the first quarter of 2007 to the second quarter of 2010."

Scarcity power moves from Search Engines ( Tool) to "Query Providers"( Source). In Ricardo economic model $900M would be equivalent to rent.

tags: system evolution source rent control

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