"Internet video is the trendy new thing, and Rupert Murdoch doesn't want to be left out.
Now that everyone from NBC to Apple is doing deals to run video online, News Corp. says it may get into the game as well. Chief operating officer Peter Chernin told investors at an industry conference Tuesday that his company is considering setting up a YouTube-like video service for its MySpace social networking site.
Chernin estimated that 60 percent to 70 percent of YouTube's traffic was coming from MySpace, and the company would rather keep the traffic itself than feed off to a middle man.
There was sharp reaction from bloggers to the comments; while they agreed that MySpace is a powerhouse, blocking developers from accessing the site may alienate users, they warned."
MySpace: Hands off our video News.blog CNET News.com:
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