Viacom still trying to make up for Myspace fuck up

Playing its roll in old media spending big to get into new media, Viacom is said to be thisclose to buying the onion for around $10 Million. Now we have always said this and we will say it again. Viacom should have never let the Myspace deal go the way of Newscorp. But now they are paying for it by making these smaller purchases hoping to bring in big ad dollars. The satirical newspaper and Web site The Onion has been in talks to be acquired by Viacom, which could use them to complement its Comedy Central brand, according to a source close to the matter. read...