Murdoch Wants to Trade MySpace for Chunk of Yahoo

Got to love the aggression of Rupert Murdoch. Buys MySpace and now wants to leverage it for a chunk of Yahoo!

Since he only paid $580 million for MySpace - the site that now gets more visitors than Yahoo - and Murdoch is looking to trade for a 25% share in Yahoo - I think his numbers are a little off.

The story of Murdoch's desires came to light today in the NY Post (which he owns) and other publications.

About the author

Frank Watson has been involved with the Web since it started. For the past five years, he headed SEM for FXCM -- at one time one of the top 25 spenders with AdWords. He has worked with most of the major analytics companies and pioneered the ability to tie online marketing with offline conversion.

He has now started his own marketing agency, Kangamurra Media. This new venture will keep him busy when he is not editing the Search Engine Watch forums, blogging at a number of authoritative sites, and developing some interesting online community sites.

He was one of the first 100 AdWords Professionals, a Yahoo and Overture Ambassador, and a member or mod of many of the industry forums. He is also on the Click Quality Council and has worked hard to diminish click fraud.