[LOL] The Media Mogul Who Flopped Hard on MySpace Is Seeking Revenge on TikTok!? What's Going to Happen to Us Gen Z-ers?ð±
Yo! Everyone, are you watching TikTok?ð Like, seriously, some crazy news just dropped! That super high-and-mighty media mogul family, the Murdochsâwho own Fox News and stuffâmight actually invest in our beloved TikTok. Isn't that, like, totally wildâïž
And get this, about 20 years ago, these guys had a historically massive failure on a social network called MySpace, lol. And now they're trying to get back into social media? Talk about a revenge spirit burning brightð¥. Is it actually going to be okay this time? I'm gonna give you a real breakdown of what's gonna happen to our TikTok from a gal's perspectiveð.
Why TikTok now?ð€ What's Fox's real goal?
Like, why are these TV station old-timers even interested in TikTok, right? Honestly, it's gotta be thisð
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Young people really don't watch TV anymore, lol
With 170 million users in the US alone, TikTok is the ultimate tool for reaching young people like usâš.
They want to make their own shows, like the NFL (American footballð) or The Simpsons, go viral on TikTok to lure us back to their TV channels and streaming services. Their motive is so obviousð.
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Ad revenue is just too good to pass up
You know how you just can't help but watch those short TikTok video ads? They want to run their own ads there and connect it to new business opportunitiesð°.
In short, these old-timers who don't want to be told that TV is dead are invading the holy land of youth, TikTok, and waving at us like, 'Hey, come over here too' lol.
But we can't forget their dark history... the MySpace disasterð±
Let me take a trip down memory lane for a sec. Back in 2005, the Murdoch family bought a social network called MySpace for $580 million (that's over 60 billion yen at the time!? Crazy, right?).
MySpace was kind of like mixi back in the day, popular with musicians and stuff, but then Facebook came along, they missed the wave, and it became totally irrelevant...𥺠In the end, they were forced to sell it six years later for just $35 million.That is a total, massive disaster, lol.
They should have learned from that failure, but running a social network is super hard, so it doesn't seem like it's gonna be smooth sailing this time either, right?ðŠ
[Future Prediction] What happens to TikTok if Fox gets involved?ð®
If this actually happens, our TikTok life might change! I tried to predict the future a little bitð
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Content might get more professionalâš
Since they'll bring in their TV station know-how, we might see more high-quality content like short dramas or quiz shows born on TikTok! If my faves are in them, I'd definitely watchð.
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The theory that a news tab will be born ð°
Clips from Fox News and the like might start flooding our 'For You' feeds. I think it'll split us into those who go, 'Ugh, I'm not interested lol,' and those who think, 'Actually, this is kinda interesting.' It feels a bit iffy if it gets too politically charged, though...
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Will the algorithm be altered...?
Right now, individual creators are the stars, but there's a non-zero chance the 'For You' mechanism could change to favor big corporations like Fox. If that happens, the fun of TikTok as it is now might get cut in half, boo-hoo ð¥º
As for an analytical perspective, the biggest reason for MySpace's failure was that they 'couldn't understand the users' feelings.' TikTok's god-tier algorithm understands what we 'like,' but if the management changes and that strength disappears, there's definitely a possibility that users will leave, just like with X (formerly Twitter). In the end, I think the key to success is whether they can prioritize the vibes of us usersð
ðSummaryð
Here's a summary of what we talked about!
â The media mogul Murdoch family is considering investing in TikTok, overcoming their past huge failure on MySpace!
â The goal is to reach us Gen Z-ers who don't watch TV, and to tap into the advertising business ð°
â If they succeed, we might see a new form of media and social networking, but if they take one wrong step, there's also the risk that the fun of TikTok will be lost... ð±
With a media giant entering the scene, will TikTok become even more interesting, or will it just turn into a promotional tool...? We seriously can't take our eyes off future developments ð
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