May 23, 200619 yr NEW YORK and MENLO PARK, CA, April 24, 2006 Viacom Inc. (NYSE: VIA and VIA. today announced that it has reached a definitive agreement to acquire Xfire, Inc., the fastest-growing online gaming communication and community platform in the world, for $102 million in cash. Read more here.
May 23, 200619 yr As the guy said "**** Canada" on the South Park movie. I'm going to say "**** MTV." heh
May 24, 200619 yr i dont know what this means :|. For now, steveO, it doesn't mean anything. Life will continue as normal for a while. There may, in the future, be a heavier load of MTV/Viacom advertisements on Xfire, but I doubt they would drastically change Xfire to the point that it scares away its users. So don't worry! --- Tom Freston, President and Chief Executive Officer of Viacom, said, On both a strategic and an economic level, this is a terrific deal for Viacom. Xfire is far and away the leading PC gaming communications and community platform, has outstanding management, and is a perfect fit with our growing digital businesses at MTV Networks. It's a bull's eye against our young audiences. (emphasis mine) Maybe I've just watched too much West Wing lately, but the wording at the end of this quote scares me. A Bull's-Eye against the user? Ouch, man!
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