toggle

AAPL Stock: 113.29 ( + 0.37 )

Printed from http://www.macnn.com

Fox Mobile sold off, puts Bitbop into doubt

updated 04:05 pm EST, Wed December 22, 2010

Fox Mobile sold in News Corp shakeup

News Corp said on Wednesday that it was selling off Fox Mobile to the investment group Jesta. The terms of the deal weren't given but offloaded Bitbop, its fledgling TV streaming service. Online ringtone shop Jamster and Mobizzo were also included with the deal, whose terms weren't given out.

Jesta hasn't said what it plans to do with the groups, but it comes while Bitbop was still in a protracted beta. It had Android and BlackBerry versions in place but had yet to become publicly accessible while development was underway for an iPhone edition. Fox Mobile had unusually decided against supporting the iPhone at first since it believed it was more important to fill out the relatively weak media features on Android and BlackBerry devices.

News Corp has been trying to shed unprofitable parts of its business in the past year to make its Internet sections healthier. It has threatened closing MySpace if its redesign doesn't stem losses. In its core news business, it has been putting up paywalls at previously free, ad-supported sites and has teased an iPad-specific subscription daily in an attempt to rekindle interest in paid news. [via mocoNews]




by MacNN Staff

toggle

Comments

  1. chefpastry

    Joined: Dec 1969

    -1

    Never heard of it

    What's Bitbop?

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented