What’s Next For FIM?

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In terms of major buys, don’t rule out CNET as a possible acquisition for Fox Interactive but, like IGN, the price range would have to be lowered from the current $1.5 to $2 billion. Ditto for Skype (now reported to be in talks with Ebay in the range of $2 billion to $3 billion), which probably would have to drop to $2 billion or lower for News Corp. to get back in the picture — unless Chairman Rupert Murdoch changes his mind.

In the meantime, look for the company to make some much smaller plays.

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