Multiply is Cheap. ABS-CBN is Stupid.
Last year, also-ran social network Multiply stepped into a petty third-world TV network war by entering into an ad deal with Philippine TV station ABS-CBN. Now Multiply gets pwned in that war — literally. ABS-CBN now owns 5% of Multiply, for the ridiculous price of $5 million. The sad part is, neither company knows what […]Click here to continue reading "Multiply is Cheap. ABS-CBN is Stupid."...Multiply is Cheap. ABS-CBN is Stupid.
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*does facepalm OVER 9000 times*
Not only are they stupid, they’re pretty much pride-bloated, too.
Did you know that they pulled out of Cosplay Mania 2008 just a week and a day before the event? The reason? They didn’t want to be featured with Animax, due to it being a “rival” anime network, though as I heard, Animax says the polar opposite, and that they didn’t mind being mentioned alongside Hero TV, but had the gall and guts to even interview an organizer (Mr. Pablo “kero” Bairan) and a coslayer as well, and show in on Probe.
Talk about hypocrisy, stupidity, and pride.
These guys think they own everything, Alfred. That’s why they take down YouTube clips they don’t even own. 😡
The Lopez Group of Companies should be destroyed and their clan wiped off the face of the earth.
The value of a social network lies not in its user-generated content, but in its social graph data. Neither ABS-CBN nor Multiply seem to understand that.
Multiply tries to host the former while ignoring the latter. That’s why their valuation is so cheap.
ABS-CBN wants to exploit the former while belittling the latter. That’s why their investment is so stupid.
What a way to spoil my 21st birthday than this news! I hope they (Mr. Pezaris and the Lopezes) deserved a Rider Kick and this demotivational poster defaced in their respective company blogs!