Whilst reading the posts of CenterNetworks I came across this little diddy by Matt Harwood talking about media companies investing in web applications/services. His point was that these types of buyouts are needed as there are only a few large Internet properties that "do" this sort of thing. My previous post on Amazon and how nobody mentions them when talking about "serious online' players is distinctly demonstrated in Mat''s article below as he lists ... well I'll let you read it.

I'm not picking on Matt, and his point is very valid. I think we all applaud investment in online business's by every industry. In fact that's pretty much what I do for a living now