BeebSpace - an acquisition plan at the BBC

e-consultancy were sharp eyed with this one: BBC Worldwide, the broadcaster’s commercial arm, is apparently looking for an acquisition to compete with Rupert Murdoch’s Myspace, according to the Mail on Sunday.

The paper says the BBC has £350m to spend on acquisitions and wants to target the youth market through a social networking site.

I guess they are impressed with Rupert's claim of 30 BILLION clicks in June.

can I spot PR practitioners are rushing to Bebo to get some idea of what the new domian will look like.