“Red Hat plans to create a full-fledged Linux news service as
part of its effort to increase market appeal and potential
profitability.”
“Red Hat declined to comment on any news site plans, because the
company is in a ‘quiet period’ prior to its initial public
offering.”
“The transformation of Red Hat from the dominant seller of the
‘open-source’ Linux operating system into a software
developer/media company would be a key part of its effort to expand
its sources of revenue. With the site, Red Hat would be able to
seek advertising and sponsorship deals.”