Search results
Jun 15, 2011 · Even though News Corp. ambitions for MySpace did not pan out, analysts who follow the company said that the purchase was not an unmitigated disaster, primarily because a $900 million advertising ...
Apr 7, 2011 · In the 12 months after the News Corp acquisition, Myspace saw its unique visitors grow by 155 percent to 55.8 million a month, according to Web audience measurement service comScore. "We couldn't get servers into the building fast enough," recalls a former Myspace executive. "There was tremendous trouble scaling.
People also ask
Is MySpace a social network?
Why did News Corp start releasing songs on MySpace?
What happened to MySpace & other digital businesses in Los Angeles?
Why did Google buy MySpace?
Dec 4, 2009 · A move by MySpace and other News Corp digital businesses into the biggest new office development in Los Angeles was scrapped – after the $350m, 12-year lease had been signed – leaving the ...
May 19, 2024 · By 2005, Myspace's founders sold Myspace to media mogul Rupert Murdoch's News Corp. for $580 million. At the time, the site was the fifth most-viewed website online, and it continued to grow.
Jun 30, 2011 · News Corp. has finally unloaded MySpace for a mere $35 million, years after …. Once upon a time, MySpace was the king and pioneer of social networking. When Rupert Murdoch's News Corp. bought ...
- Anders Bylund
Jun 29, 2011 · News Corp has sold Myspace for $35 million, a fraction of what it paid for the once-hot social media site even as a new generation of Web-based start-ups is enjoying sky-high valuations.
Myspace (formerly stylized as MySpace; also myspace and sometimes my␣, with an elongated open box symbol) is a social networking service based in the United States. Launched on August 1, 2003, it was the first social network to reach a global audience and had a significant influence on technology, pop culture and music. [2]
