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- Sadly, Myspace couldn't keep up with Zuckerberg's fancy Facebook and Tom sold the website to News Corp in 2005 for a cheeky $580 million, before retiring in 2009.
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2 days ago · Tom Anderson, co-founder of Myspace, vanished after selling his social media company to News Corp. for $580 million. On May 27, 2024, the X account @DivineManhood published a series of tweets and ...
Feb 13, 2024 · This influx of funds propelled Myspace’s growth until 2005 when Anderson and DeWolfe sold the company and its parent Intermix to News Corp. for $580 million. Following the sale, Anderson...
- 4 min
- Jeannine Mancini
Apr 29, 2021 · Anderson sold Myspace to News Corp in 2005 for $580 million. Six years later, Myspace sold again for a hugely depreciated $35 million, prompting Rupert Murdoch to refer to the initial...
- Luke Winkie
After XDrive went bankrupt in 2001, he and DeWolfe founded the direct marketing company ResponseBase. [2] [8] They sold ResponseBase to Brad Greenspan 's eUniverse in late 2002. [5] With other eUniverse employees, Anderson set up the first pages of Myspace in August 2003.
Oct 18, 2023 · Tom sold Myspace in 2005 for a whopping $580 million. Not all of that money went to him, but he still helped broker the massive deal. The man who popularized social media and effectively started Facebook before Facebook has been enjoying a fantasy retirement ever since closing the sale.
- Mustafa Gatollari
Tom Anderson sold Myspace for big bucks and traded in the spotlight to travel the world and invest. His love for photography is evident with breathtaking travel shots posted on his Instagram.
And, amazingly, in 2008 MySpace generated nearly a billion dollars in revenue, valued at some $12 billion at that point. (As an interesting aside, in February of 2005, DeWolfe even turned down Mark Zuckerberg’s offer to sell Facebook to MySpace for a mere $75 million….
