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May 5, 2024 · In 2011 News Corporation sold Myspace to Specific Media (after 2015, Viant) and singer Justin Timberlake for about $35 million. Time Inc. , bought Viant in 2016. Time Inc., was purchased in 2018 by the Meredith Corporation, which then spun off Viant and its holdings like Myspace as Viant Technology in 2019.
- The Editors of Encyclopaedia Britannica
- Who created Myspace?Tom Anderson and Chris DeWolfe, employees of the Internet marketing company eUniverse (later Intermix Media), created Myspace in 2003.
- When did Rupert Murdoch buy Myspace?In 2005 Rupert Murdoch’s News Corporation purchased Myspace and Intermix for $580 million.
- When did Justin Timberlake buy Myspace?In 2011 Justin Timberlake and Specific Media purchased Myspace from News Corporation for about $35 million.
On June 29, 2011, Myspace announced in an email to label partners and press that it had been acquired by Specific Media for an undisclosed sum, which was rumored to be as low as $35 million. [71] [72] CNN reported that the site sold for $35 million, and noted that it was "far less than the $580 million News Corp. paid for Myspace in 2005."
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Jun 29, 2011 · First Published: June 29, 2011: 3:23 PM ET. Advertising firm Specific Media has acquired MySpace for $35- million according to multiple news reports -- far less than its $580 million selling...
May 19, 2024 · In the meantime, Myspace continued to innovate and improve its services. By 2005, Myspace's founders sold Myspace to media mogul Rupert Murdoch's News Corp. for $580 million. At the time, the site ...
Jun 29, 2011 · JUNE 2008: $3.3 BILLION-$20 BILLION Looking at the total amount of Internet advertising in countries rather than creating an algorithm that takes into account a social network's pageviews and...
Jun 29, 2011 · 29 June 2011. MySpace had been a leader in the social networking revolution. News Corporation has sold its ailing social networking site MySpace to online advertising firm Specific Media. News...
Jun 29, 2011 · With Myspace's sale on Wednesday to Specific Media for $35 million, a fraction of what News Corp. paid for the social network in 2005, it might be difficult to remember the influence that the now-struggling site once had on our lives.
