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Feb 11, 2016, 1:53 PM PST. MySpace was once seen as the king of social media, a heavyweight with upstarts like Facebook nipping at its heels. But after being purchased by Rupert Murdoch, the...
In June 2011, Specific Media Group and Justin Timberlake jointly purchased the company for approximately $35 million. On February 11, 2016, it was announced that Myspace and its parent company had been purchased by Time Inc. for $87 million.
May 19, 2024 · In 2011 Myspace was sold to Justin Timberlake and Specific Media Group for $35 million, showing just how much the site devalued since News Corp. purchased it six years earlier. What Myspace looks...
Jul 1, 2011 · In the case of Myspace, Timberlake made his own undisclosed financial investment, according to Wright. Timberlake declined to be interviewed for this story, but Wright insisted: “This is not a...
But in a surprising instance of life imitating art (that imitates life), Justin Timberlake did just that: The actor and singer has reportedly purchased an ownership stake in MySpace, along...
Feb 11, 2016 · Time Inc. is the new owner of Myspace, the one-time social media darling valued at $12 billion at its peak before being eclipsed by Facebook and Twitter.
Jun 29, 2011 · MySpace was sold today for $35 million to the largely unknown advertising network Specific Media, but as it turns out, the ownership stake in the company will go to a household name: Pop icon and...
