Quantcast
  Facebook Connect Twitter Connect RSS Feeds
  • Brands
  • Search
  • Contact

Articles tagged with: specific media

Myspace Up For Sale, 95% Less Than Its Original Value

The former social networking giant, Myspace, has been in trouble for a while now but it has finally hit rock bottom, with a sale expected to go down within the next few days. News Corp purchased the “then-popular” social media network in 2005 from Co-founder Tom Anderson.

The site was purchased for $580 million and is now speculated to sell between $20 and $30 million, making it a huge loss for News Corp. (not like it will put much of a ding to their overall revenue)