News Corp: MySpace Risks $900 Million Google Deal

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First Posted: 11- 5-09 09:14 AM   |   Updated: 11- 5-09 09:19 AM

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Murdoch

AllThingsD:

The takeaway: The site [MySpace] is losing traffic and money and no longer expects to get all of the $900 million it once counted on from a Google search deal. Also, the company really doesn't know what to expect of the property going forward, except that it's a work in progress.

Read the whole story: AllThingsD

The takeaway: The site [MySpace] is losing traffic and money and no longer expects to get all of the $900 million it once counted on from a Google search deal. Also, the company really doesn't know wh...
The takeaway: The site [MySpace] is losing traffic and money and no longer expects to get all of the $900 million it once counted on from a Google search deal. Also, the company really doesn't know wh...
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i am loving this. anything that messes with this dictator is a good thing.

    Reply    Favorite    Flag as abusive Posted 11:44 AM on 11/06/2009
- lthuedk 1 I'm a Fan of lthuedk 1 47 fans permalink
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Without a dictatorship to propagandize for has left Murdoch without a home. This latest episode might add to the red column and not the black. Too bad. http://www.light-to-dark.com/ruperts_black_house.html

    Reply    Favorite    Flag as abusive Posted 03:57 PM on 11/05/2009
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this would be an excellent time for those losers still using myspace to move to anywhere else.

ru mur, stick with old media old dog.

    Reply    Favorite    Flag as abusive Posted 03:31 PM on 11/05/2009
- Mike4Obama I'm a Fan of Mike4Obama 33 fans permalink
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Myspace is a piece of crap.

    Reply    Favorite    Flag as abusive Posted 02:54 PM on 11/05/2009
- jsgaetano I'm a Fan of jsgaetano 197 fans permalink
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Sounds like Myspace is in the position Fox News will be at in about 4 years.

    Reply    Favorite    Flag as abusive Posted 12:56 PM on 11/05/2009
- fbs I'm a Fan of fbs 2 fans permalink

Myspace has been good for networking musicians but its definitely on its way out after contracts are up and they're done collecting those guaranteed checks. They haven't updated very many features lately, lost basic stuff like zip code search for musicians and have a lot of annoying ads. Its obvious they don't care about their future.

    Reply    Favorite    Flag as abusive Posted 11:20 AM on 11/05/2009
- jsgaetano I'm a Fan of jsgaetano 197 fans permalink
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> Its obvious they don't care about their future.

It's because of the conservative ideology behind how Myspace's owners run companies- into the ground.

    Reply    Favorite    Flag as abusive Posted 12:57 PM on 11/05/2009

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