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News Corp. Reportedly Looks To Hand Off MySpace To Vevo


First Posted: 03/29/11 05:51 PM ET Updated: 05/29/11 06:12 AM ET

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Bloomberg:

News Corp. (NWSA) is in talks to hand over control of Myspace to Vevo.com, the online music website partly owned by the world's biggest record companies, according to three people with knowledge of the situation.

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News Corp. (NWSA) is in talks to hand over control of Myspace to Vevo.com, the online music website partly owned by the world's biggest record companies, according to three people with knowledge of th...
News Corp. (NWSA) is in talks to hand over control of Myspace to Vevo.com, the online music website partly owned by the world's biggest record companies, according to three people with knowledge of th...
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Thomas Crampton

Thomas Crampton: The Many MySpaces

With today's reports about potential massive layoffs at MySpace, it bears noting the different characteristics that have driven the site globally. For example, MySpace UK and US are quite different, according to the head of the UK site.

Filed by Catharine Smith  |  Report Corrections

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Patricia Harlow
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01:21 PM on 03/30/2011
Remember when MySpace was relevant before NewsCorp got their hands on it?
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HUFFPOST SUPER USER
jsgaetano
Semper Fidelis Tyrannosaurus!
2890 Fans
 
12:49 AM on 03/30/2011
Here's what I find funny- NewsCorp (aka Fox) can't even make good business deals... yet they pretend they have credibility with business, like "Fox Business Channel" and the now-craptastic WSJ.
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bryanzth
Honest to Goodness USA Patriot!
2264 Fans
11:04 PM on 03/29/2011
News Corp. NOW I REMEMBER. That's why we use Facebook, and not My Space: Rupert Owns My Space (well, not for long, he has eaten it, digested and now it's...)

Going to be sold off to Vevo or smth.

Yikes.

BZ.
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jsgaetano
Semper Fidelis Tyrannosaurus!
2890 Fans
 
12:49 AM on 03/30/2011
Yeah, it seems Rupert can't do anything except run a propaganda tabloid.
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bynddrvn5
My micro-bio is unwritten.
1119 Fans
08:04 PM on 03/29/2011
What, Myspace is still around?

Haven't visited that site in years.
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14tavoliberal
150 Fans
05:09 PM on 03/29/2011
That would be a bad move for VEVO , myspace cannot make a comeback! It's gonna be like giving free money to news corporation
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bryanzth
Honest to Goodness USA Patriot!
2264 Fans
11:06 PM on 03/29/2011
Maybe Vevo is being forced to buy it, in kind of a Mafia-like purchase of "product" by the News Corp mob.

BZ.
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