06/30/2011 10:02 am ET | Updated Jun 04, 2013

Online Ad Network Specific Media Acquires MySpace

Specific Media, one of the biggest online advertising networks, has purchased MySpace from News Corp. for $35 million today.

We spoke with CEO Tim Vanderhook recently about growth of the Irvine-based company, which is now one of the industry's largest video ad networks with its $55 million acquisition of BBE

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