Monday, 17 January 2011

Ailing MySpace May Be Sold -- Perhaps To Google [NewsFactor]

"The News Corp. CFO had implied that it might sell MySpace a few
months ago. At the right price there would be buyers, including
Google, potentially," said Greg Sterling, principal analyst at
Sterling Market Intelligence. "Google was a potential buyer of MySpace
the first time, but balked at the price tag. But there might be a fire
sale now. The brand has been damaged and has lost much of its cool.
But strong management might be able to resuscitate it."

http://www.newsfactor.com/story.xhtml?story_id=1000096W28HG

Posted via email from News: Noted

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