News Corp. (NWSA) has started a process to decide on the future of its
MySpace social network “in earnest,” Jonathan Miller, head News
Corp.’s digital media group, said today. “We’re trying to
strategically figure out what to do with MySpace,” Miller said at a
media conference in Abu Dhabi. News Corp., which paid $580 million for
MySpace in 2005, may end up selling the Beverly Hills,
California-based company, for $50 million to $200 million, according
to MocoSpace, a potential acquirer. http://www.bloomberg.com/news/2011-03-16/news-corp-starts-process-to-decide-f...
MySpace social network “in earnest,” Jonathan Miller, head News
Corp.’s digital media group, said today. “We’re trying to
strategically figure out what to do with MySpace,” Miller said at a
media conference in Abu Dhabi. News Corp., which paid $580 million for
MySpace in 2005, may end up selling the Beverly Hills,
California-based company, for $50 million to $200 million, according
to MocoSpace, a potential acquirer. http://www.bloomberg.com/news/2011-03-16/news-corp-starts-process-to-decide-f...
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