Charting MySpace: The End Of An Era

Maybe the second time’s a charm? MySpace has been bought by ad network Specific Media with Justin Timberlake with an ownership stake and a role in developing creative direction and strategy. On this second sale, the price tag was $35 million—only a few hundred million short of the $580 million News Corp (NSDQ: NWS). paid for in 2005, and a paltry amount compared to the $6 billion Rupert Murdoch once claimed it was worth. Below, we’ve updated our MySpace timeline (which was first published in January), showing the highs and lows of once-giant social network from launch to today’s sale.

Related

* Specific Media Buys Myspace for $35 Million; Justin Timberlake Gets A Stake
* Update: MySpace Sale Rolling To Conclusion; Cutting Staff By More Than Half
* What’s Up With MySpace (And Why Isn’t Yahoo Interested)?
* Charting MySpace From Hot To NotMaybe the second time’s a charm? MySpace has been bought by ad network Specific Media with Justin Timberlake with an ownership stake and a role in developing creative direction and strategy. On this second sale, the price tag was $35 million—only a few hundred million short of the $580 million News Corp (NSDQ: NWS). paid for in 2005, and a paltry amount compared to the $6 billion Rupert Murdoch once claimed it was worth. Below, we’ve updated our MySpace timeline (which was first published in January), showing the highs and lows of once-giant social network from launch to today’s sale.

Related

* Specific Media Buys Myspace for $35 Million; Justin Timberlake Gets A Stake
* Update: MySpace Sale Rolling To Conclusion; Cutting Staff By More Than Half
* What’s Up With MySpace (And Why Isn’t Yahoo Interested)?
* Charting MySpace From Hot To Not

Original Link: http://feeds.paidcontent.org/~r/pcorg/~3/gaUYMDSVsi8/

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