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US$580 million
- In July 2005, in one of the company's first major Internet purchases, News Corporation purchased MySpace for US$580 million.
en.wikipedia.org/wiki/Myspace
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From 2005 to 2009, Myspace was the largest social networking site in the world. [5] [6] In July 2005, Myspace was acquired by News Corporation for $580 million [7] and, in June 2006, it surpassed Yahoo! and Google to become the most visited website in the United States.
Find out what MySpace really is, what it can do for you, how it blew past the competition and why Rupert Murdoch thought it was worth $580 million.
Sep 11, 2023 · MySpace, which still exists, collected a few notable pages from back in the day, and they'll give you a good picture of what things looked like. You could personalize your profile page using...
- Tim Marcin
- tim.marcin@mashable.com
May 19, 2024 · In 2011 Myspace was sold to Justin Timberlake and Specific Media Group for $35 million, showing just how much the site devalued since News Corp. purchased it six years earlier. What Myspace...
Dec 4, 2009 · “But the word came down from News Corp that if our revenues dropped we had to offset them dollar for dollar in cost reductions.
Feb 16, 2024 · How to find your old Myspace profile. Search for myspace.com and then enter your name into their search bar and voila, there's your old profile. You do not need to know your old password or...
Jun 29, 2011 · His model argued that MySpace should be priced at somewhere between $3.3 billion and $20 billion depending on how much value you place on each individual user.
