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May 19, 2024 · By 2005, Myspace's founders sold Myspace to media mogul Rupert Murdoch's News Corp. for $580 million. At the time, the site was the fifth most-viewed website online, and it continued...
May 28, 2024 · When Myspace was sold to Rupert Murdoch's News Corp for £454m in 2005, Anderson was just 35 years old. He continued to work at the firm for another four years, before retiring at 40.
Jun 3, 2024 · Tom Anderson, co-founder of Myspace, vanished after selling his social media company to News Corp. for $580 million. Rating: False. About this rating.
Apr 29, 2021 · Anderson sold Myspace to News Corp in 2005 for $580 million. Six years later, Myspace sold again for a hugely depreciated $35 million, prompting Rupert Murdoch to refer to the initial purchase...
- Luke Winkie
The MySpace.com domain was originally owned by YourZ.com, Inc., intended until 2002 for use as an online data storage and sharing site. By late 2003, it was transitioned from a file storage service to a social networking site.
Feb 13, 2024 · Despite the decline, Anderson, Myspace’s co-founder, managed to exit the scene with substantial financial gains. Anderson co-launched the platform in 2003 alongside Chris DeWolfe.
- 4 min
- Jeannine Mancini
Myspace is currently fully owned by Viant Technology Holding Inc. (formerly Specific Media), which acquired Myspace for $35 million from News Corp. in June 2011. Viant itself was acquired by Time Inc in February 2016 for an undisclosed amount.
