Stories Related to Myspace Traffic Drop Costs News Corp About $100 Million

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Fri, 11/06/2009 - 8:18am

MySpace Traffic Drop Costs News Corp About $100 Million

The MySpace social media network’s traffic has dropped so much that it will fail to satisfy a minimum traffic level crucial to parent company News Corp’s three-year $900 million advertising deal with Google, inked in 2006, that made Google the exclusive search advertiser on MySpace — then the world’s most popular social network.

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