Stories Related to News Corp. Sells Myspace To Specific Media For $35 Million

News Corp. Sells MySpace to Specific Media for $35 Million

MySpace, bought by the News Corporation six years ago for $580 million, has been sold to Specific Media for about $35 million, two executives with knowledge of the sale said Wednesday.

Senh: That's a third of what Friendster got sold for.

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    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. Myspace changed ...
    05/19/2024 - 2:45 am | View Link
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