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Fox to Purchase Myspace
jagger writes "News Corp announced on Monday that it has bought Intermix Media, owner of the popular MySpace.com social networking site, for $580 million. This follows an announcement by News Corp on Friday that it is creating an Internet division to hold the company's sports, news and entertainment sites." Update: 07/19 2:40EDT by C :Sorry about the copy errors, folks. They have been fixed.
Proper link:
It has bought Intermix Media, owner of Myspace.com, the fifth most-viewed internet domain in the US and owner of other sites for $580m.
When I saw this on Google News this morning, I was shocked to know that there was a domain out there that I have never visited yet it's the fifth most popular out there.
Why would other people be going to such a large site but not me? When I checked it out this morning I realized that it's nothing more than a "good looking" spam webportal.
$580000000 / 22064129 profiles (lower bound set by the number of "friends" "tom" has)
= $26.287010921664 / profile
i agree with you. I keep in touch with most of my friends on it. It's kind of replaced most of my personal email. I've seen some really great bands off of it, hooked up off of it, threw some great parties, and gotten to know some really great people too. I run a book club off it too.
I originally got on it, because friendster was really buggy at the time, and my ex on the time was on it.
it's hilarious too in that I'll go to the bar, and see people I've seen on myspace, and we'll talk about it like it's some guilty pleasure. it's pretty funny when a girl you've never met tells you that they know you when they only know you from myspace.
but yeah, hopefully Fox recognizes that the brand is stronger than fox, and doesn't try to insert some of their coporate DNA into it.
(I'm 27 in case you were wondering )