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Fox to Purchase Myspace

Posted by ryuzaki0 on Tuesday July 19, 2005 @06:26AM from the murdoch-immediately-propositioned-for-cyber dept.

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.

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here is my math by Ex+Machina · 2005-07-19 06:35 · Score: 4, Interesting

$580000000 / 22064129 profiles (lower bound set by the number of "friends" "tom" has)
= $26.287010921664 / profile
Re:Why haven't I heard of the 5th most popular sit by bmeteor · 2005-07-19 07:14 · Score: 4, Interesting

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 )