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.

Comments

ok...

[rainmayun]

have the moderators been replaced by a drinking bird that just clicks "Post"???

Will the internet zone now stop "spinning" ?

[Nurseman]

And will MySpace become fair and balanced ? :-)

Slashdot to Not Improve Story Editing Standards

[ravenspear]

News Corp announced on Monday that it , owner of the popular MySpace.com social networking site, for $580 million.

CmdrTaco announced on Tuesday that he, founder of the popular Slashdot.org technology site, for the readability level.

Re:Why haven't I heard of the 5th most popular sit

[dsands1]

I'd say it's more than just a good looking spam webportal. I'd classify it as the "have all, be all, end all of internet hook-up sites". In summary:

1. Broke up with my g/f of 4 years in Oct 2004
2. Spent a couple months just feeling sorry for myself and not dating at all
3. On the recommendation of a friend I set up a profile on myspace and started making "friends".
4. By mid-January 2005 I'd been on probably 8-10 dates, quite a few of which led to... intimate relations.

That's why people are going to the site.