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Title: NewsCorp Unloads MySpace at Huge Loss

Added: Jun 29, 2011

Author: AssociatedPress

Duration: 1:14

Description:
News Corp. has sold struggling social networking site MySpace for $35 million. The deal values MySpace at a fraction of what News Corp. paid for the site six years ago. (June 29)

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Channel: Tech

Tags: news  corp-myspace  sale 



news  corp-myspace  sale 

Youtube Comments: 79

agent1up Says:

Jun 29, 2011 - what the fuck do you want to argue about? what the fuck is wrong with you? shouldn't you be out socializing or something, or are you tweeting from the club?maybe you being so argumentative, is the reason you're alone,ever thought of that?

VertSk8er12 Says:

Jun 29, 2011 - LOL. bro im starting to feel sorry for you. its obvious when i prove you wrong you do what a 10 year old would do and start saying anything. its obvious your a little bitch and i know your antisocial dumbass wouldnt say any of the things your saying to my face. have fun living with your parents your entire life you lonely bitch lol.

Roonskii Says:

Jun 29, 2011 - Like sarah palin...? palin loves her facebook.

reynoldsburgboy Says:

Jun 29, 2011 - Yah it does

PhxAntrax Says:

Jun 29, 2011 - i'm sorry but i am hook on Facebook i will never go back to myspace sorry Myspace

tradernorton05 Says:

Jun 29, 2011 - I pay no attention to Palin or any other worthless politician.

southport97 Says:

Jun 29, 2011 - Myspace: Spamspace

kxmode Says:

Jun 29, 2011 - I still don't like Tom.

IamYoddle Says:

Jun 30, 2011 - Somebody should buy it and turn into a completely new type of site. You can't compete with facebook, so do some different. You already got name recognition, so make something awesome.

FRSFreeState Says:

Jun 30, 2011 - As a MySpace User myself, I hope this saves the Social Network. 

Ronc303c Says:

Jun 30, 2011 - If Murdock wasn't anti-gay, I wouldn't have left Myspace.

fito427 Says:

Jun 30, 2011 - the problem is that they just don't get it that people want the old MySpace back. They don't want to listen that's the problem. I bet you that if they bring back the original Myspace, it will start to pick up traffic and people will start making new accounts on there or open their existing accounts which I bet they haven't opened up in years. lol

TRYER25 Says:

Jun 30, 2011 - I hate when these companies say they lost so much money on stuff like this. So how much did they make off the site since they bought it 6 years ago? 100 Mill this year and how about the rest? I am glad they got shit off the sale.

WHUDDUPBITCH Says:

Jun 30, 2011 - Umm *Seems like 2006 when myspace was relevant.

SharkDude1 Says:

Jun 30, 2011 - Its all a "Tax Write off" for NewsCorp. so guess who will be paying the bill? The Tax payers.

Xc31 Says:

Jun 30, 2011 - lol dumbass. do you know that most news outlets in the US are owned by arabs?

baseballdude508 Says:

Jun 30, 2011 - Thank god, they totally destroyed Myspace and ruined it for everyone. FUCK YOU RUPERT MURDOCH

furionbeemer Says:

Jun 30, 2011 - tuna - not 35billion moron its 35 million

restlesspride666 Says:

Jun 30, 2011 - This is what happens when you try to make money too much. People notice and they fucking stop giving it to you.

jxsilicon9 Says:

Jun 30, 2011 - Actually most of it is controlled by Jews.

UrlsGrrl54 Says:

Jul 2, 2011 - FACEBOOK killed the Myspace hype (sung to the tune of "Video Killed the Radio Star")! Lmfao.........

tnguyen318 Says:

Jul 19, 2011 - Address the Problem my ass. What happens when you address the problem to those who are Nasty? They go out Happy and be even more Nasty.

teddybear6920 Says:

Aug 12, 2011 - All Myspace has to do is to return back to the way it was when Tom Had it. Everybody wanted to be there. When they started to put this new crap they lost a lot of people. They were obsessed with being like Facebook. Myspace was on top for a reason. They were unique.

GrandesClassicos93 Says:

Dec 30, 2011 - If it ain't broken, don't fix it! When will they learn?

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