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by rokhayakebe 5468 days ago
I think the difference is that NewsCorp made a billion plus in ad revenue from their deal with Google.
1 comments

I do not believe News Corp made any money from MySpace. If they did they would not be selling it. The google myspace deal was worth less than a billion dollars, and rumors are that Google actually paid less than that even because MySpace did not meet their traffic goals.

Also MySpace cost a lot of money to run. I actually looked at the News Corp financials and their digital properties division was losing hundreds of millions per year.