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by hristov
5468 days ago
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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. |
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