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Tag Archives: News Corp

MySpace Likely To Be Sold For Only $20 Million

Posted by on June 29, 2011

According to All Things Digital, News Corp. is about to sell MySpace for an asking price as low as $20 million-$30 million. At the moment, advertising network Specific Media and private equity firm Golden Gate Capital are the two frontrunners in acquiring the one-time king of social networks. The purchase will also reportedly include as […]

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Could Hollywood Undead Have Saved MySpace Records?

Posted by on January 18, 2010

We’re hearing rumors of major shakeups at MySpace Records, if not a complete shutdown of the label altogether. Information is scarce on the joint venture between the News Corp-owned social network and Interscope Records, but TechCrunch reports multiple sources confirm the release of a large chunk of the label’s team, as well as GM Jay […]

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