MySpace Likely To Be Sold For Only $20 Million

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...

Could Hollywood Undead Have Saved MySpace Records?

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...