Sunday, May 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Cry Engine, Final Fantasy Direct X 12 Demos Impressed BUILD
Telecom Companies Seek Stay of FCC's Internet Regulations
Seagate Combines Cloud Storage Systems, High Performance Computing and Electronic Solutions Groups
Microsoft Releases Windows 10 for IoT Devices
LinkedIn Sees Slow Growth
Mozilla To Deprecate Non-Secure HTTP Sites
AMD Delays CrossFire Freesync Update
Microsoft Uses Machine Learning To Guess Your Age
Active Discussions
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
burning
 Home > News > General Computing > Specifi...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, June 30, 2011
Specific Media Acquires Myspace from News Corporation


Specific Media, a digital media company, today announced it has acquired Myspace from News Corporation. As part of the agreement, News Corporation will take a minority equity stake in Specific Media.

Additional terms of the agreement are confidential and will not be disclosed. However, the deal is for $35 million, according to sources.

"Myspace is a recognized leader that has pioneered the social media space. The company has transformed the ways in which audiences discover, consume and engage with content online," said Tim Vanderhook, Specific Media CEO. "There are many synergies between our companies as we are both focused on enhancing digital media experiences by fueling connections with relevance and interest. We look forward to combining our platforms to drive the next generation of digital innovation."

Advertising company Specific Media will team with pop singer Justin Timberlake to acquire Myspace.

Rupert Murdoch's News Corp swooped in to buy Myspace for $580 million in 2005. At the time, Myspace was among the world's most popular websites. Since then, however, Facebook has eclipsed Myspace in popularity.


Previous
Next
Fujitsu Launches New SPI FRAMs        All News        HTC Status Smartphone Coming Exclusively From AT&T
Fujitsu Launches New SPI FRAMs     General Computing News      Mozilla Launches New Thunderbird

Get RSS feed Easy Print E-Mail this Message

Related News
Myspace Settles FTC Charges
Myspace And Google Renew Their Search And Advertising Agreement
MySpace Introduces Mashup With Facebook
Myspace Debuts New Website and Suite of Products That Focus on Social Entertainment
MySpace Real Time Search Goes Live on Google
MySpace To Acquire iLike
MySpace Mobile Launches New Mobile Website
MySpace Partners With Google Through MySpaceID
MySpace Launches Streaming Video For Smart Phones
MySpace, Flock and Vidoop Collaborate to Develop OpenID Identity in the Browser
MySpace Enhances Its Music Site
MySpace Joins OpenID

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .