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MySpace sells to Specific Media for $35,000,000

Posted: Sun Jul 03, 2011 6:14 am
by mikethedj4
Social network MySpace has been sold once again.
The buyer is digital-media company Specific Media, which purchased the site from News Corp. for an undisclosed sum. As part of the deal, News Corp. will take a minority equity stake in Specific Media.

AllThingsD's Kara Swisher, who first reported the sale earlier today, said Specific Media paid $35 million...

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Re: MySpace sells to Specific Media for $35,000,000

Posted: Sun Jul 03, 2011 6:38 am
by Jg99
Wow, how many times has it been sold and bought?

Re: MySpace sells to Specific Media for $35,000,000

Posted: Sun Jul 03, 2011 3:58 pm
by mikethedj4
I don't know. Poor Tom has no friends