MySpace sells to Specific Media for $35,000,000
Posted: Sun Jul 03, 2011 6:14 am
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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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...
[read more]