Myspace has a new owner

[boosted1jz]

Apparently, Tom the creator of Myspace has sold it to Fox television network and Fox studios for $580 million!!! Fox saw myspace.com as a way to advertise because it would be a great marketing tool to the millions of users who view myspace everyday. I guess Tom hit the jackpot for making a small site into a large social network it is today and now doesnt have to work another day in his life. what a lucky bastard!

Read more here:
http://news.yahoo.com/s/nm/20050718/wr_nm/media_newscorp_dc_2

[A1EX]

damn hes lucky

[bigb996]

thats awsome

[ALVIN]

half a billion sounds good to me

[Julio]

Sold it to cheap... dumb sale.

If this is true:

""Intermix, which had $24.1 million in revenue in its fiscal fourth quarter, will become part of News Corp.'s newly created Fox Interactive Media.""

Then it was a dumb sale.

[drupason]

i think id still be happy with 580mill! lol

[JustinSane110™]

Well it was the company that owns myspace that sold for that much, not myspace alone. I'm sure Tom is getting a cut of it though, I hope anyways.

[Julio]

I would to, But if it was generating that type of money... Just imagine... But hey is still 580 ! w00t w00t

[99ITRGIRL]

Lucky lucky guy!! Lets all get together and do something like that. Yea I have myspace too but I don't get how to work it. Its all confusing for me.

[Brandon C]

Last Weeks News...

[The Ren]

I have myspace.. and it helps me keep in touch with some friends who dont have aol n such.. damn tom is ganna be set..