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Thread: Myspace has a new owner

  1. 07-23-2005, 10:21 AM #1
    boosted1jz
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    Default Myspace has a new owner

    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/..._newscorp_dc_2
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  2. 07-23-2005, 10:29 AM #2
    A1EX
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    damn hes lucky
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  3. 07-23-2005, 10:40 AM #3
    bigb996
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    thats awsome
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  4. 07-23-2005, 11:24 AM #4
    ALVIN
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    half a billion sounds good to me
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  5. 07-23-2005, 05:00 PM #5
    Julio
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    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.
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  6. 07-23-2005, 05:01 PM #6
    drupason
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    i think id still be happy with 580mill! lol
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  7. 07-23-2005, 05:02 PM #7
    JustinSane110™
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    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.
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  8. 07-23-2005, 05:02 PM #8
    Julio
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    I would to, But if it was generating that type of money... Just imagine... But hey is still 580 ! w00t w00t
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  9. 07-23-2005, 05:27 PM #9
    99ITRGIRL
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    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.

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  10. 07-23-2005, 05:27 PM #10
    Brandon C
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  11. 07-23-2005, 05:30 PM #11
    The Ren
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    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..
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