Ouch: News Corp Lost Over $200M on MySpace Sale

[exfileme]

News Corp took a massive hit in the wallet in its fiscal fourth quarter earnings thanks to the sale of MySpace.

Ouch: News Corp Lost Over $200M on MySpace Sale : Read more

 

[phishy714]

lolololmyspacelolol

 

[RazberyBandit]

Big surprise? Hardly...

 

[kinggraves]

200 million is a roll of toilet paper to Murdoch. He deserves everything he gets considering he owns a media empire of lies and corruption.

 

[pdfsmail]

Myspace is still around !?
O, I guess I should try to visit my profile... nah nevermind, I need to check my facebook account.

I would not have given this a thought... Goodbye Myspace...

 

[bildo123]

[citation][nom]pdfsmail[/nom]Myspace is still around !?O, I guess I should try to visit my profile... nah nevermind, I need to check my facebook account.I would not have given this a thought... Goodbye Myspace...[/citation]

No worries...Facebook will get old and die like many fads have done over the decades. The threshold begins at the point where everybody stops giving a crap about what everyone else is doing. (which has the potential to never end, but still).

 

[jacobdrj]

The only way for MySpace to succeed is to change their name from MySpace to ANYTHING ELSE...

MySpace has too much negative branding and has since lost the web traffic of the past to Facebook. If MySpace was co-branded with something else, like "FanInterActionWithMusicians.com, powered by MySpace" with a myspace.com redirect there, you could SERIOUSLY improve the perception of the brand, and have the existing content migrated there slowly...

 

[belardo]

Hopefully the loss of my space will be like popping a pimple on Murdoch's butt compared to what the investigations turn up in all these countries he's been screwing us with. He should lose billions and go to jail for 20 years.

 

[gorehound]

Awesome !!!!
Now let's hope he loses a lot more

 

[Pyree]

MySpace before News Corp= MySpace
MySpace after News Corp= TheirSpace (Fail!)

No wonder they lose money.

 

[Guest]

"200 million is a roll of toilet paper to Murdoch. He deserves everything he gets considering he owns a media empire of lies and corruption."

You ever watch the train wreck that is MSNBC?

 

[Guest]

MIKE JONES!!

 

[K-zon]

Least to say its not being used as much for what it is to say. So one still using it might be able to use it.

 

[silverblue]

Sorry, but I think we already knew that NewsCorp lost a packet when they sold MySpace. The only thing really newsworthy about this article is that NewsCorp lost money, and that will bring cheer to many a person, and especially those people who've had their phones hacked over the past few years.

Shame that the final paragraph puts a downer on things.