Thursday, June 30, 2011

MySpace Sold for 35$ Million

It seems the web market it’s bubbling again and the buy/sell it’s rising again real fast over the technology markets.
This time it was myspace.com website that was sold for 35$ million dollars to Specific Media enterprise in a partnership with the actor and musician Justin Timberlake.

After in 2005, the News Corp, the Rupert Murdoch enterprise, bought MySpace.com on a fight with Viacom, now the website was sold again. Remember that the MySpace was bought for 12$ million dollars but after an huge success of a social network called Facebook, the hype over MySpace loose a little bit of spark.

Let’s now see if this new way to MySpace can take it back on track.

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