"MySpace is ready for a Huge comeback" -Justin Timberlake | JamiiForums | The Home of Great Thinkers

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"MySpace is ready for a Huge comeback" -Justin Timberlake

Discussion in 'Habari na Hoja mchanganyiko' started by XIII, Sep 26, 2012.

  1. X

    XIII Member

    Sep 26, 2012
    Joined: Aug 29, 2012
    Messages: 55
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    When media titan News Corp. first purchased MySpace in July, 2005, for $580 million, the thought of selling it just six years later for $35 million was unthinkable. But it happened. Now, a year later, plans for MySpace's next evolution are finally revealed.

    Over the last three years, MySpace lost hundreds of millions in revenue and went through extensive layoffs, cutting over half their employees. Currently the MySpace audience is only 54 million. Compared to Facebook's nearly 1 billion members, many consider MySpace to be ....Read MORE ยป