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-- MySpace sells for $35M...


Posted by cammaxwell on Jun-30-2011 14:12:

MySpace sells for $35M...

MySpace has been sold for $35M by News Corp after they bought it for $580M in 2005. Apparently Justin Timberlake and another media company join forces to buy it too.

ARTICLE


Posted by Summerlover on Jun-30-2011 14:45:


Posted by Dior Homme on Jun-30-2011 14:48:

Hmm, which company sold for more? MySpace or Sean Jean?


Posted by geroin on Jun-30-2011 14:50:

why would anyone buy that shit

(this reminded me to delete my account)


Posted by GGM on Jun-30-2011 14:56:

What's next? ICQ sells for a couple 24s and a carton of smokes?


Posted by PivotTechno on Jun-30-2011 15:37:

$35 mil for a dead horse? Crazy.

Probably threw in some RIM shares to sweeten the deal.


Posted by *~LiSa-LoO~* on Jun-30-2011 17:34:

I didn't know MySpace still existed. Poor Tom.


Posted by kotsy on Jun-30-2011 17:56:

quote:
Originally posted by geroin
(this reminded me to delete my account)


same
I went a couple years without logging on and was greeting with an insane amount of spam in my inbox and comments section


Posted by Shaya007 on Jun-30-2011 21:40:

quote:
Originally posted by *~LiSa-LoO~*
I didn't know MySpace still existed. Poor Tom.


I bet you he made his $$$ looooong time ago


Posted by infinity HiGH on Jun-30-2011 22:58:

quote:
Originally posted by *~LiSa-LoO~*
I didn't know MySpace still existed. Poor Tom.


Uh, I'm pretty sure Tom has more coin in the bank than all of TA combined Lisa.


Posted by *~LiSa-LoO~* on Jun-30-2011 23:38:

quote:
Originally posted by infinity HiGH
Uh, I'm pretty sure Tom has more coin in the bank than all of TA combined Lisa.


I wasn't referring to the money. I was referring to the fact that MySpace went downhill fast once FB hit the internet, so it may be sad to see his baby losing popularity.


Posted by lazy haze on Jul-01-2011 02:29:

I never had a MySpace account, and never will...I thought the social networking part of the site was weak. But it was/is a great way to check out a few songs from bands coming into town. There are a few other new alternatives (soundcloud,bandcamp) but usually when I google a band's name their Myspace page is the first result.

I hope it sticks around at least for music purposes.


Posted by Jackn Funk on Jul-01-2011 03:35:

Did they watch The Social Network and think Justin Timberlake can do what he did in the movie?


Posted by Swamper on Jul-01-2011 04:05:



MySpace.com used to be FreeDiskSpace.com back in the day.

Link

quote:
"At the genesis of the online storage space, sites like FreeDiskSpace.com began as virtual lockers, where individual users stashed their files," said Ricky Aaron, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board of MySpace.com. "Now we are seeing a shift away from that model. This change reflects an evolution from the more 'techie' nature of the early adopters in the world of virtual storage (where the language focused on folders, files, uploads and downloads) to a broader market appeal fostering the management of online information. We want our name to reflect the evolving nature of the company -- thus, MySpace.com"

The company's success with 300MB virtual hard drives has resulted in a stunning number of new users. In less than five months, the company has registered more than one million users who now extend their desktop computing to the Internet with their own virtual hard drives. As the company continues to aggressively define a seamless desktop to Internet and Internet to desktop interaction, it provides a more personal experience for each user. The MySpace name represents this dramatic change in how everyday users expect their computer experience to meet their personal needs, with the Internet as an integral part of personal computing rather than a distinct environment.


This was where I first stored TA MP3s for download since I got 5MB increase in quota for every 'email' (non-verified) I referred to them. I had 50+ gigabytes of space -- back in 2000 to have 10+ gigs of storage and unmetered bandwidth (for free) was unheard of.

I think only a handful of you are left that were around back then, lol


Posted by failsafe on Jul-09-2011 23:29:

I was (=


Posted by geroin on Jul-09-2011 23:42:

i used idrive.com back in the day when i ran a warez site lol
i actually think my site was what got them extremely popular with 30k hits a day



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