Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Also, Slashdot's Facebook page has a chat bot now. Message it for stories and more. Check out the new SourceForge HTML5 internet speed test! ×
Advertising

Submission + - Specific Media to buy MySpace (wsj.com)

tripleevenfall writes: Ad-targeting firm Specific Media has agreed to buy News Corp.'s struggling social-media site Myspace.
The deal, expected to be announced today, values Myspace at between $30 million and $40 million, well below the $100 million News Corp. was seeking for the troubled social-media site. The deal involves considerably more equity for News Corp. than cash, according to a person familiar with the matter. News Corp will retain a small stake in the site, the people familiar with the matter said.

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Specific Media to buy MySpace

Comments Filter:

Every little picofarad has a nanohenry all its own. -- Don Vonada

Working...