RIP MySpace....at least as its known. Sold!

http://news.yahoo.com/myspace-sold-35-million-report-141951950.html

Well, it's been on life support for some time.

 

I can't believe someone bought it ... let alone for that much. I would have offered $35.

 

Nice ROI.

 

Facebook should have bought the site. What's Tom up to, anyway?

 

I just deleted my account two weeks or so ago. I forgot I had one.

 

The equivalent of an Internet garage sale.

 

Figured it would go in a Woot-off.

 

At least one person still believes in MySpace -- because Justin Timberlake just purchased a considerable stake in the sinking ship.

Timberlake has not revealed how much he's invested in the company -- which News Corp. sold off today for somewhere between $30-40 million.

According to the official announcement, Justin -- who starred in "The Social Network" -- will "play a major role in developing the creative direction and strategy for [MySpace] moving forward."



http://www.tmz.com/2011/06/29/justin-timberlake-myspace-deal-ownership-facebook-news-corp-sale-specific-media-part-owner-stake-social-media-facebook-mark-zukerberg/

 

Next BOC is Monday... you never know what you'll find...

 

Introducing: Justin's Space. He's hungry for chicks to talk to.

 

well he does have a solid track record with these things, having already brought sexy back

 

They more than made their money back in advertising. Shortly after the purchase Google agreed to a $900 million advertising deal.