Monday June 15, 2009

What happened to MySpace?: When Rupert Murdoch bought MySpace in 2005, he was hailed a visionary.  Now, MySpace is losing traffic (-2%) while Facebook continues its stratospheric growth (+87%).   And MySpace parent Fox Interactive Media may have deep job cuts on the horizon.  So now many are asking, what happened (or didn’t happen) after the acquisition? 

Update: MySpace slashes staff by 30 percent

What happened to MySpace?: When Rupert Murdoch bought MySpace in 2005, he was hailed a visionary. Now, MySpace is losing traffic (-2%) while Facebook continues its stratospheric growth (+87%). And MySpace parent Fox Interactive Media may have deep job cuts on the horizon. So now many are asking, what happened (or didn’t happen) after the acquisition?

Update: MySpace slashes staff by 30 percent

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