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Friday, July 8, 2011

Heat the sale of MySpace: who gives more? [article from Articleranks]

Heat the sale of MySpace: who gives more?


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Last February, News Corp. confirmed plans to place on sale at MySpace. In those days, ENTER.CO reported about the poor results which had been giving the company network, the same that led to the decision to find a strategic partner or learn to chance a good turn to leave the website, that a years spent their day.

Apparently, the business's plans have grown to be stronger along with a few days MySpace would become the other owners (in late 2010 was leaked in the media the network could be agreed to Yahoo).

According to The Wall Street Journal, the company expects for about six bids from MySpace at the end of the week along with the goal is usually to use a green light in the transaction in June.

A similar newspaper reported that one of many companies which have shown greater interest in the business a few immersed on the net market along with the entertainment industry. For example, relating to the name in the platform highlights the background music video on the internet Vevo, investment funds Thomas H. Lee Partners, Redscout Criterion Ventures and Capital Partners. Also, News Corp social network could be offering at least One hundred dollars million.

The company's decision to market MySpace is thanks to the economic losses it's generated. Lately the website traffic has been plummeting, also to not go to date, last month reached a 49% less than that achieved through the same month last year and posted his worst numbers since early 2006.

Do you consider the change of ownership of MySpace achieved reposition the website as among the most widely used social networks on the globe?



tags:myspace,news,myspace sale


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