From: Mike Jones
Sent: Wednesday, June 29, 2011 11:26 AM
To: Myspace All
Subject: IMPORTANT COMPANY NEWS
Today, we are announcing that Myspace will be acquired by Specific Media, one of the world’s leading online media and advertising platforms. Over the next…
That’s it, guys. MySpace sold for a mere $35 million — less than a tenth of the $580 million price News Corp. bought it for roughly six years ago. Much of the staff is going away, as is the CEO. Click the link to read his letter. Sarah Lacy’s piece on the “death” of Digg seems relevant here.