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Technology: Technology blog | guardian.co.uk: Breakfast briefing: Intel fires back over corruption allegations, MySpace stares at $100m shortfall
WebProNews Feed: MySpace To Miss $100 Million From Google Search Deal
Andy Beal's Marketing Pilgrim: Google Falls Short for MySpace
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MySpace Search Deal Income Will Fall Short By $100 Million This Year http://bit.ly/2vIeQ 29 days ago |
Breakfast briefing: Intel fires back over corruption allegations, MySpace stares at $100m shortfall
Technology: Technology blog | guardian.co.uk —
... ? Turns out that the social network is struggling to hit its targets and the resulting income could fall short by as much as $100m this year, as Murdoch confirmed from our colleagues at PaidContent. ...
MySpace To Miss $100 Million From Google Search Deal
WebProNews Feed —
... Still, it's worth noting that Murdoch didn't appear to be losing sleep over the development. In fact, he wasn't even keeping close tabs on it. Staci D. Kramer reported, "When I asked during the press part of the call how far short of the $900 million the deal would run, Murdoch at first guessed it would come in as much as $300 million short but other News Corp. execs on the call tried to reign that in, saying more like $100 million or maybe 10 percent, which would be $90 million." ...
Google Falls Short for MySpace
Andy Beal's Marketing Pilgrim —
... And because MySpace/FIM (now Digital Media Group, but whatever) didn’t meet their “very high guarantees,” as Murdoch put it, it’s their own fault. Interestingly, at first the deal “calmed some analyst and investor nerves, and allowed News Corp. to claim MySpace was paid for and then some,” says paidContent. News Corp bought MySpcae for $580M in July 2005, and they have seen at least that much in revenue from the Google deal. ...
Breakfast briefing: MySpace's expensive, empty digs - and iPhone worms
Technology: Technology blog | guardian.co.uk —
... and questions about its Google search deal, MySpace's money management is once again under the microscope after it emerged that the struggling web company is ...
When It Rains: MySpace Can't Fill Its Space; Losing $1M a Month on Vacant Lot
paidContent —
As if there weren’t enough problems raining down on MySpace, the News Corp (NYSE: NWS) subsidiary can’t find someone to occupy its once-future space as well, and as a result, losing almost $1 million a month on it, soon to go up to as much as $2 million, reports FT. Earlier this year, as part of the new management coming in and cost-cutting/layoffs, the company decided against moving into the big new office building in LA area, after announcing it ...
