Welcome to music and entertainment insider Ron Roecker's Blog: where Pop Culture, Celebrities, Entertainment, Music, TV, Film, Brand Marketing, Philanthropy and Insider News-You-Can-Use Collide Under the Spotlight!
June 29, 2011
NEWS CORP NOW UNDERSTANDS WHAT CALIFORNIAN'S WHO USED TO OWN A HOUSE FEEL LIKE
News Corp purchased MySpace in 2005 for $580 million. Speculators say today they sold MySpace for $35 million to Specific Media, an advertising network. That's almost as bad as the housing market here in Sunny Cal! Congrats.