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News Corp. warns MySpace over losses
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The following comments relate to this news article:

News Corp. warns MySpace over losses

article published on 3 November, 2010

News Corp. has sent a warning out to its social networking site MySpace that its continued losses have become a serious problem. "We've been clear that Myspace is a problem," News Corp. chief operating office Chase Carey said during a conference call. "The current losses are not acceptable or sustainable. Our traffic numbers are not going in the right direction." MySpace has had to ... [ read the full article ]

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Posted Message
jookycola
Member
_ 		3. November 2010 @ 22:57 _ Link to this message    Send private message to this user   
Anyone remember "HotorNot.com"?
No?
it was the hottest site just before Myspace blew up. Give it another 3 years and people will barely remember Myspace too. News Corp should get out now while they still can turn a profit in the sale.
[ + quote]
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