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Originally Posted by porn blogger
I can't tell the future, but I know MySpace wasn't purchased because it was failing, it was purchased as it was booming... As long as the demographic (teens to 25) is still able to access it, it will. Myspace has the social networking niche cornered and there are too many benefits in owning it to sell, but if it were to sell, we would see it go for record numbers.
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Didn't it go for record numbers in the first place?
Quote:
Originally Posted by sacX
Murdoch won't flip MySpace. He was late to the Internet game and made a risky purchase (Google were offered Myspace) . He's an empire builder and sees his old world media assets depreciating as a result of the Internet. He has to have an online strategy and at the moment MySpace is it. He's not all of a sudden going to abandon it.
Of course Google already have made a play for MySpace since News Corp bought it. They offered 900 million for the search revenue from Myspace and other News Corp sites till 2010, and Murdoch accepted.
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That's the idea, if Google realize they can make more off MySpace by owning it than by paying commission to NewsCorp, they're likely to make a new move to purchase the site. They may have passed on it the first time, but that doesn't exclude them changing their minds once they see it bring in steady revenue without a sign of declining. Obviously this is mere speculation, but to me it makes perfect sense.