Posts Tagged ‘Corp’
News Corp. sells Myspace for $35 million
News Corp. sells Myspace for $35 million
The new owner, an Orange County digital media firm, paid a fraction of the $580 million that News Corp. paid for the once-dominant social network in 2005. Myspace was once the Internet’s equivalent of the hottest nightclub in town. In its heyday, the world’s dominant social network attracted some 3 million bands, 8,000 comedians and countless filmmakers and wannabes who came to see and be seen.
Warner Music Group Corp. Reports Results for the Fiscal Fourth Quarter and Full Year Ended September 30, 2010
Warner Composition Group Corp. Reports Results for the Fiscal Fourth Quarter and Full Year Finished September 30, 2010
NEW YORK, NY–(Marketwire – 11/17/10) – Warner Composition Group Corp. (NYSE: WMG – News ) — Total revenue of $752 million declined 13% from the prior-year quarter, and was down 12% on a unremitting-currency basis. Full-year 2010 revenue declined 7% to $2,984 million, and declined 9% on a unremitting-currency basis. — Digital revenue was $197 million, or 26% of total revenue, up 7% from $184 million in …
MySpace sale reports are ‘fabrications’: News Corp
MySpace sale reports are ‘fabrications’: News Corp
SUN VALLEY, USA: News Corp digital chief Jonathan Miller said on Wednesday his company is not in talks to sell its once well loved social networking site MySpace and described reports of any discussions as “fabrications”.
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