Why More Members, Money, and Ads Don’t Always Mean More Success: A B2B Marketer’s Survival Guide
Webbiquity SMM
AUGUST 26, 2014
The two companies were created six months apart; Myspace was founded in August 2003 and by July 2005 was bought by News Corp for 580 million dollars. Myspace’s user base decline resulted in a tremendous loss in valuation; in fact, News Corp sold substantially all of its Myspace ownership in May 2011 for a rumored 35 million dollars.
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