Myspace sold for 35 million
Posted: Thu Jun 30, 2011 9:15 am
Big loss for Fox/WSJ.
Honestly, I didnt' even think MySpace EXISTED any more....someone was stupid enough to pay $35 MILLION for it?
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Myspace sold for 35 million
https://www.championshipsubdivision.com/forums/viewtopic.php?f=10&t=24558
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Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 11:48 am
Honestly, I didnt' even think MySpace EXISTED any more....someone was stupid enough to pay $35 MILLION for it?
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 11:49 am
AZGrizFan wrote:
Honestly, I didnt' even think MySpace EXISTED any more....someone was stupid enough to pay $35 MILLION for it?
Saw the news this morning about it. Gonna rebuild it and remarket it.
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 12:15 pm
So, they're going to dump even MORE cash into something that's doomed to fail?Cap'n Cat wrote:AZGrizFan wrote:
Honestly, I didnt' even think MySpace EXISTED any more....someone was stupid enough to pay $35 MILLION for it?
Saw the news this morning about it. Gonna rebuild it and remarket it.
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 12:18 pm
At least they didn't pay the $580 million that Rupert Murdoch bought it for.AZGrizFan wrote:
Honestly, I didnt' even think MySpace EXISTED any more....someone was stupid enough to pay $35 MILLION for it?
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 12:40 pm
Well the world does need a place for strippers and whores to post pictures of themselves for free.AZGrizFan wrote:
Honestly, I didnt' even think MySpace EXISTED any more....someone was stupid enough to pay $35 MILLION for it?
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 12:57 pm
"We have whores and strippers" sounds like a great re-marketing campaign.andy7171 wrote:Well the world does need a place for strippers and whores to post pictures of themselves for free.AZGrizFan wrote:
Honestly, I didnt' even think MySpace EXISTED any more....someone was stupid enough to pay $35 MILLION for it?
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 1:23 pm
Justin Timberlake is apparently part of the new ownership group. He needs to find a new financial manager.
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 1:27 pm
They're adding to their portfolio of that includes AOL and Napster. I have a couple of old Betamax players somewhere - maybe they'd be interested.AZGrizFan wrote:
Honestly, I didnt' even think MySpace EXISTED any more....someone was stupid enough to pay $35 MILLION for it?
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 1:52 pm
The company that bought it is called Specific Media - I've dealt with them in the past, they're an online data and marketing firm.
MySpace has held on to an interesting niche of the market - it's very popular with African-American teens and a number of other minority groups. No joke - the guy I spoke with at Specific Media about 18 months ago about an online marketing plan for my candidate pitched MySpace for that reason... described the fall of MySpace and the rise of Facebook as "internet white flight"...
MySpace has held on to an interesting niche of the market - it's very popular with African-American teens and a number of other minority groups. No joke - the guy I spoke with at Specific Media about 18 months ago about an online marketing plan for my candidate pitched MySpace for that reason... described the fall of MySpace and the rise of Facebook as "internet white flight"...
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 2:51 pm
Oh for the love of God...he played the internet "race" card?TwinTownBisonFan wrote:The company that bought it is called Specific Media - I've dealt with them in the past, they're an online data and marketing firm.
MySpace has held on to an interesting niche of the market - it's very popular with African-American teens and a number of other minority groups. No joke - the guy I spoke with at Specific Media about 18 months ago about an online marketing plan for my candidate pitched MySpace for that reason... described the fall of MySpace and the rise of Facebook as "internet white flight"...
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 3:02 pm
not really... he was using it to pitch me on using MySpace to reach minority groups we were targeting - it was a decent hook - but the price was very wrong for the ROI...AZGrizFan wrote:Oh for the love of God...he played the internet "race" card?TwinTownBisonFan wrote:The company that bought it is called Specific Media - I've dealt with them in the past, they're an online data and marketing firm.
MySpace has held on to an interesting niche of the market - it's very popular with African-American teens and a number of other minority groups. No joke - the guy I spoke with at Specific Media about 18 months ago about an online marketing plan for my candidate pitched MySpace for that reason... described the fall of MySpace and the rise of Facebook as "internet white flight"...
I've heard similar about MySpace and FB... white teens referring to MySpace as "ghetto space" etc... I don't know how much of it is real, and how much is a fabrication of the media looking for cheap process story on "social media" and finding a "racial angle"... which, given how lazy reporters can be... wouldn't shock me at all.
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 3:15 pm
I don't think it has anything to do with a race card either and I thought it was a fairly widely known fact that Myspace has been a lot more afro-centric the last four or so years.TwinTownBisonFan wrote:not really... he was using it to pitch me on using MySpace to reach minority groups we were targeting - it was a decent hook - but the price was very wrong for the ROI...AZGrizFan wrote:
Oh for the love of God...he played the internet "race" card?
I've heard similar about MySpace and FB... white teens referring to MySpace as "ghetto space" etc... I don't know how much of it is real, and how much is a fabrication of the media looking for cheap process story on "social media" and finding a "racial angle"... which, given how lazy reporters can be... wouldn't shock me at all.
It ain't playing a race card if this is where black peops like to go and you want to market to them.
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 3:17 pm
Where's alpha and 89 when you need them?
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 4:13 pm
Myspace...where the fuck do you think they are?!Grizalltheway wrote:Where's alpha and 89 when you need them?
they're planning a wilding right now. and then gonna flashmob another Walmart and get away with the loot.
Re: Myspace sold for 35 million
Posted: Thu Jun 30, 2011 4:35 pm
Naturally, THIS is the dummy that makes this "news."CitadelGrad wrote:Justin Timberlake is apparently part of the new ownership group. He needs to find a new financial manager.