News Corp. Rupert Murdoch sees the sale of MySpace
12:57
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A sale or partnership with the giants of the internet such as Yahoo or AOL were two or more options under consideration.
Chase Carey said Chief News Corp., operating as media giant actively studied the sale of the social networking site that he bought for $580 million (￡ 373 m) in 2008.
Mr. Carey said a sale or partnership with giants like Yahoo or AOL Internet, two or more options under consideration.
"There is possibilities make the 20 things [MySpace] but that does not mean that you will make 20." "If there is something there logic you should think", he said.
Mr. Carey, who already described losses of MySpace as "not acceptable or sustainable", refused to set a deadline for the social networking site go back to profitability before he go ahead with a sale. ""I am not going to take to break [number of] neighbourhoods", he said. "It is not years... we have to deal with this emergency.?
Mr. Carey said the company engineers had a "very good job" to redesign MySpace to better match the Facebook market leaders and Twitter.Il said that he would be "difficult" to sell MySpace before the reorganization.
MySpace was briefly evaluated billion $ when News Corp tried to merge with Yahoo in 2007.
