Did Myspace have a stock?
MYSPACE is a brand of AT Inc, listed on the stock exchange of New York. The sector of MYSPACE is Telecom Services….Stock market history AT Inc (MYSPACE)
| X | Price |
|---|---|
| Feb 15, 2022 | 24.34 |
| Feb 14, 2022 | 24.05 |
| Feb 11, 2022 | 24.13 |
| Feb 10, 2022 | 24.25 |
Who owns Myspace Justin Timberlake?
TI Gotham Inc.
Time Inc.
Myspace/Parent organizations
How much did News Corp sell Myspace for?
$35 Million
Back in 2005, Rupert Murdoch’s News Corp. bought Myspace for a stunning $580 million.
How did Facebook overtake Myspace?
The reason why Facebook still managed to beat MySpace was because it allowed the people involved in this site control its progress, and realised that people would likely want to reveal their true identity on the site and be able to connect with family, and friends around the world, thus striving to maintain a global …
Who bought Myspace in 2011?
In June 2011, Specific Media Group and Justin Timberlake jointly purchased the company for approximately $35 million. On February 11, 2016, it was announced that Myspace and its parent company had been purchased by Time Inc.
When did Fox buy Myspace?
2005
Rupert Murdoch’s News Corporation bought Myspace in 2005 for $580m.
Does Justin Timberlake still own Myspace?
In June 2009, Myspace employed approximately 1,600 employees. In June 2011, Specific Media Group and Justin Timberlake jointly purchased the company for approximately $35 million….Myspace.
| Screenshot of The Myspace Website in 2017 | |
|---|---|
| Area served | Worldwide |
| Owner | Viant Technology LLC |
| Founder(s) | Chris DeWolfe Tom Anderson Jon Hart |
Who owns Myspace today?
Viant Technology Holding Inc.
Myspace is currently fully owned by Viant Technology Holding Inc. (formerly Specific Media), which acquired Myspace for $35 million from News Corp. in June 2011. Viant itself was acquired by Time Inc in February 2016 for an undisclosed amount.
What killed MySpace?
Myspace failed because of rising competition, a poor and inconsistent product, heavy spending, as well as ongoing legal battles. Launched in January 2004, the site became the world’s leading social media platform. It was acquired for $580 million by News Corp in 2005 but eventually flamed out.