Best comment:
Bebo - from $850m to $10m. MySpace- from $580m to $35m. Who's next?
Bebo - from $850m to $10m. MySpace- from $580m to $35m. Who's next?
I kid, I kid.. But seriously.
Also MySpace cost a lot of money to run. I actually looked at the News Corp financials and their digital properties division was losing hundreds of millions per year.