Google and MySpace Dive into Bed

[Ferraristi]

News Corp have chosen Google as the sole supplier of search and keyword advertising for MySpace.

News at Bloomberg -

http://www.bloomberg.com/apps/news?pid=20601087&sid=a9gV.dSBt624&refer=home

 

[logiik]

Looks like News Corp is gonna be making their money back...

 

[Jon]

Looks like News Corp is gonna be making their money back...

Myspace will be profitable for them before Q4 of 2007 rolls around.

 

[Jon]

Myspace will be profitable for them before Q4 of 2007 rolls around.

Scratch that.. they are profitable already.. Google signed a $900M deal with them to provide the search on myspace. This one deal put myspace up by at least $400M.

 

[Nizam]

Yeah, this is really good for News Corp. They were having a hard time monetizing myspace before but this will help them earn it now