Quote:
Originally Posted by Blazed
EVERYBODY is losing money right now. MySpace has been profitable for NewsCorp in the 4 years they have owned it. Mostly due to the huge deal they signed with Google.
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2007 they made 10 million and that is all I could find for a profit. I might be wrong. So this level of loss pretty much wipes that out. then add in that Google is very unlikely to renew the deal and ... uuugghh