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News Corp to MySpace: Shape Up or Ship Out
Quote:
?We?ve been clear that MySpace is a problem.?
?The current losses are not acceptable or sustainable.?
They must show improvement in ?in quarters, not in years.?
News Corp. president Chase Carey spoke to investors earlier this week and everyone is talking about it. He made it clear that the 70 million drop in ad and search revenue wasn?t going to be tolerated and that without a major improvement MySpace?s days were numbered.
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http://www.marketingpilgrim.com/2010...-ship-out.html
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