News Corp Buys Intermix Media/Myspace.com For $580 Mill
News Corp., the media conglomerate controlled by Rupert Murdoch, is buying the online company Intermix Media Inc., owner of the social networking site MySpace.com, for $580 million in cash.
At the same time it is being acquired by News Corp., Intermix is also buying the other 47 percent of MySpace.com that it doesn’t already own.
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Comment by Izaiah on 1 December 2006:
Anyone else having bother with myspace or is it just my pc?
Last couple of days it seems it wont let me download any song from anywhere.
Anyone having same bother - or anyone how to sort it?
Comment by Everton Blair on 1 December 2006:
I seem to remember reading somewhere that they are clamping down on copyrighted material