{"id":412,"date":"2011-06-30T09:00:04","date_gmt":"2011-06-30T13:00:04","guid":{"rendered":"http:\/\/centives.wordpress.com\/?p=412"},"modified":"2011-06-30T09:00:04","modified_gmt":"2011-06-30T13:00:04","slug":"the-economics-of-myspace","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2011\/the-economics-of-myspace\/","title":{"rendered":"The Economics of MySpace"},"content":{"rendered":"<p style=\"text-align:center;\"><img decoding=\"async\" src=\"http:\/\/centives.files.wordpress.com\/2011\/06\/063011_1043_theeconomic1.png\" alt=\"\" \/><\/p>\n<p>In 2005 <a href=\"http:\/\/en.wikipedia.org\/wiki\/News_Corp.\">News Corp.<\/a> acquired <a href=\"http:\/\/en.wikipedia.org\/wiki\/Myspace\">MySpace<\/a> for $580 million. Now, six years later, after a long search for a buyer, News Corp. has finally sold it for $35 million. As is common with most companies, News Corp. doesn&#8217;t talk about the specific financial flows behind any one project and so it&#8217;s difficult to know how MySpace affected News Corp. Still, <a href=\"http:\/\/arstechnica.com\/tech-policy\/news\/2011\/06\/doing-the-math-on-news-corps-disastrous-myspace-years.ars\">Arstechnica<\/a><em><br \/>\n<\/em>attempted to make some inferences based on educated guesses. <a href=\"http:\/\/arstechnica.com\/tech-policy\/news\/2011\/06\/doing-the-math-on-news-corps-disastrous-myspace-years.ars\">Arstechnica<\/a><em><br \/>\n<\/em>estimates that MySpace was losing $8 million a year when it was acquired by News Corp. and that it lost $431 million in 2010, the year before it was able to offload it. You can read more about the analysis <a href=\"http:\/\/arstechnica.com\/tech-policy\/news\/2011\/06\/doing-the-math-on-news-corps-disastrous-myspace-years.ars\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/arstechnica.com\/tech-policy\/news\/2011\/06\/doing-the-math-on-news-corps-disastrous-myspace-years.ars\">Arstechnica<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2005 News Corp. acquired MySpace for $580 million. Now, six years later, after a long search for a buyer, News Corp. has finally sold it for $35 million. As is common with most companies, News Corp. doesn&#8217;t talk about the specific financial flows behind any one project and so it&#8217;s difficult to know how [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-412","post","type-post","status-publish","format-standard","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=412"}],"version-history":[{"count":0,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/412\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}