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Article: News Corporation buys MySpace for $580M
- Article from:
- University Wire
- Article date:
- August 15, 2005
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Justin Malvin
University Wire
08-15-2005
(The California Aggie) (U-WIRE) DAVIS, Calif. -- News Corporation's $580 million plan to purchase Intermix Media, the parent company of MySpace.com -- an Internet networking site -- should be just another story of American capitalism, but this time there are kids involved.
Announcement of the merger sparked a discussion among users, gossip bloggers and politically minded youth, about how the purchase will affect MySpace users.
User fears center on News Corporation CEO Rupert Murdoch's alleged history of conservatism, according to students, and the idea that indoctrination, censorship or cost, may become a part of using the service after the merger is ...