I had almost forgot about this deal between Google and MySpace, a NewsCorp company. In 2006 the two entered into an agreement. Basically Google would get exclusive search advertising rights in exchange for $900 million over three years. MySpace also had to guarantee a minimum amount of traffic. That was all three years ago and […]
News Corp's Profits Dive
Rupert Murdoch is starting to lose a lot of money and now they have had to slash their outlook. I guess the news last week the Countdown and Rachael Maddow didn’t help them out much either.