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Nov 30 2010 01:30 PM ET

News Corp. considers selling Myspace

News Corp.’s COO says the company is willing to selling off Myspace. (Recall that it’s no longer “MySpace.”) Chase Carey told Reuters that the company is open to a sale, partnership, or some other option. “There are opportunities here to do 20 things… but that doesn’t mean you’re going to do any of the 20. If there’s something there that makes sense you ought to think about it,” Carey said. Myspace’s recent redesign and rebranding efforts are an attempt to make the site more attractive to possible buyers, and Carey stuck by his position that the social networking platform had “quarters, not years” to turn itself around. “We need to deal with this with urgency,” he said today.

Read more:
Myspace redesigns itself, but is it enough?

Comments (3 total) Add your comment
  • chris

    Social Networks are stupid. Who cares what people that you knew 15 years ago are doing.
    If they were really your friends you would have stayed in touch with them.

    • SuperTrooper

      Uh oh, someones friend requests got rejected….

  • dropper

    What company would actually pay money to buy MySpace? The only thing it is good for these days is streaming albums.

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