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MySpace: 4 Lessons Learned from the Collapse | PCWorld - 0 views

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social networking lessons myspace

shared by Tom Litchfield on 01 Jul 11 - No Cached

Tom Litchfield on 01 Jul 11

MySpace's traffic has plummeted over the years, so it's no surprise that News Corp. is eager to unload the social network and move on. The sale price was reportedly between $30 million and $40 million, compared to the $580 million that News Corp. paid to acquire MySpace in 2005. That's a long way to fall. Here are four lessons learned from MySpace's collapse:

<div class="cArrow"> </div><div class="cContentInner">MySpace's traffic has plummeted over the years, so it's no surprise that News Corp. is eager to unload the social network and move on. The sale price was reportedly between $30 million and $40 million, compared to the $580 million that News Corp. paid to acquire MySpace in 2005. That's a long way to fall. Here are four lessons learned from MySpace's collapse:</div>

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