News Corp. suggested Yahoo! to purchase a social network MySpace,
reports The Times .
News Corp representatives clarify that the sale of MySpace is part of a larger deal with Yahoo! .. In particular, Yahoo! also offered to purchase a game portal IGN. Both resources were bought by News Corp. in 2005 - MySpace for 580, and IGN for 650 million dollars. In exchange for Portals News Corp. wants 25 percent stake in Yahoo! ..
News Corp. is interested in the deal, even if it loses control over the portals, because it will contribute to the development of its Internet business, say the representatives of the corporation.
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Analysts claim that acquiring MySpace will help Yahoo! strengthen its position in the competition with Google. From Yahoo! There is no response to the offer. It is expected that the terms of the transaction will be considered after the resignation of the executive director Terry Semel and his replacement as one of the founders of Yahoo! Jerry Yang.
Well, perhaps Yahoo! in the event of a deal, there will be another opportunity to compete with Google, while My Space will have a chance to comb their hair in terms of design and functionality.