MySpace Company Description
Don't want people getting all up in your space? Then maybe you shouldn't join MySpace.com. The social networking site was created in the fall of 2003 by Tom Anderson and Chris DeWolfe (CEO), as a looser, music-driven version of Friendster. MySpace.com quickly surpassed Friendster -- its membership of mostly teens and twenty- and thirty-somethings has grown to some 185 million users, making it one of the Internet's most popular Web sites. In 2005 News Corp. paid $580 million to buy Intermix Media, MySpace.com's former parent company, and folded it into Fox Interactive Media (FIM). Demand Media purchased the non-MySpace.com assets of Intermix Media (Grab.com, soyouwanna.com, gamerival.com) from FIM in 2006.
View the Comprehensive Company Description for MySpace
The Company Description provides a historical perspective of MySpace's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of MySpace's evolution in the marketplace.
