WebProNews

MySpace To Miss $100 Million From Google Search Deal

Way back in 2006, MySpace and Google signed a three-year deal that was supposed to have the search giant become the social network's exclusive search provider in exchange for $900 million.  Now, unfortunately for MySpace, around $100 million of that amount isn't going to change hands.

MySpace, Bebo Not For Sale

It looks like two significant social networks aren't going to change hands anytime soon.  Executives representing News Corp and AOL have, with different degrees of forcefulness, expressed their intentions to retain possession of MySpace and Bebo, respectively. 

Murdoch Says Newspapers Must Charge For Online Content

News Corp. chief executive Rupert Murdoch said on Thursday that newspapers must find a way to charge for online content to make up for declining ad revenue. "People are used to reading everything on the net for free, and that's going to have to change," Murdoch told attendees at the annual Cable Show event in Washington, D.C. Murdoch cited The New York Times as an example, saying it has a "very, very good Web site." He said he did not believe the paper would make any money online unless it changes its current business model.

News Corp Posts Disappointing Financial Results

There's no escaping it: News Corp had a rough quarter.  Rupert Murdoch thinks times will be tough for a while, too.  But even as the media giant posted some bad numbers, it turned out that at least a couple of its online properties are working well, with MySpace and WSJ.com making impressive amounts of money.

Online Journal Revenue Set To Increase

Rupert Murdoch said yesterday that online subscription revenue at The Wall Street Journal and Dow Jones could increase by $300 million a year up to the next three years.The News Corp Chief Executive was speaking at Goldman Sachs' Communacopia press conference in New York said he dropped his plan to make the WSJ.com a free and open site after seeing the revenue projections.

Digital Revenue Becoming More Important To Dow Jones

Dow Jones is about as old a company as you're likely to run into; founded in 1882, it makes at least a couple of countries look young.  It's staying with the times, though, as Rupert Murdoch expects considerably more than half of its revenue will soon come from digital undertakings.

MySpace Experiencing Ad- Related Revenue Difficulties

The good news, from News Corp's perspective, is that MySpace is continuing to grow.  The bad news is that profiting off social ads is tougher than the corporation had expected.

News Corp Considering Yahoo Deal

Rupert Murdoch may end up part of Steve Ballmer's bid to bring Yahoo into the Microsoft fold, depending on how the deal progresses.

Murdoch May Make Wall Street Journal Free

An online-only subscription to the Wall Street Journal usually costs $99, and around 1 million people have judged that to be a reasonable price.  Look for some drastic shifts, though, as Rupert Murdoch intends to lower that first number and increase the second.

MySpace Founders Stick With Murdoch

The term “ridiculously wealthy” may still apply, but MySpace founders Chris DeWolfe and Tom Anderson have renewed their contracts with News Corp., and reports indicate that the pair won’t become quite as rich as they might have wanted.