Murdoch's News Corp. buys Intermix for $580M

07/19/2005 | BBC

News Corp. purchased Internet company Intermix Media, which operates popular social networking site MySpace.com for $580 million. MySpace.com is the most-trafficked social networking site on the Web in terms of unique users and in terms of total page views trails only Yahoo!, eBay, MSN, Google and America Online.

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