Taylor Swift Mark Wahlberg Cher Elizabeth Banks Celebrity News
Thursday, June 30, 2011
Katie Holmes is Becoming Self-Aware
Charlie Sheen Took Steroids While Filming ?Major League?
Jennifer Aniston Jade Jagger Busta Rimes Kanye West Taylor Swift
News Corp. dumps MySpace for just $35-million
After taking a beating at the hands of Facebook and others, Rupert Murdoch?s News Corp. has just agreed to sell the floundering social site, MySpace to Specific Media for just $35-million.
News Corp. bought the ailing, Santa Monica-based social hub in 2005 for $580-million and its value climbed to $1-billion+ during the birth of the social media boom. But flagrant mismanagement meant they lost ground to Facebook and it never came back.
By comparison, Facebook is now valued at $65-billion.
Those close to the deal say News Corp were initially seeking a price closer to $100-million but settled on Specific?s offer after other keen suitors dropped out. The deal is now in its final stages and is expected to close later today.
And while the sale will cost half of MySpace?s 400 staff their jobs, Rupert and the boys are not leaving town ? The group will retain a 5% stake in the site, though why this is even attractive given the site?s shrinking relevance [they lost 10-million users in just the first two months of this year] is not being discussed.
If you use MySpace, what do you think ? will this sale save them or is the site doomed??
Source: THR
Source: http://feedproxy.google.com/~r/HotMommaGossip/~3/0s7jochwA1s/
Taylor Swift Mark Wahlberg Cher Elizabeth Banks Celebrity News
News Corp. dumps MySpace for just $35-million
After taking a beating at the hands of Facebook and others, Rupert Murdoch?s News Corp. has just agreed to sell the floundering social site, MySpace to Specific Media for just $35-million.
News Corp. bought the ailing, Santa Monica-based social hub in 2005 for $580-million and its value climbed to $1-billion+ during the birth of the social media boom. But flagrant mismanagement meant they lost ground to Facebook and it never came back.
By comparison, Facebook is now valued at $65-billion.
Those close to the deal say News Corp were initially seeking a price closer to $100-million but settled on Specific?s offer after other keen suitors dropped out. The deal is now in its final stages and is expected to close later today.
And while the sale will cost half of MySpace?s 400 staff their jobs, Rupert and the boys are not leaving town ? The group will retain a 5% stake in the site, though why this is even attractive given the site?s shrinking relevance [they lost 10-million users in just the first two months of this year] is not being discussed.
If you use MySpace, what do you think ? will this sale save them or is the site doomed??
Source: THR
Source: http://feedproxy.google.com/~r/HotMommaGossip/~3/0s7jochwA1s/
Brad Pitt Jennifer Aniston Jade Jagger Busta Rimes Kanye West
'Top Model' Star Accused Of Auto SMASH 'N DASH
6/30/2011 12:40 AM PDT�by TMZ Staff��
Jonny Fairplay's grandma -- whose death he lied about on "Survivor" -- claims Jonny's estranged wife RAMMED her car during a HEATED vehicular stand-off earlier this month ... and then fled the scene.
According to the police report, obtained by TMZ, Jonny's estranged wife -- former "America's Next Top Model" contestant Michelle Deighton -- came back to Jonny's house to pick up some of her stuff. Problem was, Jonny had changed the locks while she was gone -- and Michelle couldn't get in.
Jonny was out of town at the time -- and according to the report, when his Grandma rolled up to check on things, Michelle was already there. G-ma informed Michelle she was trespassing and then blocked her van in the driveway while she called police.
According to the report, Michelle allegedly rammed granny's car trying to get out -- and then took off across the front yard, empty-handed. Attempts to reach Michelle weren't successful.
Jonny's grandma went to the hospital this weekend to get checked out -- but she still ain't dead, despite what her license plate says ... "DEAD-GMA." No kidding. It's in the report.
Tags: Jonny Fairplay,�Celebrity Justice
Michael Bay: ?I?m, Like, a True American? (*Actual Quote)
Source: http://feedproxy.google.com/~r/thesuperficial/SNxk/~3/Ku_3I998T1c/michael-bay-gq-quotes-06-2011
Linsay Lohan Brad Pitt Jennifer Aniston Jade Jagger Busta Rimes
Pope Benedict XVI Signs Up for Twitter
#thingswedidnotexpecttowriteabouttoday....
Pope Benedict XVI has joined Twitter. The Holy One made a video (below) of his first Tweet, which reads:
“Dear Friends, I just launched News.va. Praised be our Lord Jesus Christ! With my prayers and blessings, Benedictus XVI."
Pope Benedict XVI Joins Twitter
This new Vatican’s website features news in Italian and English. The only question that now remains: Can Benedict XVI out-follow Charlie Sheen?
Remember to follow THG on Twitter for the latest news, views and Kim Kardashian bashing!
Source: http://www.thehollywoodgossip.com/2011/06/pope-benedict-xvi-signs-up-for-twitter/