MySpace is about to have a major wave of layoffs, according to multiple sources close to the company. One source describes the number of people affected as “massive”, while another source says that the layoffs will likely affect between 300 and 500 employees. It’s unclear if these numbers apply to MySpace alone or its parent company Fox Interactive Media, but MySpace makes up around 1600 of the… → Read More
Fox Interactive Media, the News Corp subsidiary that controls most of its online assets, has signed a 12 year lease agreement for a new facility in Playa Vista. All FIM companies in Southern California will move to the new facility starting in June of 2009. For those wondering about FIM and MySpace’s future growth, this move should settle speculation. The site will house over 300,000 square… → Read More
Fox Interactive Media announced this morning that it has acquired the thrillingly named Strategic Data Corporation (Google cache of site). SDC offers ad optimization technology that it claims helps clients “typically see network-wide revenue increases of 50-150%.” Fox Interactive spans a large number of sites from AmericanIdol.com to AskMen.com but is dominated by MySpace. Thus… → Read More
Fox announced tonight that Fox Interactive Media President Ross Levinsohn will be replaced effective November 27th. Peter Levinsohn, who is Ross Levinsohn’s cousin, has served as President of Digital Media for the Fox Entertainment Group. Ross launched Fox Interactive Media in July of last year, nearly simultaneously with the Fox acquisition of Intermix, MySpace’s parent company. He is… → Read More
Fox Interactive announced this morning that the first and second episodes of Warner Bros. Television’s THE O.C. this season will be available on MySpace and Fox affiliate sites as much as a week before they show on TV. A week after TV broadcast the shows will be taken back offline. Just like the last batch of shows that Fox said would be available on MySpace earlier this month, a downloadable… → Read More
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