As Myspace Fades, News Corp. Mulls a Sale to Vevo.com (The Atlantic Wire)

The Atlantic Wire - News Corp. may have found a suitor on which to unload its ailing social network. Bloomberg reports that the company is in talks with Vevo.com to exchange Myspace for a "stake in a new venture." Vevo is the fifth biggest video site in the U.S. with 45.9 million visitors and is controlled by some of the biggest record labels, including Universal Music Group and Sony Music Entertainment. The match makes sense given Myspace's new focus on entertainment, music and celebrity fan pages following its redesign last October. Vevo, which relies on advertising-supported music videos, could leverage Myspace's popular musician fan pages.

Source: http://us.rd.yahoo.com/dailynews/rss/digitalmusic/*http://news.yahoo.com/s/atlantic/20110329/tc_atlantic/myspacefadesnewscorpmullssalevevocom36165

white iphone 4