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View Full Version : Google Pledges $900 Million to MySpace



Muck
08-07-2006, 06:27 PM
Google has won a highly prized deal with MySpace to serve Web search and advertising listings to the nearly 100 million members of the News Corp.-owned social network, besting rival Yahoo in the bid.

On Monday, MySpace parent company Fox Interactive Media said it had entered into a pact with Google that spans three years and nine months and gives the search giant exclusive rights to provide Web search results and sponsored links across MySpace. Google will also power search and ads for other Fox Interactive properties, including RottenTomatoes.com and Scout.com, though FoxSports, which is aligned with Microsoft's MSN, is not part of the deal.

Under the terms of the agreement, which will begin in the fourth quarter, Google must guarantee Fox Interactive minimum payments of $900 million over three years, as long as Fox meets certain traffic and other commitments.

The deal is a blow to Yahoo given that MySpace's advertising results have long been served up by Yahoo's search division. The agreement also ends a months-long hunt by MySpace for a new partner, a quest driven by growing demand among its members for Web search.

Peter Chernin, president of News Corp., said the deal was the first of many steps it plans to take with Google. "We look forward to expanding our relationship into many new areas over years to come," he said.

http://news.com.com/2100-1032_3-6102952.html?part=rss&tag=6102952&subj=news

So basically, Google gets search and ad rights for MySpace, Scout, and others over 45 months for a minimum $900 million as long as Fox meets traffic and other unknown marks. I wonder what those traffic contingencies are.

dominizzo
08-08-2006, 12:22 AM
WOOOW!!



That is amazing

burton87
08-08-2006, 12:24 AM
jesus christ...

YM305
08-08-2006, 12:41 AM
Holy ****.

PassRush
08-08-2006, 12:59 AM
Come on, cant I just have ONE million?

ih8brady
08-08-2006, 01:01 AM
these stupid web-page networking/stalker guides are making a crap load of $$$$ :confused:

Dolphin1184
08-08-2006, 01:15 AM
Google is just freaking amazing.

Muck
08-08-2006, 07:47 AM
Google is just freaking amazing.

Yes. And JT just wet his pants. :yes:

Mindwarp
08-08-2006, 08:03 AM
Yes. And JT just wet his pants. :yes:


:sidelol: i was just thinking the same thing.

arsenal
08-08-2006, 08:06 AM
didn't news corp just buy myspace for 500mil... now they are selling ad rights for 900mil... seems like quite a deal for news corp

Motion
08-08-2006, 08:45 AM
these stupid web-page networking/stalker guides are making a crap load of $$$$ :confused:
:yes: Advertising, instant access to 100+ million people. Fastest growing website on the net, last I heard it was getting over 2 million new members a month.