MySpace is definitely not for sale, says News Corp. digital chief
Jonathan Miller, debunking the rumors floating around that Rupert Murdoch was planning on dumping the social network.
Rumors of the sale have been circulating since MySpace’s $900 million, three-year search deal with Google expires in August, and Facebook and Twitter gain market share over MySpace.
But “we are definitely not in any ongoing talks for a sale of MySpace,” Miller told reporters today at the Allen & Co media conference in Sun Valley.
This means you can still do your music PR among illiterate 13 year olds. Cool, huh?