Time Inc. Acquires Viant — Parent Company of MySpace

The acquisition announced today was not exactly about MySpace.

MySpace, that website you loved before Facebook and Twitter (but after Friendster) is still alive. The site has gone through a few refurbishments and is now mainly a content platform and network for artists.

Time Inc. thought enough of the service to acquire Viant, the parent company of MySpace. Financial terms of the deal were not disclosed.

MySpace was acquired by Viant’s Specific Media from News Corp. (at a $545 million loss) in 2011 and The Wall Street Journal wrote in Jan.

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