MySpace.com looking for a potential partner in China
November 9th, 2006 Leave a comment Visited 41 times, 3 so far today
MySpace.com looking for a potential partner in China
News Corp. has said in a statement that they can potentially announce a Chinese version of their social networking website MySpace.com during this fiscal year if they can find a suitable partner for this venture.
The company added that they are on their way to generate revenue in excess of $500 million at its Internet division in fiscal 2007.
News Corp. Chief Operating Officer Peter Chernin said in a statement: “We’ve had some conversations. It’s possible, if we can find some joint venture that makes sense.”
The company just recently announced that they are getting into a venture with Japan based SoftBank to launch a version of MySpace in Japan.
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