Way back in 2006, MySpace and Google signed a three-year deal that was supposed to have the search giant become the social network’s exclusive search provider in exchange for $900 million. Now, unfortunately for MySpace, around $100 million of that amount isn’t going to change hands.<\/p>\n
![\"Rupert](\"http:\/\/images.ientrymail.com\/webpronews\/article_pics\/rupert-murdock.jpg\" "\\"Rupert")
The amount of money Google was supposed to pay MySpace was in part dependent on traffic levels, and it’s no secret that those are in iffy shape. As a result, News Corp. execs admitted to analysts yesterday, a significant amount of cash is going to stay with Google.<\/p>\n
Rupert Murdoch said, "It’s quite simple. We’ve not been making our minimum guarantees so our search revenue will not be what our revenue was."<\/p>\n
Still, it’s worth noting that Murdoch didn’t appear to be losing sleep over the development. In fact, he wasn’t even keeping close tabs on it. Staci D. Kramer<\/a> reported, "When I asked during the press part of the call how far short of the $900 million the deal would run, Murdoch at first guessed it would come in as much as $300 million short but other News Corp. execs on the call tried to reign that in, saying more like $100 million or maybe 10 percent, which would be $90 million."<\/p>\n It doesn’t look like this represents as big a blow to MySpace as one might expect, then, which may mean its other revenue sources are proving more than productive.<\/p>\n Related Articles:<\/strong><\/p>\n > <\/span><\/span>MySpace, MSN Now Said To Be In Talks<\/span><\/span><\/a><\/p>\n > <\/span><\/span>Facebook, MySpace May Share Content<\/span><\/span><\/a><\/p>\n > <\/span><\/span>MySpace Introduces New Music Features<\/span><\/span><\/a><\/p>\n Way back in 2006, MySpace and Google signed a three-year deal that was supposed to have the search giant become the social network’s exclusive search provider in exchange for $900 million. Now, unfortunately for MySpace, around $100 million of that amount isn’t going to change hands. The amount of money Google was supposed to pay […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-36732","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/36732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=36732"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/36732\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=36732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=36732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=36732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n<\/img><\/a>
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