MySpace will be sold soon...

The website MySpace is about to be sold to VEVO, an Internet company that specializes in music videos. VEVO is owned by a group of several companies including Sony Music Entertainment, Universal Music Group and Abu Dhabi Media Co.

The accumulated losses of MySpace reach more than 156 million U.S. $ and the company was acquired by Rupert Murdoch in 2005 in the amount of 580 million $ U.S. To be continued ... /

Photo 1: Logo MYSPACE

Link to story from The Wall Street Journal ;

Link to MySpace LeStudio1.com ;