Thursday, May 28, 2009

News Corp hopes for broader ad deal with Google - washingtonpost.com

The current deal allows Google to run its Internet search ads on MySpace's widely trafficked social media Web site, but is set to expire in about a year and a half, said MySpace CEO Owen Van Natta, who appeared onstage alongside Miller.

According to recent media reports, Google is seeking to renegotiate the deal at a significant discount to the current terms, which popular IT blog Tech Crunch pegged at $300 million a year.
News Corp hopes for broader ad deal with Google - washingtonpost.com

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