[ifinnegan]

Didn’t Murdoch pay like a billion dollars for MySpace?

[poconopundit]

Outrageous prices have been paid for internet properties in the early days. Now too.

I’m going to forgive Murdoch for that business mistake. He took a calculated risk that, if successful, would have propelled Fox into the internet space in a big way. Sometimes you win. Sometimes you lose.

[major-pelham]

$500mm