MySpace has yet to show News Corp. the money

06/8/2006 | CNNMoney

MySpace, the much ballyhooed social networking site, has yet to deliver on its hype by becoming a strong revenue source for parent News Corp. "The key with MySpace is they only have the eyeballs. The question is how successful will they be in monetizing the number of users," said Alan Gould, a media analyst with Natexis Bleichroeder.

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