Google Signs A New Multi-Year Ad Deal With MySpace -- Presumably On Much Better Terms For Google

Rupert Murdoch

MySpace just announced a “multi-year” renewal of its search and advertising partnership with Google.

This time, however, the terms are likely much more favourable for Google. Their old deal, announced in 2006, guaranteed $900 million to MySpace and was famously bad for Google.

There’s no public mention of any minimum payments to MySpace in the new press release.

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