Google's Potential Buy MySpace?

SAN FRANCISCO - Issue blowing so hard asset sales related to MySpace. Although still looking for buyers who are interested, Google is considered as one of the potential buyers.

"Policy News Corp to sell MySpace has said since a few months ago. If the price is set correctly, then it will many companies interested in buying. Google either," said Greg Sterling, analyst at Sterling Market Intelligence, as quoted by Yahoo News on Saturday (01/15/2011).

According to Sterling, Google is a potential buyer from the start, but the price offered control by News Corp..

"Now maybe they are still interested but its value will continue to fall in line with the prestige of MySpace that has faded and lost its popularity. But with good management, I think this can be overcome," said Sterling.

Until now the value of MySpace itself is still speculative. In fact when first acquired by News Corp, Rupert Murdoch has spend up to USD580 million. Many analysts predict the value of MySpace is likely smaller than that.

MySpace has the same fate with AOL and Yahoo. All three had enjoyed the triumph of the Internet but later had dimmed because of fierce competition.
Until now, AOL is still maintained by the management through a series of re-organization. Yahoo also clean up by closing some services that are considered less favorable. Meanwhile, MySpace over choosing 'sell themselves'.