8/27/07

MySpace Could Lift Ban on Commerce

MySpace Could Lift Ban on Commerce
MySpace bans commerce between its members, because it doesn't want to jeopardize the corporate advertising that accounts for the vast majority of its profit. Allowing its members to promote their wares would only clutter up the place. But behind the scenes, the issue is being hotly discussed as Chris DeWolfe, MySpace's chief executive, and his team of top executives at the biggest property within News Corp.'s Beverly Hills-based Fox Interactive Media grapple with the imperative of squeezing more money out of MySpace. The Los Angeles Times reports. more »

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