It seemed that the recently reworked Myspace logo was fairly prescient of what was coming for the company in early 2011. The new owners will only have to plug in their own logo in the blank.
If I remember well, News bought it for about 600 milllion 6 years ago, whilst at the same time striking the advertising deal with Google which would effectively fund the acquisition. It would appear that either that has been achieved and then there’s residual value to be ‘bagsed’, or the math is not looking like it will add any time soon.
I am not confident the user base will be patient enough for a Myspace redux, unless it blows their socks off with a new (and I mean a NEW) proposition.
[logo linked from networkeffect]