News Corporation acquisition of 2005

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Possible Answers: MYSPACE.

Random information on the term “MYSPACE”:

Chris DeWolfe (born 1966) is an American entrepreneur, and one of the creators of Myspace (along with Tom Anderson), of which he is also the former CEO. He has the sixth account ever made on the site. During DeWolfe’s tenure, MySpace became the top social network, with over 135 million worldwide unique visitors a month. Under DeWolfe, music became a defining feature of MySpace, which was credited with challenging and reinventing the music label industry with the MySpace Music section, which allowed unsigned artists to post their music for free and launched the careers of several famous musicians, among them Lily Allen and Sean Kingston. Currently, DeWolfe is the CEO of Jam City, Inc.

DeWolfe got his vision for MySpace while taking a course titled, “The Impact of Tech on Media and Entertainment,” during the final year of his college. In the final project for his class, DeWolfe created “Sitegeist” which had elements of CitySearch, Match.com mixed with the function of IM. DeWolfe got an “A” on his project and used it as inspiration in creating MySpace.

MYSPACE on Wikipedia