Quickie: MySpace to Make $800 million+ in FY2008

 By 
Pete Cashmore
 on 
Quickie: MySpace to Make $800 million+ in FY2008

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Social networks are starting to show returns: News Corp's earnings release today said its Fox Interactive unit, which is pretty much MySpace and a few smaller properties, turned a profit of $10 million on revenue of $550 million for the fiscal year ending June 30.

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