Son also said Softbank had agreed to set-up a 50-50 joint venture for MySpace in Japan.
News Corp. bought MySpace.com, which is popular with teenagers, last year for an estimated $580 million and has transformed it into one of the Internet's fastest-growing properties.
MySpace to launch in Japan
Posted on Thursday, November 09 2006 @ 13:15 CET by Thomas De Maesschalck
MySpace announced a few days ago it will tie up with Softbank to launch in Japan: