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MySpace: Murdoch's Big Hope, Parents Nightmare


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MySpace: Murdoch's big hope, parents' nightmare

Published: February 19, 2006, 11:25 AM PST

Rupert Murdoch saw a Web site with monster growth potential in MySpace.com, the online music and dating phenomenon that makes it easy for teens to find friends and express themselves.

The media mogul's News Corp. paid $580 million for MySpace last July. And even as he figures out how to turn more than 56 million MySpace members into higher Internet revenue for News Corp., there is another concern: the safety of its teen denizens.

The phenomenal growth of the Web site and popularity among youngsters has made it a magnet for adult sexual predators, authorities say.

http://news.com.com/MySpace+Murdochs+big+h....html?tag=st_lh

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