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> ...what became the world’s top social network, only to see it lose its edge under News Corp. I think it's fair to blame acquirers in many cases, but based on MySpace's history they may have done better under News Corp than they would have done independently.
It wouldn't have done much better solo unless they had seriously changed there engineering and removed all the backwards compatability.
Talk about out-of-this-world salaries...
Yes, it was snarky but how are these salaries ($7.5mio and $500k) not out of this world? I'm not after myspace in particular here.
Talk about out-of-this-world salaries...
Just curious, why did I get downvoted for that? Yes, it was snarky but how are these salaries ($7.5mio and $500k) not out of this world? I'm not after myspace in particular here.
Earlier quoted context omitted.
Just curious, why did I get downvoted for that? Yes, it was snarky but how are these salaries ($7.5mio and $500k) not out of this world? I'm not after myspace in particular here.
So, as my question also gets downvoted I can only guess I touched a sore point anyhow. Too bad none of the downvoters feels obliged to explain how such salaries are justified. Especially in a company that is currently writing off in the billions.
Earlier quoted context omitted.
So, as my question also gets downvoted I can only guess I touched a sore point anyhow. Too bad none of the downvoters feels obliged to explain how such salaries are justified. Especially in a company that is currently writing off in the billions.
I didn't downvote you, but given that Tom is a name and profile recognized by millions of people, the fact that he's paid such a small amount to stick around is surprising. Other than that, NWS is a private company. If you think they're overpaying people, short the stock, bank your profits, and use that as proof that you know more than Rupert Murdoch about how to run a media company.
The "small amount" part (wrt 500k annual) is what I just don't get into my head. I doubt that millions of people care about Tom. I doubt that myspace would lose upwards of 500k per year if he went away. But you are ofcourse right, I am not Rupert Murdoch and my observation that myspace is tanking is merely from the frog perspective.