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Viant, Owner of Specific Media and MySpace, Acquired By Time Inc.

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Irvine-based Viant , the parent company of Specific Media and Myspace , has been acquired by publisher Time Inc. , Time said the buy will help it participate in the performance advertising segment. Viant, which is led by Tim Vanderhook, was founded in 1999 as Specific Media, and acquired Myspace back in 2011.

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MySpace Acquired By Specific Media

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Los Angeles-based MySpace , the once dominant social networking website, has been sold to Irvine-based Specific Media , the online advertising network, in a deal reportly worth $35M. According to Specific Media, News Corporation will take a minority equity stake in Specific Media as part of the deal.

Media 140
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Myspace Hails Launch Response

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Los Angeles-based Myspace has a new design, new owner, and is hoping for some new users with its brand new, music-focused, user interface--and says that so far, the response is good. Myspace also said that 34 percent of the traffic to its new site is coming from mobile users. music networking social launch myspace' READ MORE>>.

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Myspace In Sponsorship Deal With Chevrolet

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Los Angeles-based Myspace has a new design, and a new brand sponsor, the first since its redesign and relaunch over the last few months. MySpace said that Chevrolet is sponsoring its Myspace Secret Shows at the South by Southwest music festival in Austin, which will bring 10 musical performance over three nights to SXSW.

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Specific Media Ties With Advertising Analytics Firm

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Irvine-basd Specific Media , the online advertising network which also owns MySpace, said Monday that it has tied with Nielsen Catalina Solutions , which measures advertising performance.

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Justin Timberlake Backs Myspace Acquisition

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Irvine-based Specific Media , the Internet advertising network run by Tim Vanderhook, has released further details on the company's acquisition of Myspace , saying that Justin Timberlake is taking an ownership stake and major role in the acquisition. READ MORE>>.

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Reports: MySpace To Go For $20-30M

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Multiple reports today say that once lofty social networking site MySpace is now being set to be sold by News Corp. Irvine-based Internet advertising network Specific Media and Golden Gate Capital are among the rumored bidders for MySpace. MySpace is reportedly planning big employee cuts at the company today.

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