Rupert Murdoch, media 'mogul' and money behind The Sun, The Times and BSkyB has purchased Intermix, the company behind social networking and music discovery site Myspace.com.
In a deal worth £330m, Murdoch's company NewsCorp has acquired 30 different brands and properties, the most lucrative of which being Myspace, which commands the fifth highest volume of page views across the entire web.
DiScuss: Does this represent a shift back into internet business? Will you still use myspace? Does it taint the special little community we had going down?