Myspace will use the Google Display Network and DoubleClick Ad Exchange going forward.
In August of 2006, Google and MySpace first joined forces in a $900 million deal that expired this year. News Corp-owned MySpace no longer commands the power it once did, having been overtaken by Facebook long ago, so the deal won't be nearly as sweet this time around. Figures weren't given.
Both companies issued statements:
"We're thrilled about renewing our partnership with Google. Their best-in-class technology will continue to provide our consumers with a robust search experience," said Nada Stirratt, Chief Revenue Officer of Myspace. "We look forward to participating in the Google Display Network and DoubleClick Ad Exchange to increase yield across our display ad inventory."
"We're excited to deepen our partnership with one of the largest social Web properties in the world, Myspace," said Henrique de Castro, Vice President of Global Media and Platforms at Google. "We're pleased that our technology will benefit Myspace's users on its newly redesigned site, and that Myspace has chosen our display advertising solution to increase its returns."
|Tesla repays federal loan nearly 10 years early|
|How police can find your deleted text messages|
|Stocks slip as Fed sends mixed message|
|HP soars as Meg Whitman turnaround continues|
|Insanely durable smartphone ... from Caterpillar?|