MySpace founders want millions to re-up

Cory Bergman June 26th, 2007

MySpace founders Tom Anderson and Chris DeWolfe are reportedly asking for a massive compensation package to stick around with News Corp. after their current deals expire in October. How much compensation? It would put them just under Rupert Murdoch and COO Peter Chernin.

2 Comments Add your own

  • 1. Rocker  |  June 27th, 2007 at 6:21 am

    No doubt they’re great guys, who had a great idea (and a little luck). But are they really that indispensible? I tend to doubt it. The real challenge for News Corp though if they don’t come to terms would be to resist the temptation to try to fill their shoes with a “suit”. They’d have to bring a really non-traditional approach to that search…would they be able to resist the temptation to bring in a great business person who would ruin the franchise?

  • 2. Corey Spring  |  June 27th, 2007 at 6:29 am

    Translation: See ya Tom and Chris - MySpace is a massively overrated product.

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