Intermix Media, Inc. (AMX symbol: MIX; formerly eUniverse) was a Los Angeles-based Internet marketing company founded in 1998 that owned the MySpace website. In April 2005 New York State attorney-general Eliot Spitzer filed a lawsuit alleging the company was the source of secretly installed spyware that illegally sent pop-up advertisements and other intrusions to millions of computer users.
In February 2004, Richard Rosenblatt became CEO of Intermix and Chairman of MySpace. Rosenblatt is credited with saving the company from bankruptcy. He restored the company to profitability and together with Chris Dewolfe and his team grew MySpace from an unknown web site to an explosive media property. Rosenblatt negotiated the sale of MySpace for $580 million to Rupert Murdoch's News Corp. and consulted to Fox for six months before founding Demand Media in May 2006.
On July 20, 2005, News Corp. bought Intermix Media Inc., which held MySpace and other popular social networking-themed websites for $580 million USD.
Famous quotes containing the word media:
“The corporate grip on opinion in the United States is one of the wonders of the Western World. No First World country has ever managed to eliminate so entirely from its media all objectivity—much less dissent.”
—Gore Vidal (b. 1925)