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Wednesday, October 11, 2006

Myspace Wants Google

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MySpace, the popular social networking Web site owned by News Corp, wants to expand its commercial relationship with Google, after the Internet search giant snapped up online video sharing site YouTube, according to a report in the Wall Street Journal on Tuesday.

The report said that Google Inc chief executive Eric Schmidt and advertising sales vice president Tim Armstrong are expected to meet this week with executives from News Corp, including chairman Rupert Murdoch, to discuss new ways of working together.

One possibility the Journal reports is to expand Google's recently signed $900 million ad deal with MySpace to include video advertising on the Web.

The Journal quotes Ross Levinsohn, head of News Corp.'s Fox Interactive Media division as saying: "If we can figure out the ways to work with them or integrate with them, that would be really good for us."

News Corp and Google spokespeople were not immediately available for comment.
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