Google Adwords to Provide MySpace with Ads

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Wednesday, August 16, 2006

Google Adwords to Provide MySpace with AdsGoogle inked a deal with MySpace.com in which it will serve its web search and advertising listings to MySpace's nearly 100 million members. Under the terms of the agreement, Google must guarantee Fox Interactive, minimum payments of $900 million over a 3 year period of time. This is of course if MySpace can meet certain traffic expectations set forth by Google.

Google Adwords to Provide MySpace with Ads

On Monday, Google inked a deal with MySpace.com, outbidding Yahoo! in the process, in which it will serve its web search and advertising listings to MySpace's nearly 100 million members.

Under the terms of the agreement, which will begin in the fourth quarter, Google must guarantee Fox Interactive, MySpace's parent company, minimum payments of $900 million over a 3 year period of time. This is of course if MySpace can meet certain traffic expectations set forth by Google.

MySpace, for those unaware of it, is a social networking website which offers an interactive, user-submitted network of Blogs, profiles, groups, photos, MP3s, videos, and an internal e-mail system. In fact, in July of this year MySpace became the #1 ranked website in the United States (according to research performed by Hitwise... which is probably what led Google to bid in the first place.

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