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# AM NEWS: MySpace Sale Update, RockMelt Gets $30M, We7.be, Sony CEO’s Cut & More
- URL: https://www.hypebot.com/am-news-myspace-sale-update-rockmelt-gets-30m-we7be-sony-ceos-cut-more/
- Published: 2011-06-29T00:05:00.000Z
- Updated: 2011-06-29T00:05:00.000Z
- Description: More bidders still in the running for MySpace including co-founders Tom De Wolfe and Tom Anderson with Bebo owner Criterion Capital. The price appears just north of the $30 million. Continue reading [https://www.hypebot.com/hypebot/2011/06/am-news-myspace-sale-update-rockmelt-gets-30m-we7be-sony-ceo
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 10:55

[![HypebotFavicon](http://hypebot.typepad.com/.a/6a00d83451b36c69e201543358e242970c-50wi "HypebotFavicon")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201543358e242970c-popup?ref=hypebot.com) More **bidders still in the running for MySpace** including co-founders **[Tom De Wolfe and Tom Anderson](http://paidcontent.org/article/419-myspace-sale-rolling-to-a-conclusion-this-week/?ref=hypebot.com)** with Bebo owner Criterion Capital. The price appears just north of the[ **$30 million**](https://www.hypebot.com/myspace-nears-sale-for-just-5-of-what-news-corp-paid-for-it/) reported yesterday – a valuation [only 5%](https://www.hypebot.com/myspace-nears-sale-for-just-5-of-what-news-corp-paid-for-it/) of the $580 million News Corp paid in 2006.

- Facebook and social web browser **[RockMelt](http://www.rockmelt.com/?ref=hypebot.com)** has **raised $30 million** more in funding from Andreessen Horowitz, Khosla Ventures and Accel Partners.
- Fresh off a new funding, **We7** expands with its **first launch on the EU mainland in Belgium**. We7.be offers 7.5 million tracks. It's the country’s first licenced free music streaming service and includes major labels plus with local indies like Black Hole, EPM Online, NewsNV and PIAS.

**MORE:**

- **Poor Howard: Sony CEO** Howard Stringer's **compensation** for the fiscal year ending in March **[dropped](http://www.billboard.biz/bbbiz/industry/record-labels/sony-ceo-howard-stringer-sees-16-pay-cut-1005256362.story?ref=hypebot.com) 16%** to $4.27 million as the company posted its 3rd straight year of losses.
- Music marketer **Unleashed Music** will be using **SliceThePie's SoundOut** analytics and market insight service.
- How **Turntable.fm Could Be Even More Awesome**… And Make Everyone Money ([Techdirt](http://www.techdirt.com/articles/20110627/19352614877/how-turntablefm-could-be-even-more-awesome-make-everyone-money.shtml?ref=hypebot.com))