> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Confidential MySpace Document Projects $165 Million Loss This Year Alone
- URL: https://www.hypebot.com/confidential-myspace-document-projects-165-million-loss-this-year-alone/
- Published: 2011-04-13T12:37:00.000Z
- Updated: 2011-04-13T12:37:00.000Z
- Description: A confidential official MySpace document projects total revenue for fiscal 2011 ending June 30th to be $109 million. Expenses for the year are projected at $274 million. That means that,. Continue reading [https://www.hypebot.com/hypebot/2011/04/confidential-myspace-document-projects-165-million-los
- Author: Bruce Houghton
- Tags: Social Media, #wp, #wp-post, #Import 2026-01-21 10:55

[![image from www.google.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e20147e440955a970b-200wi "image from www.google.com")](http://www.google.com/url?source=imgres&ct=img&q=http://www.designsojourn.com/wp-content/uploads/2010/10/myspacelogo.jpg&sa=X&ei=0MmlTdkT0KO2B4vhicAC&ved=0CAQQ8wc&usg=AFQjCNEAtbu3b6CMZXyCnXBLe-J%5FPZPJPA)

A confidential official MySpace document projects total revenue for fiscal 2011 ending June 30th to be $109 million. Expenses for the year are projected at $274 million. That means that, even after massive layoffs and cost cutting, MySpace will lose a staggering $165 million in just 12 months.

  
The document, a MySpace pitch book that News Corp distributed to interested buyers, was obtained by [TechCrunch](http://techcrunch.com/2011/04/12/exclusive-the-bleak-financial-numbers-from-the-myspace-sale-pitch-book/?ref=hypebot.com). In the coming year, revenue projections fall to $84 million, but expenses also drop from $274 million to $69 million. MySpace will then be profitable, according to their sales pitch.

Looking forward, the pitch book optimitically predicts revenues in 2013, 2014 and 2015 at $101 million, $119 million and $139 million respectively.