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# MySpace Still Pays $60,000 A Month For Parking & Other Stats From Company In Decline
- URL: https://www.hypebot.com/myspace-still-pays-60000-a-month-for-parking-other-stats-from-company-in-decline/
- Published: 2011-06-07T12:07:00.000Z
- Updated: 2011-06-07T12:07:00.000Z
- Description: As NewsCorp reportedly moves closer to deal to unload MySpace – or at least partner with someone to try to rebuild it – a variety of stats about the struggling. Continue reading [https://www.hypebot.com/hypebot/2011/06/myspace-still-pays-60000-a-month-for-parking-other-stats-from-company-in-decline.
- 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/6a00d83451b36c69e201538f037792970b-200wi "image from www.google.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201538f037792970b-popup?ref=hypebot.com)

As NewsCorp [reportedly](http://online.wsj.com/article/SB10001424052702304432304576367432787859022.html?mod=googlenews%5Fwsj&ref=hypebot.com) moves closer to deal to unload **MySpace** – or at least partner with someone to try to rebuild it – a variety of stats about the struggling social network are leaking. Some we knew, other are surprising and downright sad – particularly for a company that is losing money despite massive layoffs and supposed cost cutting measures. The surprising MySpace stats:

- News Corp paid **$580 million** for MySpace in 2005
- Offers to buy are under **$100 million**
- MySpace still pays **$60,000** a month for parking
- MySpace still pays **$800,000** a month in legal fees
- The site had **7.1 million** unique U.S. visitors in April
- That's down **46%** from the same period last year
- Traffic is down from **70.9 million** in April 2009, according to comScore.
- The News Corp digital division that includes Myspace reported an operating loss of **$165 million** in the last quarter.

Source: [Wall Stree Journal](http://online.wsj.com/article/SB10001424052702304432304576367432787859022.html?mod=googlenews%5Fwsj&ref=hypebot.com)