BBC News - MySpace sold to Specific Media by Murdoch's News Corp

News Corp paid $580m (£361m) for MySpace in 2005, but users and advertisers left the site for rival social sites like Facebook and Twitter.

The sale terms were not disclosed, but there were unconfirmed reports that price paid was as low as $35m
I think I might have signed up for it. Luckily I managed to dodge the twitter bullet