Tag Archives: Mike Jones
Myspace Sells to Specific Media, Loses CEO, Gains Justin Timberlake
Today Myspace sold to Specific Media for $35 million, but the surprising part of the sale is that Justin Timberlake will be taking an ownership stake in the company. In a move reminiscent of Lady Gaga’s partnership with Polaroid, Timberlake will be more than just a name associated with the company: according to Mashable, he will be contributing his vision to Myspace as well. Another report from Mashable says that Myspace’s CEO Mike Jones will be leaving the company after a transition period. Specific Media, an advertising network, plans to focus Myspace on entertainment.
Categories Justin Timberlake, Mike Jones, MySpace, Specific Media
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MySpace President Mike Jones Promoted To CEO
News Corporation has announced that MySpace President Mike Jones has been promoted to CEO. His replacement will be MySpace Chief People Officer Dustin Finer. Before joining MySpace, Mike Jones founded a company called Userplane and sold it to AOL. Below is the full press release:
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Categories Dustin Finer, Mike Jones, MySpace, News Corp, News Corporation
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MySpace Co-President Jason Hirschhorn Resigns
Jason Hirschhorn has resigned as Co-President of MySpace and Mike Jones is expected to be named CEO soon. Hirschhorn and Jones were named Co-Presidents after Owen Van Natta was fired from the CEO spot. Below is a statement from Digital Chief of News Corp. Jon Miller:
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Cyberplex Buys Tsavo Media For $75 Million
Tsavo Media has been bought out by Cyberplex for $75 million. Tsavo Media has about 300 informational websites in their portfolio. Tsavo reaches about 30 million unique users per month and made about $110 million in revenue last year.
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Categories Cyberplex, Geoffrey Rotstein, Mike Jones, Tsavo Media
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Wenda Harris Millard Becoming Head Of MySpace Ad Sales
Wenda Harris Millard used to be the Co-CEO of Martha Stewart Living. Before Martha Stewart, Millard worked for Yahoo! as the Chief Sales Officer.
Now Millard will be taking over advertising sales at MySpace. While working for the head of advertising sales at MySpace, she will also remain as the president of median consulting company Media Link. MySpace sales boss Jeff Berman will be leaving the company as Millard joins.
Some of MySpace’s new hires include:
- Jason Hirschhorn as chief product officer
- Mike Jones as COO
- iLike CEO Ali Partovi, President Hadi Partovi, and CTO Nat Brown through an acquisition
- Katie Geminder as SVP of user experience and design
- Mike Macaadan as VP of Product
Below is the full press release of the announcement:
MySpace Picks Up Jason Hirschhorn, Owen Van Natta, and Mike Jones
Last week I wrote about how former Facebook co-founder Owen Van Natta will become the new MySpace CEO. Now it appears that News Corporation will be hiring former AOL executive Mike Jones as the COO of the social networking company as well.
“Michael’s operational insight and knowledge of the social media market will prove to be a valuable asset as we set out to evolve the MySpace product offering,” stated Jon Miller, Chief Digital Officer of News Corporation. “From a product perspective, there’s no better choice than Jason, who is highly regarded as an incredibly talented innovator, media executive and leader, all qualities I know will greatly benefit our team and our users.”
Miller is the former head of AOL which is where he most likely met Jones for the first time. I have a feeling that this won’t be the last time that News Corporation will poach executives from AOL. MySpace founders Tom Anderson and Chris DeWolfe are still negotiating other leadership roles within News Corporation.
News Corporation has also hired Jason Hirschhorn as the new Chief Product Officer of MySpace. Hirschhorn was President of Sling Media Group before attaining this position.