News Corp may offload MySpace to Vevo

News Corp's plans to offload MySpace may have it move the social network to the music video site Vevo, insiders said.

While tentative, the strategy would see MySpace sold to Vevo in return for a share of the project. Bloomberg's sources suggested it would bolster the music videos with artist and fan pages as well as MySpace's other music content.......

Source:
http://respectedadmins.com/blog/news-corp-may-offload-myspace-to-vevo/