The Voice of Online Marketing | MEDIA KIT | NEWS TIPS
The latest practical news and developments at the intersection of search, email,
social media, mobile marketing, web analytics, online advertising, ecommerce and more.
Marketing News on Twitter Interactive marketing RSS newsfeed
Advertisement
Advertisement
MARKETING JOBS

MySpace Founders Demand $50M Paychecks

MySpace founders Chris DeWolfe and Tom Anderson have asked for a sizable salary increase when their contract expires this October, reports Mashable.

The pair have asked News Corp, which owns MySpace, for a new two-year contract that would be valued at $50 million.

That breaks down to $12.5 million each per year over the course of the contract.

The pair also requested a $15 million development fund they can use to invest in other Internet companies. News Corp's figurehead, Rupert Murdoch, has reportedly come back with an offer of $15 million each over two years.

Search

Related Topics

Advertisement
Related stories:

Subscribe to MarketingVOX|News

Latest interactive marketing news Latest media planning news & facts Latest marketing data & research