Reuters reports that News Corp.'s Fox Interactive Group said it plans to expand its online music and teen social networking site, MySpace.com, to 11 countries and seek programming deals with traditional media companies.
MySpace, one of the fastest-growing Web properties, which News Corp. bought for $580 million last year, plans to offer MySpace in France and Germany and also is looking into China and India over the long term, the company said. News Corp did not identify the other countries. The company launched its first web site outside the United States in Britain in April.
MySpace said it has appointed David Fischer to be its managing director for the United Kingdom and Europe. Before joining MySpace Fischer was the founder and the chief executive of Xlantic Group, an entertainment company that developed new business models in music marketing and production.
MySpace, one of the fastest-growing Web properties, which News Corp. bought for $580 million last year, plans to offer MySpace in France and Germany and also is looking into China and India over the long term, the company said. News Corp did not identify the other countries. The company launched its first web site outside the United States in Britain in April.
MySpace said it has appointed David Fischer to be its managing director for the United Kingdom and Europe. Before joining MySpace Fischer was the founder and the chief executive of Xlantic Group, an entertainment company that developed new business models in music marketing and production.