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It’s MySpace, so How Much You Gonna Pay Me For It?

Huh. Seems standard business practice – playing vendors off each other – is now a news event, according to Fox, a Newscorp. property.

“We will redesign the pages to make search more prominent,” Peter Chernin, chief operating officer of News Corp. said of its MySpace.com business. “We will auction off our search business to Google, Yahoo, or MSN.”

Should be an interesting auction, just like the fight for AOL. What will the split be? 85%? Way too low. I’m wagering that for the first contracted period, anyway, it’ll hit over 90%.

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