LEAKED: MySpace's Master Plan To Raise $50 Million And Relaunch As A Spotify Killer

The parent company of MySpace is trying to raise $50 million in order to re-launch MySpace as a direct competitor to Spotify and Pandora in 2013. This is according to documents obtained by Business Insider, which we have included in this post. Six years after buying MySpace for $580 million, News Corp sold it last summer to a company called Specific Media for $35 million. Specific Media, a...