Murdoch: We made big mistakes with MySpace

NewsCorp has made some “big mistakes” with MySpace, but is back on track, boss Rupert Murdoch claimed today.  

In a briefing on the company’s improving financial results, Murdoch said: “We’ve got to admit that over the last two or three years I think we’ve made some big mistakes, but we’ve got a fine new management now.”

Co-presidents Mike Jones and Jason Hirshhorn took the reins earleir this year after Owen Van Natta was ousted.

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