Just as Rupert Murdoch and the News Corp apparatus pore over a potential deal for Dow Jones, MySpace founders Chris DeWolfe and Tom Anderson have submitted their pay requests for consideration. $50 million, plus management of a $15 million development fund, as part of a two-year deal. Anderson and DeWolfe think they are worth $12.5 million each annually, thanks to MySpace.
A report on Then again, Friendster was huge until next generation MySpace came along. So I think the duo had better hurry and nail down their deal because, every day, MySpace faces more huge pressure from smaller but increasingly popular Facebook, which now gets 12% of all U.S. social networking business. The deal they could agree to right away would be $15 million each, spread over two years. That doesn't sound too bad, considering they sold MySpace to News Corp for $580 million. The hue and cry over their sizable demand sounds a little out of order, though. First, News Corp managed to make a $900 million deal with Google for search and advertising services on MySpace. Recently,Suggest a Correction
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