I don't think AOL ever owned myspace, maybe you guys are thinking about News Corp (Fox)?
But in any case, myspace was still really popular when it was sold and was still growing for a couple of years after; it didn't start getting creamed by Facebook until 2007/2008.
You're right, my mistake. I'm old enough that I should remember, did it look silly when Time Warner was bought by AOL for $164B shortly before AOL's growth and profits stalled (leading to a $99B write-off and tanking the stock from a market cap of $224B down to $20B)? Yeah, maybe a little.
> I don't think AOL ever owned myspace, maybe you guys are thinking about News Corp (Fox)?
I suspect the first poster may have been referring to the sale to Fox, I actually saw the reference to AOL purchasing MySpace and made a false connection to the sale by Fox misidentifying AOL as the purchaser.
But in any case, myspace was still really popular when it was sold and was still growing for a couple of years after; it didn't start getting creamed by Facebook until 2007/2008.