Digital MarketingStrategiesMySpace Outsources International Ad Sales to Fox International Channels

MySpace Outsources International Ad Sales to Fox International Channels

FIC will handle local ad sales for a number of MySpace's non-U.S. operations.

clickz_ukandeu.gifAfter announcing last month that it plans to cut a third of its international workforce, MySpace has now decided to enlist the help of Fox International Channels to handle local ad sales for a number of its non-U.S. operations as it concentrates its own staff on core markets such as the U.S. and the U.K.

The fellow News Corp. firm will now represent the social network in Argentina, Brazil, Spain, Italy, Poland, Mexico, and Turkey, taking care of sales, marketing and promotion in those territories.

Commenting on the decision, MySpace CEO Owen Van Natta said the move would help the company reduce operational costs, while taking advantage of the local knowledge of FIC’s established sales forces.

A company statement makes no mention of other offices the firm said are “under review for restructure or possible closure” last month. France, India, Russia, and Sweden are all excluded from the FIC deal, perhaps suggesting a complete withdrawal from those markets.

Even in the U.S. — one of MySpace’s strongest markets — the company announced 30 percent of the workforce there will be let go because bloated staffing levels are “hindering the ability to be an efficient and nimble team-oriented company.”

In an attempt to better compete with dominant social networking competitor Facebook, MySpace has spent the first half of the year restructuring its executive team. MySpace founder Chris DeWolf was replaced by former Facebook exec Van Natta in April, and his hire was followed by those of digital heavyweights Jason Hirschhorn as chief product officer and Michael Jones as chief operating officer.

In an interview with TheStreet.com earlier this month, News Corp. CEO and chairman Rupert Murdoch said he still has global plans for MySpace, but attempting to expand quickly was a mistake. “We’re just getting first things right first. The business sort of grew out of control and really out of size. I blame myself and it had to be brought back in size,” he told the TheStreet.com.

Whitepapers

US Mobile Streaming Behavior

Whitepaper | Mobile US Mobile Streaming Behavior

3y

US Mobile Streaming Behavior

Streaming has become a staple of US media-viewing habits. Streaming video, however, still comes with a variety of pesky frustrations that viewers are ...

View resource
Winning the Data Game: Digital Analytics Tactics for Media Groups

Whitepaper | Actionable Analysis Winning the Data Game: Digital Analytics Tactics for Media Groups

3y

Winning the Data Game: Digital Analytics Tactics f...

Data is the lifeblood of so many companies today. You need more of it, all of which at higher quality, and all the meanwhile being compliant with data...

View resource
Learning to win the talent war: how digital marketing can develop its people

Whitepaper | Digital Marketing Learning to win the talent war: how digital marketing can develop its people

2m

Learning to win the talent war: how digital market...

This report documents the findings of a Fireside chat held by ClickZ in the first quarter of 2022. It provides expert insight on how companies can ret...

View resource
3 ABM Plays for Small Teams

Whitepaper | Digital Marketing 3 ABM Plays for Small Teams

1w

3 ABM Plays for Small Teams

Small teams face a host of common problems, and the top problem? Getting outsized results with an undersized team. There’s no wiggle room for wa...

View resource