Tag archive: Intermix

A judge has ruled that a lawsuit filed in 2005 against the MySpace executives who brokered the deal to sell the social networking site to Ruper Murdoch's News Corp. can finally go forward. The suit accuses former senior executives and directors at Intermix and VantagePoint (a venture capital backer of Intermix) of cheating MySpace shareholders out of billions in revenue by agreeing to a $580 million buyout. U.S. District Court… Read More

Fox, through their recently formed Fox Interactive Unit, is planning to beam into more people's computers shortly through its planned acquisition of online media company Intermix. At the top of Intermix's crown of more than 30 sites is MySpace.com, a leading social networking site. News Corporation, the parent company of Fox, said in a press release that the Intermix acquisition will effectively double the web traffic the company… Read More

Intermix Media Inc. which calls themselves a web marketer will be paying the state of New York $7.5 million dollars over the course of three years to settle accusations that the company installs spyware on user's computer systems. As part of the new agreement, Intermix Media will also stop any ad-related downloads from being distributed, although the company says they have voluntarily stopped distributing their adware products and… Read More