NEWS: MySpace's China entry may fall to local partner

News/Social Network/Myspace/Geoffrey Fowler
Found on: post-gazette.com

With over a 137 million internet users, China would be a perfect match for Myspace but is there enough room in an already overcrowded sector and will Fox Corp have enough endurance to jump over all the political hurdles set forth by the Chinese government?

Post Gazette's post:

As News Corp.'s social-networking Web site MySpace tries to steer its way into China's challenging Internet market, it may find that it has to let someone else do the driving.

MySpace has been in talks with a former Microsoft Corp. executive named Luo Chuan, who until December ran the U.S. software giant's MSN online services operation in China. The 38-year-old has started his own company, and says he is in negotiations to team up with MySpace, along with additional partners including International Data Group's Chinese venture arm and China Broadband Capital Partners LP, the investment company of former China Netcom Group Corp. Chief Executive Edward Tian.