MySpace taps ex-MGM consultant as CFO
Mark Rosenbaum also was senior vp at Gemstar-TV GuideNEW YORK -- News Corp.'s MySpace has named a former MGM consultant as its chief financial officer, a new position for the online social network.
Mark Rosenbaum was a financial consultant to the MGM movie studio, and before that was a senior vp at corporate finance at Gemstar-TV Guide, formerly a unit of News Corp., MySpace said Monday.
He was chief executive at SmartJog SA, a venture capital-backed French Internet startup, and senior vp international free and basic TV distribution and U.S. Networks for News Corp.'s Twentieth Century Fox, MySpace said. Before that, he worked at Disney.
Rosenbaum will report to MySpace CEO Owen Van Natta.
News Corp. agreed in 2005 to buy MySpace, at the time the hottest online social network. Since then, rival social network Facebook has eclipsed it in popularity.
In June, MySpace said it planned to cut about two-thirds of its global work force and 30% of its U.S. staff. News Corp. also ousted then-CEO and co-founder Chris DeWolfe and installed its own management.