Both sold their ventures for a combined $2 billion but reveal why they are still working harder than ever at TheWrap's fifth annual Media Leadership...
"Now people ask 'what's your mobile gaming strategy for that IP,'" SGN CEO Chris DeWolfe tells TheWrap
Analysis: Bidders include the site's co-founders and private equity firms, but saving MySpace from the digital ghetto is no easy task
The one-time social media giant is expected to cut 50 percent of its employees
News Corp. is expected to sell the once dominant platform for a fraction of what it paid six years ago