Social networking platform Social Project becomes part of the Viacom Family, acquired by MTV Networks

Social networking platform Social Project  becomes part of the Viacom Family, acquired by MTV Networks

MTV Networks has acquired social networking platform Social Project, in a move that shows media conglomerates are still willing to make purchases despite the worsening economy. Formerly known as Tagworld, Social Project had received a large infusion of funding when MTV Networks invested a reported $40 million in the social networking platform about two years ago, and went on to power Flux, the online community for MTV.

Social Project has become the foundation for many of… Continue Reading