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MySpace To Show SimplyHired Listings

David A. Utter
Staff Writer
Published: 2006-04-19

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Fox Interactive Media has invested $3.5 million in job search site SimplyHired.com and will display its job listings in the MySpace classifieds section.

SimplyHired received some of Rupert Murdoch's cash in a deal that should enhance the profile of the job search site. VC firm Foundation Capital also invested $10 million in SimplyHired; they and Fox will each place a director on SimplyHired's board, a report from Classified Intelligence said.

"Classified revenue overall is important to News Corp., and looking at ways to participate in those revenue streams in a meaningful way is important to us, especially as those revenue streams move online," Julie Henderson, Fox Interactive SVP of corporate communications, said in the report. "I think our investment in SimplyHired underscores that strategy and is one step in that direction."

Fox Interactive Media president Ross Levinsohn had expressed his desire to bring classifieds and MySpace together at the end of February. The potential for earning a promising return on classifieds was echoed by SimplyHired CEO Gautam Godhwani in a SiliconBeat article: "There's an incredible opportunity before us when you consider that 80 percent of employent dollars are still offline."

The year-old company aggregates classified listings from a number of sources, like job boards and company employment pages. Along with search query functionality, SimplyHired enables users to save those searches as an email alert or RSS feed.

Beyond the classifieds at MySpace, Godhwani also noted to SiliconBeat that SimplyHired's job search will be present at other Fox Interactive properties. Levinsohn's company owns a host of sites like AmericanIdol.com; given SimplyHired's irreverent approach to publicity (like its sister site, SimplyFired), maybe they will be involved with the next Idol casting call.

We wonder how Simon Cowell will like Godhwani's singing voice.

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About the Author:
David Utter is a staff writer for WebProNews covering technology and business.

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