What are the terms of the new contract between MySpace founders Chris DeWolfe and Tom Anderson with their corporate daddies at Rupert Murdoch's News Corp.? "$30 million over two years," suggests Valleywag —which sounds a lot less cute when you put it as "News Corp countered with an offer of $15 million each spread over 2 years," as Nikki Finke did. But, but, that's only $7.5 million a year! How are they supposed to party like rock stars? [DHD]

The Guardian bought the profile of Wendi Deng Murdoch that was spiked back in May by Australia's Fairfax group amidst suspicion that Rupert Murdoch didn't want it to see print. The Independent hears rumors that the paper will not run the piece because "the profile is rather one-sided. " Uh, what's the other side? [Independent]

So, three months and 10,000 words later, the Eric Ellis profile of Wendi Deng got killed by editors at Good Weekend, the magazine insert of the The Sydney Morning Herald and The Age. (Both papers are owned by Fairfax Media, which Rupert Murdoch's News Corp. owned a 7.5 percent stake in until he sold it last week.) The timing of the piece being killed—some suspect Murdoch, but no one knows—also coincided roughly with Murdoch's bid for the Wall Street Journal, which led to all the predictable hand-wringing over what he might do to the Journal if his bid goes through. What also no one knows—yet, at least; the Deng profile will be published on June 6 in Australia's The Monthly—is what's in the piece.

Rupert Murdoch is offering to throw down a rather large chunk of change for Dow Jones—and the union that represents Dow Jones employees, IAPE CWA 1096, is dead set against it. Perhaps they know folks who toil in the underbelly of Murdoch's New York Post, who are grumbling that it'd be nice if Murdoch spent some cash to make their lives a little more pleasant and functional first. Here's what we hear from the staff of the Post.