Brad Greenspan is an internet entrepreneur who has been involved in the founding and proliferation of various web properties including MySpace. Greenspan founded eUniverse Inc. in 1998, which went public in 1999. The company survived the .com-bust of 2001 and was the incubator that launched MySpace.com in 2003.
Most recently he won a Federal ruling against Google, Inc., IAC/Interactive, News Corporation when his motion for relief to reinstate the upwards of ninety six billion dollar class damages reported in the second amended federal class action complaint on behalf of over 1000 Federal class action members under Rule 23, after a September 18, 2015 hearing in San Jose District Court, in the action Brad Greenspan, on behalf of himself and all others similarly situated, Plaintiff, v. IAC/InterActiveCorp, a Delaware corporation; Google, Inc., a Delaware corporation; News Corp, a Delaware corporation.
The Defendants had won a dismissal on default in May 2015 as the Class action lawyers withdrew, leaving the case undefended for the default hastily rushed thru by the Defendants eager to attempt to take advantage of a temporarily unrepresented Federal certified class of over 1000 shareholders.
Federal District Court Judge Ronald M. Whyte's ruling on September 18, 2015 in favor of the Federal Class of Myspace shareholder Plaintiffs that includes Greenspan gave the shareholders 30 days to retain new class counsel and appear before the Court. The case will continue to Jury Trial expected sometime in 2016.
"New attys key to reviving google news corp myspace suit". "
Prior to the launch of Myspace, Greenspan grew eUniverse into one of the largest Entertainment networks on the internet. eUniverse was originally headquartered in Wallingford Connecticut but as the company grew it moved the headquarters to Los Angeles and Greenspan became not only the Chairman but also the CEO of the company.
According to Comscore Netscore, the eUniverse Network was the ninth largest internet property for the month of October 2001. At such time, eUniverse's online audience in the United States was larger then Google's and had a worldwide audience of over 49.4 million unique users.
Greenspan's eUniverse was an innovator in online advertising, entertainment and content sharing.
A Gartner Report by Denise Garcia in 2001 titled “EUniverse: The Secret Successful World of Internet Ad Sales” explained “How a company dependent on ad sales makes a profit and maintains its’s position as the 8th largest site in the US.” The report further stated:
“Managing an online advertising dependent business seems nearly impossible in this climate of dismayed sites and disgruntled advertisers. With some smart planning and selling, realizing a profit-and satisfying cusomers—is possible”