Chris DeWolfe is one of the founders, and former CEO, of the popular social networking website MySpace. DeWolfe founded MySpace with co-founder Tom Anderson in 2003. In 2005, MySpace was purchased by Rupert Murdoch's company, News Corp. for $580 million.CrunchBase: Chris DeWolfe ProfileBBC: News Corp in $580m internet buy (July 19, 2005)
DeWolfe resigned his post on April 22, 2009. Parent company News Corp. was reportedly in talks with Anderson about taking on "a new role in the organization," though it was not confirmed that this would mean stepping in as CEO.AFP: MySpace chief executive Chris DeWolfe stepping down (April 22, 2009) On the morning of the same day, The New York Times had reported that News Corp. was considering replacing both DeWolfe and Anderson when their contracts expire in the fall.New York Times: Founder Said to Be Leaving MySpace (April 22, 2009)Reuters: MySpace might replace co-founder DeWolfe (April 22, 2009)