MySpace and Sprint in Mobile Web Deal

News Corp.'s social networking unit MySpace said Thursday that wireless carrier Sprint Nextel Corp. has agreed to provide links to the new MySpace Mobile Web site and other sites owned by Fox Interactive Media Inc.

Under the agreement, Sprint customers with enabled phones will be able to access the new MySpace mobile Web site directly from the Sprint portal. MySpace Mobile, scheduled to launch in early 2008, is in beta testing.

Sprint customers will also have direct links to other mobile Web sites from Fox Interactive Media, including FOXSports.com on MSN, RottenTomatoes, AskMen and Photobucket. FIM, a division of News Corp., began selling advertising on mobile versions of a number of its Web sites in September.

News Corp. shares fell 7 cents to $21.58, and Sprint Nextel shares fell 7 cents to $14.59.