We've posted about the ongoing saga of News Corp chief Rupert Murdoch and MySpace several times before:

• News Corp: Friendster... errr... MySpace not for sale
• Rupert Murdoch and his problem with the Internets
• Rupert Murdoch's MySpace blunder

Well, now it appears Murdoch is coming clean -- perhaps just a little -- about News Corps' colossal failure of management since purchasing MySpace, the once leading social networking site.

Huffington Post's Bianca Bosker has more:

According to a tweet from PaidContent editor Robert Andrews during a NewsCorp earnings call earlier today, Murdoch fessed up to having “made some mistakes” with MySpace.

Andrews tweeted the following: