MySpace and Google reach new search, ad deal

NEW YORK Dec 16 (Reuters) - News Corp's (NWSA.O) social networking site MySpace and Google Inc (GOOG.O) have reached a multiyear search and advertising agreement, putting to end months of uncertainty surrounding the partnership.

Under the new deal, Google will power MySpace search and search advertising as well as provide additional display ad services.

Terms of the agreement were not disclosed. (Reporting by Jennifer Saba)