As if there weren’t enough problems raining down on MySpace, the News Corp (NYSE: NWS) subsidiary can’t find someone to occupy its once-future space as well, and as a result, losing almost $1 million a month on it, soon to go up to as much as $2 million, reports FT. Earlier this year, as part of the new management coming in and cost-cutting/layoffs, the company decided against moving into the big new office building in LA area, after announcing it with some fanfare last year. Now since the lease for the new place started in June, it hasn’t yet been able to find someone to sublease the 420,000 sq ft of space in Playa Vista, and is paying about $1 million a month in rent since that month, for an empty space.  The rent will rise in January and again next June, when the payments will be close to $2 million per month, the story says; the 12-year lease is worth about $350 million. Not a big surprise considering the still-moribund real estate market. Of course you can’t really blame the new brand-name management for faults of the previous one, and at least Miller did the right thing with abandoning the move. Any ideas of what the company could do with the space until it finds a new tenant?

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