Rupert Murdoch’s News Corporation has finally sold its ailing social networking site MySpace to online advertising firm Specific Media, with pop star and actor Justin Timberlake having a stake in the business and set to play a major role in developing the creative direction and strategy for the company. News Corp paid $580m for MySpace in 2005, but users and …
MySpace continues in decline
According to new figures, MySpace has managed to lose 10 million unique users in just one month as it continues in steep decline.
Mass expulsions from MySpace
The social networking website MySpace has removed 90,000 sex offenders from its website. The total is apparently double the figure anticipated by MySpace. Both MySpace and Facebook had earlier pledged to root out known sex offenders in an effort to make the sites safer for children. Last month, paedophile teacher Mark Little was jailed at Chester Crown Court for five …
New Oasis album now on Myspace
All tracks on the new Oasis album, ‘Dig out your Soul’, have been made available for listening purposes on Myspace. The album is due for public release on Monday. This comes after lead guitarist and songwriter Noel Gallagher stated that he ‘didn’t spend a year in the most expensive studio in England, with the most expensive producer in America and …
MySpace launches music service
MySpace has unveiled its new online music service that allows US members to listen for free but pay for downloads. The service is advertising funded and allows members to build playlists on their computers, but to be playable on, or transferable to, any other apparatus will mean downloading it and paying for it. The music store is run by its …