MySpace Launches New Website

MySpace Launches New Website

MySpace Launches New Website

MySpace CEO Mike Jones said the News Corp owned MySpace is no longer trying to compete head on with the social networking company Facebook, and is recasting itself as a free service that it hopes the 35-year-and in-crowd will flock keep abreast of the hottest videos of the music.

With traffic down on MySpace and society shaken by a series of management changes and layoffs in the past two years, the revival of the website is a vital step in efforts to rejuvenate once considered an asset Central to the News Corp. online businesses. "Most investors have canceled MySpace now," said Richard Greenfield, an analyst at BTIG said Tuesday.

Whether or not MySpace can rebuild his buzz on the web market highly competitive and rapidly changing is an open question, "he said.News Corp bought MySpace in 2005 580.000.000 dollars, the social networking service was at the height of his MySpace popularity.

But, who claims to have between 125 million and 130 million active users per month, is eclipsed by Facebook, with more than 500 million users. News Corp will not disclose financial information MySpace.There media is that News Corp is interested in selling MySpace, News Corp, although executives have repeatedly argued that there is a problem.

MySpace's new incarnation of the company relies heavily strong tradition of music the company has already partnered with four major and seeks to integrate the content of the film, television and video games. Site visitors can subscribe to news feeds about your favorite bands and actors, as well as with other MySpace users, the service is recommended as the authorities of certain types of music or other subjects.

MySpace has also changed the look of the site: users can still customize their personal pages, but to a lesser extent. Personal pages have a consistent placement of navigation buttons on the screen, for example. Critics said the previous site was difficult to navigate through the pages of the members apparently incompatible.

Chief Jones told Reuters on Monday that "your participation." Hurt a beta, or trial version of the new site will be available for some users, and Wednesday, the site must be available to all users at the end of November.

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