Will Changes To Myspace Stop The Bleeding?

Will Changes To Myspace Stop The Bleeding?

You may have heard that changes are coming to Myspace. Changes include a simpler design and more emphasis on the average Joe or Jane being able to create a page with their favorite entertainment content, rather than musicians profiling their music.

Why the change? Myspace is dying on the vine with loses of around $100 million per year. The change must also be due to the competition i.e. Facebook, who took over from Myspace as the top social networking site quite some time ago.

What will it mean to artists? For musicians Myspace continues to be an online place you want to be. It is still a mjor showcase for musicians where friendscan go and sample your music and find out more about the band, or individual artist.It sounds like there will be new themes and improved tools for designing your page. Myspace will also provide better sharing tools to send updates to your profiles on other social networking sites.

How about the average user? The emphasis of the site will now be on entertainment rather than friends. Myspace will still have friend sharing features, but Myspace will push more information regarding the sites most popular content and the user's choices. Chief Executive Mike Jones says, "Once a user logs in to Myspace, the page will instantly populate with content based on the individual's interests, creating a unique, contextually relevant discovery experience."

It's obvious based on the cluttered mess Myspace has become, the massive money hemorrhage, and loss of market share to Facebook and others, that changes were inevitable.

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