According to the article "MySpace, a Fresh Coat of Paint," it appears that the CIO of New's Corp (the company that owns MySpace) plans to revamp the MySpace website in a last ditch effort to try and save the site. The article states that MySpace is losing money and users each year and is now worth half of the amount that New's Corp bought the site for.
I never had a MySpace account. I tried it once and couldn't figure out how to use it, so i decided to stick to Facebook. I started college at the beginning to of the social media explosion, and created a Facebook account (which at the time required you to have a .edu email address). I liked the exclusivity of Facebook, and was a bit scared to join MySpace which was constantly the topic of media due to the growing number of sex offenders and stalkers it attracted. However, Facebook jumped on the bandwagon and opened itself up to the general public to increase its user numbers, as a result it is now facing some of the same issues MySpace once faced.
While it may be too late for MySpace to make a comeback, maybe New's Corp should look into creating a website based on Facebook's earlier concept of being a college student based social media site. I would definitely prefer to be part of a more exclusive site and would feel safer having personal information on this type of site. I wish I had the knowledge and skills needed to create a social media site, because I would run with this idea.
I do not have a Myspace account, nor have I ever tried Myspace, so I guess that makes me a passive rejecter. I think it is a good idea to change Myspace to a website similar to Facebook's earlier concept; however I wonder if eventually Myspace would have to go public again. I'm sure there were several reasons why Facebook went from being exclusively for college students to being available to the general public. One reason was probably because the way that Facebook and Myspace make money is through the sale of advertisements and when Facebook was able to open it up to the general public they were able to attract more companies who would be able to increase their reach by using Facebook. So, although I think your idea is a good one, I feel that eventually Myspace would have to make the same changes that Facebook had to make.
ReplyDeleteI was never into Myspace either. My friend made me one but I never used it ... The main thing that differentiated Myspace from Facebook was Myspace was geared towards music lovers. It was a place where people could listen to their favorite artists and discover new ones. When Facebook started to incorporate music with the band pages, etc, Myspace lost its core competency.
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