10 Facts About MySpace Music

1.

Some employees of MySpace Music, including DeWolfe and Berman, were able to purchase equity in the property before MySpace Music and its parent company eUniverse were bought.

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2.

In mid-2007, MySpace Music was the largest social-networking site in every European country where it had created a local presence.

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3.

Former MySpace Music executive suggested that the $900 million three-year advertisement deal with Google, while being a short-term cash windfall, was a handicap in the long run, as it required MySpace Music to place even more ads on its already heavily advertised space, which made the site slow, more difficult to use and less flexible.

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4.

In 2012, Katz described how News Corporation had put significant pressure on MySpace Music to "focus on near-term monetization, as opposed to thinking about long-term product strategy, " while Facebook focused user engagement over revenue.

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5.

News Corporation chairman and CEO Rupert Murdoch was said to be frustrated that MySpace Music never met expectations as a distribution outlet for Fox studio content and missed the US$1 billion mark in total revenues.

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6.

In 2009, MySpace Music implemented site redesigns as a way to get users back.

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7.

On February 5,2008, MySpace Music set up a developer platform allowing developers to share their ideas and write their own Myspace applications.

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8.

The first public beta of the MySpace Music Apps was released on March 5,2008, with around 1,000 applications available.

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9.

In 2009, MySpace Music began migrating from HDD to SSD technology in some of their servers, resulting in space and power usage savings.

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10.

In November 2008, MySpace Music announced that user-uploaded content infringing on copyrights held by MTV and its subsidiary networks would be redistributed with advertisements to generate revenue for the companies.

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