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MySpace is a social
networking website offering an interactive network of blogs,
user profiles, groups, photos and an internal e-mail system.
According to Alexa Internet, as of March 2006 it is the world's
fifth most popular English-language website and the eighth
most popular in the world[1]). Note that this is based on
exceptionally intense usage by a relatively limited number
of visitors, many more than five English language sites have
a higher "reach" measurement, that is they are visited
by more different people each day. MySpace has outstripped
competitors such as MSN Spaces, Friendster and LiveJournal
to become the most popular English-language social networking
website with higher traffic and roughly 75 million registered
accounts. It has become an increasingly influential part of
contemporary teenage culture, especially in the Anglosphere.
MySpace has 250 employees and projects a 2006 revenue of US$20M.
Prior to the creation of the current social networking website the MySpace.com domain name was registered in 1998 to an online storage and file sharing firm. Registration was free and users were able to obtain a small disk quota which would gradually increase if they referred new members to the site. Due to slow service and a lack of revenue, the site shut down and sold all of its users' information in 2001. Prior to that use, MySpace.com was home to a web design firm. The current MySpace service was founded in July 2003 by Tom Anderson (who is an alumnus of both UC Berkeley and UCLA), the current president, Chris DeWolfe (a graduate of USC's Marshall School of Business), the current CEO, and a small team of programmers. It was partially owned by Intermix Media, which was bought in July 2005 for $580 million by Rupert Murdoch's News Corporation (the parent company of Fox Broadcasting and other media enterprises). In January 2006, Fox announced plans to launch a UK version of MySpace in a bid to "tap into the UK music scene". The creators of MySpace have hosted many parties in Hollywood, Jacksonville, Miami, Orlando, New York City, Chicago, Boston, San Francisco, Seattle, Hawaii, and McAllen, Texas to support the site. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "MySpace". |
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