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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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