Myspace CEO Owen Van Natta has stepped down from his position after just one year at the trailing social network. Brought in by Myspace owners News Corp to revitalise the service four years after their $580 million purchase in 2005,…
According to the Financial Times, Myspace is throwing in the towel in the fight against Facebook to become the most dominant social networking platform.
In a bid to play catch up with Facebook and Twitter, the guys at MySpace – remember them – are launching a wave of new music products for the social networking site.
At the Web 2.0 summit in San Francisco last night MySpace CEO Owen Van Natta announced several new MySpace Music services for users including a MySpace Music Videos product, MySpace Music Artist Dashboard and Apple/ iTunes integration.