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October 27, 2010

(Reuters) - MySpace launched a new version of its website centered around music and entertainment, as the social networking company attempts to regain its former appeal in a market it helped create

MySpace Chief Executive Mike Jones said that News Corp-owned MySpace is no longer seeking to compete head-on with social networking company Facebook, and is recasting itself as a complimentary service that he hopes the 35-year-old-and-under crowd will flock to stay abreast of the hottest music and videos. MySpace launching new version of website

http://www.myspace.com/



Beverly Hills, October 27, 2010 – Today Myspace announced a new brand, website and a suite of products that together redefine the company as a social entertainment destination for Gen Y. Myspace is creating a rich, highly personalized experience for people to discover content and connect with other fans who share similar interests. The entertainment experience will span music, celebrities, movies, television and games and will be available through multiple platforms, including online, mobile devices and offline events.

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http://www.myspace.com/pressroom/2010/10/meet-the-new-myspace/