After a change in ownership, and in focus — from social networking to media and entertainment — MySpace might be showing some signs of life. The New York Times reports the website is recruiting about 40,000 new signups a day — up from zero — and is expected to announce a total of one million since the launch of its new music player in December. It’s not all good news though — while signups are on the rise, and January’s traffic is up 4 percent over December’s, traffic is still down about 25 percent from when Specific Media took the foundering site off News Corp’s hands.
MySpace traffic and signups up since December, say new owners
The New York Times reports that MySpace is showing signs of life. The one-time king of social networking is expected to announce one million new signups since December.
The New York Times reports that MySpace is showing signs of life. The one-time king of social networking is expected to announce one million new signups since December.
MySpace still has a long way to go to achieve even a shadow of its former glory, but the company has some assets in its corner — a huge 42-million song library, brand recognition, and a surprisingly large amount of traffic. News Corp originally bought the site for $580 million (before screwing up in every way possible) — if the company can continue its new upward trend, the Vanderhook brothers may have gotten a bargain with their $35 million purchase.
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