Post on 11-Nov-2014
description
transcript
Who created MySpace?What is the MySpace development history?
How did it become so famous?
Who is the main competitior of MySpace? How did Myspace raise revenue?
Why has MySpace fallen?
What are the security fears?
Contributers: Şelale Aşık, Eda Çalış, Selin Tabanca, Evrim Kaya
MySpace is a social networking website which connects people globally, enabling social contacts worldwide with about 150 million member. It is founded in California, US in 2003.
Brad Greenspan, founder and CEO of eUniverse oversaw the project
Chris DeWolfe (later CEO)
Tom Anderson (soon to be President).
Music ProfileBulletinsGroupsMyspaceIMApplicationsMyspace mobileMyspace karaokeMyspace forums and news
By February 2004, MySpace reached 1 million registered users.
November 2004, MySpace had reached 5 million users.
In July 2005, they reached 20 million users
Last month, they reached 150 million users.
The way they structure what goes on their website, the way they plan out new features and constantly take in user criticisms and feedback to improve on their existing
features to see what the masses want.
The fact that they actually LISTEN to what the users want, their success lies in this structure.
The advantage of myspace: having a profile with music.
The biggest investor of MySpace is News Corporation . They bought eUniverse for $580 M, of which approximately $327 M was the valuation of MySpace.
At first glance, MySpace has a huge growth.However to see more clearly, myspace has lived a rapid change after 2008. The most important decrease in myspace's profit can be seen by the number of its users. Therefore, my space's capital and label's value have fallen. Because of the News Coporation and Facebook.