Home >Entertainment & Humor >My BlackHawk Mines Music

My BlackHawk Mines Music

Date post:27-Jul-2015
Category:
View:176 times
Download:0 times
Share this document with a friend
Transcript:

1. MYBLACKHAWK MINhttp://my-blackhawkmines.com 2. Black Hawk Mines : Myspace making a comebackThe former leading social network site Myspace announcedin Monday that its getting a resurgence in popularity due totheir introduction of a new online music player.Over a million new users have registered at myspace.com inthe previous month, averaging 40,000 accounts activateddaily. Its new owners attribute this positive response mainlyto Myspaces integration with Twitter and Facebook.The ousted social network star has transformed into anonline community for music enthusiasts and appears to begrowing into a platform that is ready to co-exist with Twitterand Facebook. 3. Instead of competing with Facebook, it is now going headto head with online music services like Rdio, Jango,Pandora and Spotify. Myspace is now claiming they havethe biggest catalog of tracks online with 42 million songs.MySpace was purchased by News Corp for USD 580million in July 2005. But according to Rupert Murdochhimself, the chief executive of News Corp, their purchasehas been a big mistake and that it was mismanaged inevery way possible.So it was not at all surprising for them to sell it in June2011 to Specific Media for only USD 35 million, a mere6% of their original valuation. 4. The new owners, Chris and Tim Vanderhook, along withartist Justin Timberlake invested and reinvented Myspace.They managed to shift the sites focus from socialnetworking into an entertainment portal.Since its launch of the new music player 2 months ago,there has been an increase in registrations and asignificant rise in the amount of site traffic.Myspace appears to have a number of assets in itspossession including a huge song library, large traffic andbrand recognition that if the firm can sustain its new-foundupward trend, the new owners may certainly have gotten abargain. 5. This new MySpace player boasts of unlimitedand free music streaming from unsigned andestablished artists. They also offer customizedradio mode and an easy integration withFacebook.Its yet to prove that this resurgence is not onlyan isolated case. But with Spotify, a competitor,starting to limit the quantity of songs that freeaccount holders can play, it might just bepossible that MySpace can fill the void for anonline music player that provides similar servicefor free.

Popular Tags:
of 5/5
MY BLACKHAWK MINES MUSIC http://my- blackhawkmines.com
Embed Size (px)
Recommended