November 21, 2012

Sorry, 'New MySpace' Is Going to Fail

Richard Nieva, Pando Daily

AP Photo

It’s dangerous when actors confuse a role with reality. Imagine if Daniel Craig, for instance, suddenly believed he were James Bond and chased villains across the tops of trains. Or if Nicholas Cage really thought he could take his face…off. Today, we are seeing why Justin Timberlake should probably only play an entrepreneur in the movies. A deck from MySpace’s funding efforts is circulating around the Internet, and it is an awful idea. The plan says that MySpace’s parent, Interactive Media Holdings (formerly Specific Media), is out to raise $50 million in funding, with which it intends to repurpose MySpace as a streaming music service, in direct competition with Spotify, Rhapsody and Pandora. What Timberlake and Co. need to understand is that a known brand...

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TAGGED: digital music, internet, Myspace


November 16, 2012
The New MySpace: Surprisingly Slick
Molly McHugh, Digital Trends
We go hands on with the new Myspace, a bold, new look and reinterpretation of the original social networking site we all once loved ... and then hated. Can this complete overhaul win us back? more ››
November 19, 2012
Twitter Is Going the Way of MySpace
Dalton Cadwell, Svbtle
Peter Chernin had this to say during his days as President of News Corp, owners of MySpace, in 2006:If you look at virtually any Web 2.0 application, whether its YouTube, whether it’s Flickr, whether it’s Photobucket... more ››
November 16, 2012
Neil Young's War on the MP3 Advances
Miles Weiss, Bloomberg
In July, the U.S. patent office issued a notice of allowance stating there had been no opposition to Young’s application. He must now file documents detailing how he plans to use the trademarks, and has as long as three... more ››
November 17, 2012
Spotify Will Save Music, Once the Industry Is Dead
Chris Mims, Quartz
Spotify, the music-streaming service, just scored a $100 million round of financing. That values the company at $3 billion—but Daniel Ek, its founder, probably isn’t all that hung up on the fact that he’s now the head of... more ››
November 16, 2012
The Music Industry Hates Fairness
Don Reisinger, SlashGear
Is it just me or does the music industry really, really hate fairness? For years now, we’ve been hearing about labels trying to limit what we can access on digital stores and musicians holding out on offering their tracks... more ››