Posts Tagged ‘myspace’

Check what mark has to say here


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By David Meyer of Business week

Illegal file-sharing in the UK has fallen dramatically, according to media and technology researchers at Music Ally.

The analyst firm published a study on Monday that showed the numbers of those who regularly file-shared had dropped by a quarter between December 2007 and January 2009. The trend was particularly pronounced among 14-18-year-olds—at the earlier date, 42 per cent were file-sharing at least once per month but at the latter date only 26 per cent were doing so.

At the same time, streaming music services appear to be taking off.

The researchers wrote: “The move to streaming—e.g. YouTube (GOOG), MySpace (NWS) and Spotify—is clear, with the research showing that many teens (65 per cent) are streaming music regularly (i.e. each month).

“Nearly twice as many 14-18-year-olds (31 per cent) listen to streamed music on their computer every day compared to music fans overall (18 per cent). More fans are regularly sharing burned CDs and Bluetoothing tracks to each other than file-sharing tracks.”

Spotify is ad-funded, and is rapidly expanding its catalogue. The service is even name-checked in the Digital Britain report, along with Last FM (CBS), as showing “that where the system is failing to serve the needs of users, innovative business models will develop to fill the gap”. Music Ally’s figures appear to suggest that these new models are at least partially responsible for fighting piracy.

However, a move to streaming could have implications for the functioning of the internet. Larry Roberts, one of the inventors of packet-switching and the ARPANet, wrote in this month’s IEEE Spectrum that the internet is broken (“I should know: I designed it”) because traditional packet-based routing is not built for streaming services.

“Unlike email and static web pages, which can handle network hiccups, voice and video deteriorate under transmission delays as short as a few milliseconds,” Roberts wrote. “And therein lies the problem with traditional IP packet routers: They can’t guarantee that a YouTube clip will stream smoothly to a user’s computer. They treat the video packets as loose data entities when they ought to treat them as flows.”

Roberts argued that, while past overprovision by operators meant today’s users were not yet seeing serious problems with streaming services, “things are already dire for many internet service providers and network operators”.

“Keeping up with bandwidth demand has required huge outlays of cash to build an infrastructure that remains underutilised,” he wrote. “To put it another way, we’ve thrown bandwidth at a problem that really requires a computing solution.”

The answer, according to Roberts, is something called flow management, which he is developing at his start-up, Anagran. The company has a “flow manager”, the FR-1000, which Roberts says can “the FR-1000, can replace routers and DPI systems or may simply be added to existing networks”.

Roberts ends his article by recanting his claim (“Okay, maybe that was an exaggeration”) that the internet is broken. “But the 40-year-old router sure needs an overhaul,” he concludes.

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According to reports from Reuters, Rupert Murdoch and News Corp, are in no hurry to let go of Myspace. The group bought the networking site for $580 million in 2005. However it has since then faced strong competition from other networking alternatives such as Facebook and of course twitter which is speedily becoming more popular. The News Corp chief executive has however warned against investing in twitter.

“Be careful of investing here,” he said of Twitter. it seems the site has yet to show serious ways in which it could bring profits for investors.

When speaking on Facebook he stated “Facebook is like a directory, How they make money is another matter.” The opinions of many investors may differ though, as Speculation at the 27th Sun Valley conference were still running rampant over which company might want to buy Twitter.

The service, which lets people post to Web what they are thinking or doing in 140 characters or less, is growing in popularity. While Myspace in recent months has had to cut jobs in both the United States and abroad, it is deemed that figures reaching around 30 per cent of the Myspace international staff have been laid off. Murdoch’s confidence however could prove enough to sustain the venture.

Reported by Michael Adeyemi

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Beet Tv covers the story–In their HEADLINE, IT READS…
MySpace Has been a “Calamity for News Corp,” Michael Wolff

Michael Wolff, who has written a much talked about book about Rupert Murdoch and the rise of News Corp, sees MySpace in a downward spiral. In this interview with Beet.TV, he calls the acquisition of the social media site a “relative calamity for News Corp.” because the giant media company “knows nothing about technology.” On stage with Andy Lack, the head of multimedia for Bloomberg, he said the valuation of MySpace would be somewhere around $600 million, about the purchase price.
Andy Plesser, Executive Producer

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Myspace are reportly planning to lay off 400 employees which is being estimated to be 30% of their staff.

We could see these changes coming in after the appointment of Jon Miller, the former chief executive of America Online and the dismissal of Chris DeWolfe.
I guess myspace are starting to feel the competition from other social networking sites, especially facebook

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A little memory lane into success story got me listening to this.
Tom, Tom, The Great Tom of Myspace….

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Story of how Ashley Qualls (born July 1990)from Lincoln Park, Michigan, started a website called whateverlife.com, designed to provide free Myspace layouts and HTML tutorials for people in her age demographic, and supported entirely by advertising revenue.

The website now receives several times more traffic than circulations for popular teen magazines Seventeen, Teen Vogue, and CosmoGirl! combined.

In 2006 she turned down an offer to acquire the company for 1.5 million dollars (1,220,000 euros) and her choice of any car.

In September 2006 she paid cash for a $250,000 home in a fenced-off subdivision in the community of Southgate.

The basement of the home is her office. In addition to employing her mother, she employs friends from school.
I hope you are all inspired in some way to turn your ideas into success.

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