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Myspace or Musicspace

Posted on November 4, 2005 by feeling entropy

I can recall not so far back in the past, making fun of myspace.com for being a friendster knockoff. “Basically, they just stole the friendster idea, and improved where friendster falls apart” I said. I can’t say that I’m a philosopher, but many shared similar thoughts. The folks at myspace, “Tom”, decided to do just that. Make something better that what was available.

Musicians took a hold of that, and myspace welcomed them with open webspace. There’s approx 550,000 musicians/bands on myspace.com, with 35 million total registered users –yes I’m one of them.

So what does myspace do? Sell, keep things the same, and start a record label! Why not? A community of 35million is plenty enough to start up a record label. There’s also half a million bands just dying to get signed. Foreseeing this one was about as easy as foreseeing lance take the tour one more time, Steve showing us a video iPod, and me spending my next 4 paychecks at newegg.com, yet I’m surprised to hear this.

“Radio has become less and less important” –Chris DeWolf Myspace CEO

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Jeremy Toeman is a seasoned Product leader with over 20 years experience in the convergence of digital media, mobile entertainment, social entertainment, smart TV and consumer technology. Prior ventures and projects include CNET, Viggle/Dijit/Nextguide, Sling Media, VUDU, Clicker, DivX, Rovi, Mediabolic, Boxee, and many other consumer technology companies. This blog represents his personal opinion and outlook on things.

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