Archive for the ‘MySpace’ Category

MySpace and Universal Music settle for new music channel

Thursday, April 3rd, 2008


This, summarised words from TechCrunch:
…MySpace has settled the pending litigation Universal Music. They’ll create a new MySpace Music joint venture, with equity stakes from all the major labels (except EMI, which is still negotiating).

Expect an announcement next week, and a launch of the new music property in July or August 2008.

The new company will own the MySpace music property, get a cash infusion of $120 million or so from parent company News Corp, and distribute that $120 million to Sony BMG, Universal Music Group and Warner Music Group. In return, the litigation will be dropped and the labels will give streaming and downloading rights to their catalog to the new entity. Approximately $100 million of the News Corp. capital will go to Universal; the rest will go to Sony BMG and Warner.

Users will be able to stream music on demand, create playlists, and add widget music players to their profiles. The streaming will be advertising supported - at first via display ads (like Imeem), and later via in-stream audio ads. DRM-free downloads will also be available, either advertising supported or on a pay basis like Amazon’s Music Store.

Advertising revenue will be split among the joint venture partners according to their equity stakes, not based on play counts.

Whole article is here on Techcrunch

Its open season on social networks

Wednesday, January 30th, 2008

It seems everyone is opening up their platforms to allow external developers to write cool new user-grabbing-keeping features for their platforms. Most recent is MySpace, reported by Techcrunch here.

Bebo and traditional broadcasters team up

Wednesday, November 14th, 2007


Bebo, the UK’s biggest social networking site yesterday announced partnerships with a string of broadcasters, including the BBC, Channel 4, Sky, ITN and CBS, in a move hailed as one of the most significant yet in marrying old and new media.

Traditional broadcasters hope that distributing and marketing their programmes to Bebo’s 40 million users will help them reconnect with the so-called “lost TV generation” of 13 to 24-year-olds who make up the social networking site’s core audience.

It will allow Bebo users to collect and curate clips from BBC programmes such as Doctor Who and EastEnders, behind-the-scenes MTV footage, ITN entertainment news and a host of other items within their own “Personal Video Profile”, displaying them on their homepage and sharing them with friends.

In future, broadcasters are also likely to use Bebo to premiere programmes before they are shown on television in an attempt to build up an early following.

One of their biggest challenges is to cut through the noise of competing channels and get viewers to sample their programmes.

Bebo’s president, Joanna Shields, said the announcement marked a new phase for social networking sites. “We’re revolutionising the way media companies can reach audiences online … particularly the hard-to-reach youth demographic,” she said.

As well as welcoming the world’s biggest media companies, she said the new platform would be open to niche broadcasters, giving them an opportunity to reach Bebo’s millions of users.

A fierce battle is taking place for the eyeballs of elusive younger consumers, who are increasingly turning their backs on traditional media. Advertisers are terrified of no longer being able to reach young audiences, while broadcasters and other traditional media owners are seeing mass audiences eroded.

Bebo, which unveiled a new look yesterday, also vowed to collaborate with broadcasters and independent producers to create more interactive drama and entertainment shows developed especially for the web, following its recent hit Kate Modern.

It claims to be the most popular social networking site in Britain, with 10.9 million users spending an average of 35 to 40 minutes a day on it. Globally, it is third to rivals MySpace, which rose to prominence in the UK thanks to its role in breaking several big music artists, and Facebook, which has an older user base and has been embraced by office workers around the world.

Bebo was founded in 2005 by British-born web entrepreneur Michael Birch with his wife, Xochi, and has steadfastly refused a number of offers to sell to established media players.

The BBC and Channel 4 will initially use the Bebo network to promote their shows using short clips. Because it allows them to embed their own “media players” within the website, they are also likely to show full-length programmes in future.

Andy Duncan, chief executive of Channel 4, said it was “the start of an exciting partnership and the launch pad for future innovations around new formats and existing successful shows”. The broadcaster has already enjoyed some success by heavily promoting youth drama Skins through MySpace.

Shields, a former Google executive, said one of the key differences with Bebo’s offering to broadcasters was that it was not attempting to make any money from their content.

Instead, broadcasters retain control of the rights and can use their own technology, showing their own advertisements around their clips.

The power of online video was first demonstrated by the explosion in popularity of video-sharing site YouTube, much of which was driven by traditional broadcasts being made available illegally, as well as from user-generated content.

While some broadcasters, including the BBC, have done deals with the Google-owned YouTube to feature their shows on their own branded channels, others, including Viacom and the Premier League, have threatened it with legal action.

Broadcasters have for some time been working on how to deliver on-demand programming over the internet and mobile devices.

The BBC has launched a public trial of its long-mooted iPlayer, which offers any programme from the last seven days, while ITV and Channel 4 also offer similar catch-up services. Apple offers paid-for downloads of TV shows through iTunes, while NBC and News Corp recently launched a video site in the US.

The BBC director general, Mark Thompson, has made reconnecting with younger viewers a main plank of his Creative Future plan designed to maintain support for the licence fee in an age of digital choice.

But broadcasters have only recently turned their attention to spreading their programmes throughout the web. Web 2.0 logic dictates that broadcasters will stand a better chance of continuing to reach mass audiences if they are able to scatter clips, programmes and other background material throughout the web to users who will no longer head for “destination sites” to watch it.

To this end, media companies have been engaged in a desperate race to sign deals with new TV-over-the-internet platforms such as Joost, while at the same time policing the web for pirate content.

Shields likened the typical Bebo profile to a teenager’s bedroom. It became an extension of their personality by hosting pictures and notes from friends and displaying their favourite bands and TV shows, she said.

She predicted the new deals would help mark it out from its rivals, describing Facebook as a functional BlackBerry equivalent and Bebo as a multimedia iPod Touch.

Bebo and other websites are now commissioning their own shows. Attempts at interactive online dramas are nothing new - US series The Spot was made in 1995 - but the popularity and marketing power of Bebo has arguably made them viable for the first time. Kate Modern, a thriller starring Ralf Little made by the team behind US YouTube phenomenon LonelyGirl 115, was watched 25m times in three months and allowed Bebo users to interact with the characters. It also featured sponsorship deals, such as one with Warner Music to put its act The Days into the storyline, and product placement of the kind that is banned on television. It will be followed by drama Sofia’s Diary, made by Sony, and The Gap Year, an Endemol “interactive online reality drama”, following six contestants travelling the globe.

Via Guardian Online (Owen Gibson, media correspondent)

Skype - MySpace partnership

Thursday, October 18th, 2007

Skype and MySpace — that just sounds like a match made in heaven.

The new partnership between the pair will soon allow MySpace members to dial up other users by simply clicking a button in their profile. Of course, this is assuming you can actually find the aforementioned button in all of the site’s clutter, but we digress. Starting in November, the service will reach users in some 20 countries around the globe, and while vanilla PC-to-PC calls will obviously be gratis, “premium options” such as personal phone numbers, voice mail, call forwarding and PC-to-landline / mobile calls will have an undisclosed pricetag attached. Welcome to a whole new realm of shock callin’.
via Engadget

My comment - I like this whole mashup method of quickly offering new features for users. Why develop it all yourself when you can ‘assemble’ the best solution like this. When you consider what the aim is, to deliver user-winning features quickly, why would you not do it this way. The old view of ‘you must build it all yourself’ is rapidly sinking in todays world of mashups. Why? well its mostly due to the different ways that we now monetise our products. We used to sell our services, so we always wanted to build it ourselves so that we had control of the cash-cow and so that we didn’t need to hand out a slice of the money. But today, we launch features for free, in oder to attract users that we monetise in indirect ways, like ad revenue. The dynamic is diferrent and mashups let us achieve our commercial ends more quickly, better, and cheaper.

MySpace rumoured to be about to allow users to put ads on their pages

Tuesday, August 28th, 2007

Its rumoured that MySpace is about to start letting users place adverts on their pages, opening the door for users to monetize their profiles. It might be expected that MySpace will want a share in the revenue that users earn.

Social networkers are very promiscuous

Tuesday, June 26th, 2007

Users of social networking sites such as Facebook and MySpace are “chronically unfaithful” with nearly half regularly using more than one site, and one in six using three or more, according to a report.

Source: Times Online

Newscorp to divest itself of MySpace for 25% stake in Yahoo!

Wednesday, June 20th, 2007

The Times today reported a possible deal between Newscorp and Yahoo! whereby Newscorp would divest itself of MySpace to Yahoo! in return for a 25 stake in the enlarged company.

John Delaney of Ovum says it all here - it sounds like a possible smart move for all involved.

By the figures alone, and not even considering John’s comments about the strategy, based on Yahoo!’s value of around $37bn, that makes MySpace worth around $9bn.

Other reports on the story here, and here.

Photobucket to be acquired by MySpace

Tuesday, May 8th, 2007

Rumours of photobucket acquisition by MySpace are now confirmed, for $250m. There is much discussion comparing this acquisition to Google’s YouTube buy last year. Photobucket is currently getting around 80% of the unique visitors that YouTube was getting at around the time it was acquired for $1.65bn, showing that on this metric at least Photobucket is undervalued compared with what YouTube achieved. Obviously its not as clearcut as unique visitors though.

Photobucket has around 40m registered users and is adding around 85,000 a day.

Using the ‘unique visitors’ metric, YouTube was paid around $67/head, and photobucket is at around $13.

This recent news throws more light on the story a few weeks ago about MySpace blocking photobucket content. What a negotiating tactic, several other potential bidders are said to have been scared off by the move.

MySpace adding more premium video content

Wednesday, April 25th, 2007


This article from Mashable (original article)


MySpace to Exclusively Stream Rip Curl Shows
April 24, 2007 — 05:12 PM PDT — by Kristen Nicole, Mashable
MySpace has just announced an agreement with Rip Curl, a company dedicated to products and events surrounding action board sports.

With the exclusive partnership, Rip Curl content will be broadcast and promoted on MySpace. Rip Curl Search TV shows, their International Films back catalog, and streaming and event video productions from Rip Curl contests will show on MySpace and their own website. As both companies have a global audience, the deal is beneficial for all parties involved. Rip Curl reaches a broader audience, and MySpace ramps up their online video offerings, moving beyond the realm of user-generated content to more premium offerings.

The deal signifies the onset of a new video strategy for MySpace, which is important as they play catch-up to YouTube, who has landed several deals with broadcast networks, and Joost, who has recently signed deals with several players in the indie film market.

Photobucket photos and videos return to MySpace

Tuesday, April 24th, 2007

After recent news that MySpace was blocking Photobucket photos and videos, it seems that they are back on.

It seems the original rift developed because MySpace objectied to Photobucket’s sponsored content infringing on MySpace’s own advertising property. Photobucket has now issued a statement:

“Moving forward, we’ve established open lines of communication and procedures with MySpace to prevent a sudden block of Photobucket content in future. We want our users to be able to share their content and understand it must be within the framework of MySpace’s Terms of Service for it to appear on the site.”