This looks like a great way to be a social network for bands/DJs/music and potentially monetise around the sale of music/festivals/marketing-music.
bands actively use Myspace still, that is a massive captive market. Not sure why this is getting such negative press here on HN since I'm sure Patio11 would agree that this is genius on their behalf.
The fact that the music industry is in turmoil could make for a great monetisation strategy for Myspace. Potentially with a much greater Profit than Facebook (ie Myspace may capture the music marketing/distribution problem which is still a multi-billion dollar industry). Think Google Adwords for music discovery.
I wouldnt be surprised if Justin Timberlake has an album coming out which can be downloaded through his Myspace when it comes online.
I completely agree. Bands have never left Myspace, and it seems finally Myspace will try to really incorporate bands/DJs/Marketing campaigns into the social network. I imagine monetization would come rather easily with this as well.
bands actively use Myspace still, that is a massive captive market. Not sure why this is getting such negative press here on HN since I'm sure Patio11 would agree that this is genius on their behalf.
The fact that the music industry is in turmoil could make for a great monetisation strategy for Myspace. Potentially with a much greater Profit than Facebook (ie Myspace may capture the music marketing/distribution problem which is still a multi-billion dollar industry). Think Google Adwords for music discovery.
I wouldnt be surprised if Justin Timberlake has an album coming out which can be downloaded through his Myspace when it comes online.