In 2008, Facebook overtook Myspace in popularity; News Corp sold Myspace in 2011 to Specific Media Group and Justin Timberlake for $35 million.

Who is MySpace owned by?

Rupert Murdochs News Corporation In 2005 Rupert Murdochs News Corporation purchased Myspace and Intermix for $580 million.

Is MySpace and Facebook connected?

MySpace, once the king of social networks, has abdicated. The service will now allow users to login via their Facebook accounts, effectively allowing any of Facebooks 500 million members to use all of MySpaces features without having to register first.

Why did Facebook take over MySpace?

There are several reasons why its thought that MySpace lost to Facebook. Since MySpace revenue source was ads serving, it was pressured by investors and partners into taking an aggressive ad publishing strategy, which made their pages even less attractive to users.

How popular is MySpace now?

The Current State of Myspace If you go to myspace.com, youll see that it is very much still alive, though it has mostly transitioned away from social networking to become a curated music and entertainment site. As of 2019, the site boasted over 7 million monthly visits.