MySpace is one of the giants in the social networking world. But things haven’t been going too well for them lately. They’ve lost their buzz, their cool-factor and a lot of their user’s to competing sites like Facebook.
They’ve also just lost the two guys who were running the thing…Chris DeWolf and everyone’s favorite friend, Tom (Tom Anderson). DeWolf was the MySpace CEO and Anderson the President. They’ve both been fired (or as they say in the corporate world, they are “stepping down” or “assuming new roles”).
In fact, the entire senior executive team at MySpace is being restructured…with outsiders being brought in to fill key positions. Outsiders who previously worked at Facebook, AOL and SlingMedia.
These changes have many people thinking that MySpace will no longer be a social networking platform…and instead…it will morph into something else.
In the video below, G4TV’s Kevin Pereira and LA Weekly’s Alexia Tsotsis discuss this very possibility: