MySpace is no longer competing with Facebook after loosing serious numbers of users but retained a core of music fans. The failing social network site desparately tried to regain user base by redesigning the site around entertainment and video. MySpace will be rebranded with a new logo My follow by the symbol space. Not sure is a good direction.
MySpace will also push out mobile apps of the website to iPhone and Android smartphones. Myspace is planning a marketing campaign to launch in mid November to promote the new site.
Will MySpace survive? Our prediction is a big no.