This is a big deal because not too long ago (in Internet time), Myspace was worth more than a billion bucks, supposedly -- that is, if you believed all the hype around it, as News Corp. did when it paid $500+ million for it in 2005.
I could cite a few more facts about Myspace, but really, do we care?
I'll be honest: I can count the number of times ON TWO HANDS that I ever visited someone's Myspace page. As a reporter, I only visited such pages when someone died or committed a crime here in the Baltimore area.
I won't discount the fact that there were a lot of people active on Myspace, and it seemed like it had been doing well reinventing itself a site geared toward musician/artist discovery and promotion. At one time, it seemed like there were a surprising number of people who claimed gang allegiances on Myspace here in Baltimore. Is that still the case? Or do gangbangers now have Facebook Groups and
Myspace had an ugly UI (user interface) and the blinking/neon/music adornments that people used to gussy up their pages were just pointless messes. Every time I visited someone's page, I felt like my computer screen was getting hijacked by tackiness.
If you ask me what I was doing on the Web back in 2005, when Myspace hit its peak and News Corp paid all that money for it, I would tell you: gosh, I really don't remember. I was checking my Yahoo mail. I was playing around with blogs. I was probably using Google Search more to find content. I was on the Internet less, and in better shape physically. But I digress.
At least News Corp. got $35 million for it.