For those of you who don't frequent the New York Times, I found this article from today's NY Times in an e-mail that was forwarded to me.
MySpace, Chasing YouTube, Upgrades Its Offerings
By BRAD STONE
SAN FRANCISCO, June 26 — Two years ago, millions of MySpace users began adding video clips to their profile pages, helping to give rise to YouTube, which Google bought last October for $1.65 billion.
This week, MySpace, a division of the News Corporation, will show that it is serious about challenging YouTube in the booming world of online video.
On Thursday, MySpace plans to rename and refurbish the video-sharing service on its popular social network. The new service, called MySpace TV, will be set up as an independent Web site (www.myspacetv.com) that people can visit to share and watch video, even if they have not signed up for MySpace. The site will also offer some new ways for members of MySpace, which attracts 110 million users a month, to more easily integrate the videos they create and watch into their personal profiles.
Complete article posted here.
You do need an account with the NY Times to read the entire article.
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Another interesting quote from the article
“I’m not surprised MySpace is promoting video heavily,†said Timothy Tuttle, a vice president at America Online who is responsible for AOL’s video search technology efforts. “YouTube is becoming a social network that is maybe even more powerful than MySpace. So they are rightly focusing on that.
Mark W. Johnson
triple m strategies
Gadgets and MidWest Beat for techRepublican
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