Rise and fall of MySpace (soon to be a major motion picture?)

This is actually a pretty good summation of what happened to the social networking site, originally based in the South Bay and now part of News Corp.'s Bev Hills operation. As we posted yesterday, a deal for MySpace is expected this week. Video is from Next Media Animation.

Earlier: News Corp. nearing sale of MySpace


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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LA Times sells out its front page to a Disney movie
THR's Stephen Galloway wins entertainment journalist of the year
Maria Elena Durazo profile names a key name *
Finke, Waxman, Penske, Min: Battle of the Hollywood trades
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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