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BusinessWeek: The Rise and Inglorious Fall of Myspace

Rupert Murdoch - World Economic Forum Annual M...

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It once promised to redefine music, politics, dating, and pop culture. Rupert Murdochfell in love with it. Then everything fell apart

"I tried to cling to Myspace for a long time, hoping that someone there would come up with some idea to keep it alive," says Jackson, 30. "But my assistants and business partners finally beat it into my head that it was a dead horse. It’s done. It’s a joke. If you do stuff on Myspace, you just look sad."

A great read.  Even funnier now that my friends at MySpace have jobs again.

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